all right middle monday monday april 26th next in the last one of the month how you doing brett i’m good bug yourself i’m doing awesome man i like when copper went up 10 cents you know like it’s never heard of the cause so uh copper do you think five dollar copper in 2021 by six months three months yeah this year i think this year okay i mean i think when i said 450 people thought that was crazy and i think that it’s coming like we’re pushing you know like we’re not that far away from 450 and i don’t see any reason why we don’t get to five with i mean i think we get to five before we get to two you know yeah where’s the top top ben is it are we are we there we’re getting closer yeah it’s like 462 or three or something like that is that what it was i knew we weren’t there i knew it’s got to be getting close yeah we’re pushing up we know we’re getting up there anything above 450 is like it’s it’s getting pretty high which that just goes to show you
i think as much as people want to talk down inflation or whatever it’s starting to creep in things are starting to you know obviously lumber copper um steel yep new steel anyways so i think on the ferris scrap side we’re gonna get our day in the sun i’m hoping it’s just it’s we just got to be patient so any news for next month on ferris nothing really everybody’s kind of closed lip so far um but with all the other base metals running pretty hard if they continue that strong this week i just have a hard time believing that they can really drop the price i mean not i’ve been wrong before um but i the biggest thing i think is the other world economies haven’t all the way opened up yet i mean china’s you know is going strong you’re starting to see some more aggressive quotes for for export scrap going into china um you know i turkey’s going to try and keep the market beat down as much as they can but i really believe when all the other economies open back up man this thing is is like a kennel box
like that thing is just ready to light and when it goes i’m not saying it’s going to last a long time but we’re going to get a hard run i think it’ll be a fun run when i go we go through it i mean so if anyone’s sitting on copper i’d get a hold of your local scrap buyer yeah i mean if you’ve got if you’ve got copper i think right now you’re not gonna think you’re gonna get i don’t think it’s not not a bad time to move it you know we sold some some material early and when i say we i did i sold some material early in the month sold some material about a week ago and just watched it keep going so i never feel bad as much as i love i like talking to myself i like it at the top of the market but the reality of it is like if you aim for the stars and hit the top of the mountain you don’t necessarily get the peak peak peak as long as you’re selling and you’re and you’re making money doing it then there’s not much
a guy can complain about you know and if you’re selling i mean as a scrap company we gotta just follow the market we can’t follow the sell all the time you know exactly ever really you gotta just stick with the market so if we’re buying at the market you’re selling at the market we’re close you know at the long run we’re gonna come out okay you know and it’s markets like this where the hedge can go against you and you know as much as you know people like to push the hedge you know unless you just are sitting on a bunch of material you can’t get through your system and get a sail off you know that’s probably when a guy would want to hedge give you give yourself some production time but remember if you’re hedging early like you’re missing out on a lot of this upside so um just keep that in mind it’s like anything there’s plus and minuses to everything yeah you definitely protect the downside um but you’re missing out on the upside so yep all right well next week we’ll be in a new month and we’ll let
everyone know where what ferris is doing yes sir have a great week everybody thanks