As P76 predicted, steel prices, at least for lightest stuff, has gotten worse here in eastern South Dakota, down to $10 a ton. P76 and me deal (but at way different levels!) with the same company but in locations 100 miles apart. This company owns most, if not all, the steel yards in nw IA, sw MN, and e SD. I'm not saying its their fault but lack of competition probably doesn't help. There is no mini-mill in e. SD, the closest I know of is (or was) Norfolk, NB, about 120 miles away so no end-users of scrap nearby. The second (new & nice) Soo Foo metro yard is just down the road from me about 5 minute drive. I don't know how their nf metal collecting is going but its looks pretty much a ghost town from the highway. Typically there are 2 piles of steel scrap visible by a ways above their fence. Now barely one is poking its end up. I'm sure they've had to lay people off at that place. Pretty sad times...
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