With much of our scrap yards selling over seas the pooch is busy still .
When you put things in perspective , even with prices down with some diligence
the money is there .
As I saw prices plummet I feel that could be a future truth , When over seas has no need
of our scrap . We will be done . Scrap yard workers have lost 1/2 there hours .
As one worker told me he used to put 80 hrs now he is at 40 hrs .
We need realize yes the market should rebound somewhat BUT
there may come a day & it will be called " That Day "
I heard on a talk radio station - China is buying massive drums of crude Oil from Iran cause price are low
well one must figure now is a buyers market for scrap also . Makes me wonder if this is purposely occurring
for those who buy our product overseas.
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