Massive drop in prices (UK).Hows it near you?

Good evening all.
Here in the UK steel/iron prices have dropped £40.00 a ton as from this week .
Light Iron below £100.00 a tonne($157 ton/$0.07 Lb) was £140.00
Higher grades were £195.00 a tonne now £155.00 ($243ton/$0.11Lb)

Wow what a large fast drop this is . I mainly deal in copper and brass which are only a bit down (So far)
How are prices doing where you are ........I can see a global drop on the cards..



A bit of a rant but it was a real shock (and yes i called other metaligists and they were suprised too)

Stay safe , enjoy , chill , scrap it
British

Drop here as well. Small yard went from 120/ton for everything to 80/ton (mixed) and 120/ton (clean) for light iron. I think Schnitzer went down $20/ton for mixed/light iron...165 or 170/ton now.

went to a yard here in SWFL with some shred. price had dropped $1.50 hundred in last 10 days. They said it will be at $6.00 by end of March. Is this the trend or is it a game they are playing? the owner is a prepper/doomsday prophet/nutjob so its probably BS,but would be good to know if it is going to happen.

"prepper/doomsday prophet/nutjob..."

Makes me laugh, as this has become a hot topic recently. Learned some interesting things from the "prepper" I spoke with, though. KNOWLEDGE IS POWER!

$150/ton for tin.

All this month shred,sheet iron was at 250/ton and cast iron at 260/ton. Was up to 275/ton for shred in January.

$155 a ton here

Way old thread....

But it NZ$225 for heavy iron per ton and NZ$170 for lightgauge iron