Shred price forecast?

Originally Posted by BRASSCATCHER

I agree with most of what you said patriot, only I would move steel as much as possible and sit on some of the non-ferrous for a bit. 75% of my non ferrous comes from the ewaste I process. Usually steel and boards go out as fast as they come in. Everything else either I am refining myself or waiting for the boxes to fill up before I sell.

I agree with your thoughts for those close to scrap yards and obtaining large quantities of non ferrous. For this operation hauling distances and focused on ferrous, it is hard to work the numbers right now. The good thing about the present situation, concentration of preparing a two year collection of non ferrous has become a priority. I feel blessed that a stock pile of non ferrous was collected for such an occasion. The goal is to use these funds for a second anniversary, 30 + years after we got married. Waiting until the price adjusts will make the difference between going across the street to enjoy our anniversary or a major trip. We always dreamed of going to the National Finals Rodeo in Las Vegas, something we could not do as educators.

As a footnote, we plan to see the entire United States before touring the world. This is based on preference and finances.