Trump Presidency/Scrap Prices

So does his win help scrap prices down the line in the long run? Was curious if prices will rise considering he wants to rebuild so many things and rebuild our military. Companies might start rebuilding again in the US. (Any thoughts)

I would hope so, but it depends on what and when he rebuilds.

If what he says he wants to do comes to fruition, then hopefully demand will start to rise, which will carry over to other countries in which their demand will also rise. Somewhat a bit of a dampener is that demand for fuel will also rise. This will be a two edged sword. A rise in fuel prices means a rise in scrap prices, but it also means more we will have to pay out of our pockets for anywhere we want to go, scrap related or not.

I think I saw something about the DOW freaking out last night. Not sure if that's stabilized or not.

Make America great again first and foremost. I think Mr. Trump is going to turn this country around and create more jobs and manufacturing. Plus bring back manufacturing that was outscourced. In turn more demand for domestic raw materials. More demand for scrap. He is just the guy to eliminate the Federal roadblocks that stand in the way of progress that has been stagnated the past 8 years. I think scrap prices will begin to go back up now. Like gas is slow to come down scrap will be slow to go up.

Originally Posted by NinjaGal

So does his win help scrap prices down the line in the long run? Was curious if prices will rise considering he wants to rebuild so many things and rebuild our military. Companies might start rebuilding again in the US. (Any thoughts)

It's likely that scrap metal prices will go up during his time in office. We will be exporting quite a bit of metal to other parts of the world.

Uncertinty (sp?) on what Trump will do as President is a big factor on copper prices. Manufacturing companies, foreign countries, and others will stock up on certain metals while the price is low, hedging their bet on a spike and sustained price on these metals. Buy while the price is low.

Although a spike in copper may not be sustained one...

This is a little off topic but it relates:

People are people and we're all just human. We've got some pretty good analysts at the CIA and what they do is gather information on all of the different world leaders in order to get a fairly good idea of what kind of people they are. What it all boils down to is that people are pretty predictable in how they will react when you put them in different situations. That's especially so with older folks because they become pretty set in their ways.

If you know what to look for Mr. Trump is an open page.

Take it from an old scrappah .... that man loves a good fight.

It's hard to compete because China manipulates the value of its currency. Trump has said this and hopefully he can fight back somehow. Anything is better than nothing.

Originally Posted by APA

It's hard to compete because China manipulates the value of its currency. Trump has said this and hopefully he can fight back somehow. Anything is better than nothing.

Trump says he will alter the free trade, add tariffs to imports, which will cost more to import products. It should encourage domestic production. He also says he will lower the corporate tax rate to 15%, so also It should encourage domestic production.

EPA is all I can say... we go to war we will have to import metals in order to have enough. And if we could re start all our steel mills and other factories, every day there is less and less people who knew how to run the equipment to get them running. Out here we have a air force bone yard filled with planes that could be ready to fly if needed but same thing not enough people who still know how to run them!

i hope im wrong but i believe Mr Trump is just another puppet, like all those before him.

the puppets may change but the puppet masters remain the same
so it will just be new faces doing the same old things.

There's a viewpoint that says the game is rigged. What it comes down to is that a smart puppet master will always find a way to turn the situation to his/her advantage. It makes no difference whether it's the Democrats or the Republicans that are in power. They just play the game a little differently depending upon who is in office. It's even better if the two sides are busy fighting with each other. That way they are no threat to the power of the one that's pulling the strings.

It's like the old song from "The Who" that was released back in 1971. It was titled " Won't Get Fooled Again " and the lyrics go " Meet the new boss ...Same as the old boss.

It doesn't seem that far fetched but it's hard to prove.

Truth be told, it would be pretty hard to assemble a global conspiracy of the ruling wealthy elite and have it last for any amount of time. There's too much backstabbing with that class of ruthless people. They're all out for themselves.

There's a really good article on Neoliberalism & Mr. Trump that i ran across yesterday.
https://www.theguardian.com/commenti...george-monbiot

One would think that something with liberal in the name wouldn't apply to him in the least .... but this is something that's more about the law of the jungle where the strong and powerful take the weak. It fits pretty well with how a shark in the business world operates.

Originally Posted by Patriot76

First to answer the question, I believe scrap prices will increase but not to the artificial level they were a couple of years ago. Part of this will be caused by supply and demand and some based on rebuilding the infrastructure. Conflict in the Middle East may also have an impact. I think Trump has some lofty goals, but the reality of politics will slow down his timeline. Future foreign policy may cripple both China and India and put the brakes on global demand for scrap. Therefore I believe the increase in prices will be natural and not the result of leadership in the Oval Office. The demand will come from within the U.S. Just an opinion.

I'm wondering what it would look like if we got into a conflict with the Chinese.

Maybe a proxy war like Korea where China was backing the North Korean communists and we were backing the Democratic South Koreans ? Vietnam was another one of our proxy wars with the Chinese.

I would really look into what's been going on in the South China Sea. It's a complicated situation that hasn't getting very much news coverage here in the states.
Trump Expected to Take Tough but Brief Action in South China Sea

Can you imagine ? We get into some kind of war with the Chinese. That cuts off all of the Chinese manufactured goods being imported into the U.S. That cuts off all of our exports to China.

That would be a real game changer for our scrap market.