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Scrap Price Drop in May 2013

| A Day in the Life of a Scrapper

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  1. #11
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    Gangel I have a very very steady job. Its called I contract for a large scrap yard. I am probably one of the largest scrap processors of scrap locomotives in the USA. We move insane amounts of weight on a daily basis. Since you answered in another post that a 40 dollar drop doesn't mean much to you then you can start by making out your checks to my business name you can private message me for my address. The rumors of the prices falling started this month with a 20 dollar a ton drop and then the prices kept dropping for export material through the month. Scrap is plentiful and the mills know there inventory and there books for finished products. The economy is expected to be lacklaster for the next two to three months with anemic growth of the GDP. They can drop there buying prices when they know they aren't melting much and they have enough scrap to last a while. Supply and demand.


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