Steel Prices and Where I Think it Going

Originally Posted by hobo finds

Called the yard today down to $150 net ton for sheet iron

!50/ton in Flagstaff from a high of 200 two months ago. Just turned down some metal because couldn't pay what was being asked. Not overpaying again. Someone says it has to do with this quarter so if anything things may get better at the end of this quarter if not then this may last awhile. I remember last year the prices were doing the same plunge but I wasn't doing HMS last year. So I will stick to more profitable and steady products. Peace.