okay it’s that time again metal monday in september how you doing today brett just doing little monday on tuesday oh yep it is tuesday i keep forgetting that i take my daughter to school tuesdays and thursdays and my wife’s going to college and this morning my wife’s like are you taking justine i’m like what are you talking about yeah and then because justine wasn’t even ready yeah so we are all in a mess today because we all thought it was monday still so but we got it together you guys you’re here we’re here i got her to school we got everything taken care of life is good yeah we have how was your labor day weekend it’s good man we took the kids camping with some friends of ours um and we’d had a good time my phone didn’t work all weekend which i haven’t had that i mean even when i was in belize my phone worked but like up there it didn’t work and i mean the only thing i could do is just listen to music on it which was awesome um so it was kind of an interesting like

i for a few days i didn’t even take you any time to not feel like anxious because you couldn’t check your phone or did you were you able to adjust no i’m fine without it um okay i prefer to have it but i can live without it just because i knew it was kind of like we were closed everything was pretty much just nah and i figured there’s no fires that needed fought like it’s harder for me if it’s like if it’s like during the weekday say if i was to go camping on tuesday and wednesday and then i know shit’s going on i know what you might be missing calls or anybody that might be a little bit harder but when i know it’s a weekend and most everybody and their dog is i’ll be out doing something fun or getting stuff done around the house or whatever it’s easier for me so no i don’t i don’t i don’t miss it i didn’t miss it one iota we go up to crouch about two three times a year to my brother-in-law’s cabin when we finally get to that dirt road

to get to his cabin you lose signal yeah and it always takes me though doesn’t matter what day of the week because i’m so like attached to looking on my phone posting for social accounts it takes me a good like two three hours to finally like but then that’s a pretty good feeling you’re like all right now it’s time to just sit on the porch and look at the river and relax well um we saw a lot of red in the markets this morning you know it seems like we’re saying that a lot on mondays or tuesdays and then it rebounds by the end of the week it kind of rebounds back up the end of the week last week it was pretty decent yeah um you know copper hit that four dollar ish mark and bounced back up aluminum is as strong as i’ll get out right now um aluminum’s charts too if you watch it like if you just look at your six month or year chart it’s not like a crazy up yeah it’s a nice consistent one which is like i think that’s a good sign you know not a

yeah so it’s more healthy than just a rocket ship right um which i think that’s where we’re going to start going like even on the pgm side i think we’re going to start building back up and found some bass and i think it’s going to start i think it’s going to move positive again the price of iron the other pin on the grade is off you know 10 20 bucks this month so which is kind of surprising to me but i i don’t know i mean i feel like this steel new steel price is starting to top out yeah um and i firmly believe that i feel like we’re you know i don’t i’m not i’m not going to sit here and tell everybody the price is going down but i’m gonna i am willing to go out on a limb and say if we’re at least on the new steel side because obviously we sell a lot of new steel on the corrugated steel pipe side i feel like that market is is is kind of starting to top out and i’m hoping that you know we’re going to crest over that my

opinion though on the scrap side depending on supply and what it looks like as long as the mill demand is there for new steel the pricing may start kind of coming down but i don’t think you can just crash the scrap price because the margins are so wide right now yeah between new steel and scrap i mean that that margin is as big as it’s ever been in the history right of scrap and new steel ever since they started tracking it and i think that as those margins will start to compress and let the the only way they really stop from just cutting off the supply of scrap is to keep that market around but we did see they appear in september yeah that’s what i’m saying that’s why i was kind of surprised but i don’t know that that to me tells you that tells me it’s the first sign to tell you that new steel size it should weaken up gotcha okay well i guess we’ll just keep watching it seeing what happens you know because you know everyone i talk to we tell we deal with a lot of people that

deal deals with it buying that new stuff you know so they see that then then i gotta go on there like hey it’s down 20. yeah and they’re like it shouldn’t be another guy i agree yeah i’m on your team yeah but it is down 20. i’m not lying to you yeah um so it’s been a little frustrating for all the scrap guys and we’ve been talking about this pretty much all year well that’s just a hard yeah it’s a hard conversation to have with your customer you know is it almost season seems disingenuous when you’re like yeah the market’s off 20 bucks and they’re like well how come my price hasn’t even budged you know or it’s up you know well i mean yeah i don’t know what to tell you you know and i go it’s not i don’t necessarily think that your buyers are doing a bad job you know on the um new steel side you know because they got guys out there sourcing material and i said i just think that that’s the market that we’re in you know it the new steel price the league times were long

and then and um hopefully you know i mean we’re building storage facilities out in east idaho and we’re supposed to have all the new steel for those buildings in uh july yeah they said we won’t see it until october yeah that’s crazy i mean and we ordered in january yeah yeah i know and everyone’s dealing with that so there’s just other variables jennifer from argus puts put it well that it’s just truly two different markets now where there was more connected than traditionally in the past and now it’s just you just gotta look at it like you know the new steel price and scrap or there’s two don’t even compare them yeah they’re two completely different like things so and once you look at it like that i think it makes it easier to stomach when those things go down and when it doesn’t make sense to the scrap side you know but but anyway i guess we’ll wait and see and we’ll see what the you know this fall brings and we’ll go from there time to get the party started thank you everybody