I have been recycling metal for about 7 years now and in that time I have seen light iron as high as 385/ton and as low as 55/ton but I can't remember a time when it didn't move for months and months.
My current light iron price has been steady at 105/ton for a couple months and before that it was 95/ton for quite a while. I guess it could be worse but I miss the glory days when a load of light iron was a decent paycheck.
To compensate for the lower prices we have started braking down and separating more of our loads and charging fees for the smaller scrap pickups, We also hoard some of our non ferrous so we can get better "bulk" prices for it (although that is a gamble in itself because prices could drop while your saving, or you might get lucky and they will go up)
On the bright side though is if we can maintain through this long duration low then we all should be doing well when the prices do come back up, and that's something to aim towards.
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