what is going on brett what’s going on man how are you doing today i’m doing great we’re here for another another metal monday this morning the markets were looking much better than last monday last monday we took a beating yes this monday we got a a good a nice little uptick on especially copper you know yeah copper looks strong i mean aluminum has looked strong and nickel is really pushing i mean let’s see we’re gonna get we’re gonna see nine dollar nickel um which equates to a pretty strong 304 316 price for us which is really the two alloys we see the most um you know that we don’t see very many high temp uh items but obviously with nickel pushing the way it is i mean i guarantee some of those those high nickel alloy you know grades are they’re seeing some some good gains the last few weeks going into that like where do you see most of those high nickel alloys i mean um that’s for high heat they’re constant yeah they’re concentrated you know you see a lot of them on the coast lines anywhere there’s water or like refineries
um you know oil gas refinery you know they see a lot of those um those areas you know say the texas is the dakotas um or at the dakotas but mostly down down south or concentrate on on the coastlines machine shops depends on what they’re machining any areas that you see you know where there’s a lot of machine shops those guys can can create a lot of the high temp alloys just not something we see in our area so we don’t really look too hard at that material mostly it’s 304 316 food grade stainless for us yeah yeah we see a lot of 304 here no doubt about it you know but it seems like every few years we see a decent load of like king canal or monel or anything like a little bit more odd not a very common thing they got to kind of look up the percentages to price it out um feels like uh copper you know just getting you know we’re maybe we are going to get that five dollar copper i mean shoot i’m just looking at it depends what website you go to but that’s cme
group website top 18. yeah on the comex which is crazy man what a crazy world we live in yeah i i guys i always laugh but i can go from a hero to a zero in the in my sale price you know overnight like oh yeah i was laughing i i sold some material i sold some copper uh last friday um and then obviously monday it crashed i look like a genius and then you know it went on a run all the way last week and it looked like i was an idiot you know just that quick yeah we were sold too early um we had a look at this morning i’m like i stole a load on friday and i sold another one this morning again i’m like i’m just trying to trying to i guess average my way into the upside you know even though i still feel like it’s going to five i just can’t let it i just don’t have it in me to sit there and just wait for it because i gotta sell into it and keep this material moving you know well yeah we can’t we can’t
accrue all that risk you know we have to pick our battles when to you know gamble yeah yeah uh we gamble on enough other stuff i guess that we have to kind of make sure that we keep some items moving when we buy so much copper and that’s what i tell all our customers i’m like man we we buy and sell on current market you know that’s what we can’t play it’s hard for me to hold there’s every very few times where i’m even able to be like okay brett sold a load and we’re buying into it and then the market takes a dive in those situations i’ll give some of that to some of our customers to help them out you know but that’s very good most of the time we’re real we’re only selling what we have like we don’t actually speculate and sell ahead you know we’re mostly just speculating on on what we actually carrying from an inventory standpoint absolutely do you any uh idea why it’s doing what it’s doing today oh just they were just basically i think everybody’s maybe getting excited on the infrastructure deal like they’re
talking about maybe they might get something signed this week you know the dollar saw some weakness overnight that helped and then people were really starting to bet on inflation again i think people are really starting to see that that’s that’s going to be a real issue um which obviously it’s it affects us you know in multiple different ways it’s positive on the commodity side on the material we’re selling um if we get inflation so because the prices of base metals usually go up with that um it also affects us negatively because you know we we we have our own trucking companies so we spent a lot of money on fuel and the price of fuel is going up um price of equipment is going up because of steel so i mean we get we get both sides of it i mean thankfully that you know we actually do get to see some upside in the commodities prices that that benefits us so we’ll see we’ll see kind of how it shakes down yeah we’ll see if the bill gets signed i’m just kind of curious what that will do like if that happens do
we get to five dollar copper before fall maybe you know yeah i think we do man i really do i i i really feel like we’re gonna get there cool well we’ll have to wait and see thanks brett all right man take care