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Any Idea Why Prices Are Horrible?

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  1. #3
    wayne1956's Avatar
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    Another issue is fuel prices. When fuel prices fall, so does scrap prices (especially shred) as it does not cost as much to ship from point A to point B, in addition to cutting the cost of creating new steel from ore. OPEC has voted to cut production, so if they keep to that and price of oil goes up, so will fuel and probably shred prices.


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