all right first metal monday of 2022 how you doing today brett i’m doing great man just uh get back into the swing of things that last week between always the last week of the year it’s kind of notorious it feels like in our industry that that is kind of a dead week as far as almost the last two weeks to a certain especially for here for here in idaho we had a lot of winter finally came a lot of snow we had a couple dead weeks and a lot of people are just already in christmas mode then we the following week you get new years you know we just get a couple so it really makes december a tough month yeah winter came with a vengeance here the last it was it was 12 degrees this morning when uh my wife was like are you gonna put the dog in the kennel i’m like well i mean she is a dog and she’s like let’s just put her in the laundry room i’m like okay yeah yeah she won i’m like all right we do a laundry room for the dogs too when

it gets like this so in the you know better weather they get to stay outside yeah so we’re into january do we know where ferris where still is going to be we don’t it feels like it’s going to be soft uh that’s what everybody’s trying to talk it down um which is what it is um we’ll see what the next few months bring but it feels like the market is softening up the base metals were you know a little bit soft this morning copper was off a nickel it was off a little bit more even though yeah it was obviously 11 early yeah it’s kind of crawled its way back and i think as people get back into the swing of things it will have a truer a truer read on like what what this market’s going to do ferris and really base metals non-ferrous wet wise yeah not fair so i mean the last couple weeks really been kind of a nice little rebound too yeah so i’ve been hanging in there pretty strong so i feel i don’t know i i’m always optimistic you know but i’m also you know like

a temper you know measure it but i’m also i feel like there’s still momentum going into 22. um and it still boils down to there’s just not a lot of material out there 100 you know so like you would just think that’s going to push the price up like i just read an article through apple news this morning about the housing market where they don’t think you’re going to see big swings up this year but they still think because of volume it’s still going to trickle up well you see the price of lumber right like lumber hit 1700 and it went all the way to 5. and where is it sitting at today 11.50 yeah so i just like everything it’s still three times two to three times higher than what these what your traditional builders are used to buying their lumber packages for right so you know and every house has a lot of copper in it base metals you know i feel are going to be you know we may not see the you know the exponential increases we also have to think at the beginning of january this last year

we came off some pretty gnarly you know some pretty gnarly low points so you know are you gonna get that big of an increase no but should you hold relatively speaking around the similar prices where you’re at today or better i i feel fairly confident that’s what it feels like i mean all these markets are somewhat connected you see one take a big dip or one a big increase they eventually trickle to the other one so yeah housing market to the metal markets or you know commodities in general you know yeah you know lumber it still comes back down to like you know this year this this year this month is going to be difficult transportation wise even to move scrap right bring it in move it out i mean it’s like i said it’s 12 degrees here this morning it’s going to get a little bit warmer this week but not a lot it’s still gnarly on the weather side snow tomorrow rain snow and rain muck and at the end of the day that’s not conducive for processing buying shipping a lot of scrap so i’m cautiously but still optimistic about february

because if january makes it tough to move scrap when we don’t have to talk about the logistics and the supply chain issues that are out there i mean that’s that’s on every news cycle every news channel and that’s not going to get any better it definitely doesn’t get any easier when it’s weather’s like this so i’m not too worked up about it same here well we’ll keep everybody posted when we know more and uh i wish we had a crystal ball so we could tell you what it’s going to look like in a month but we don’t so we just kind of hear the news and pass it on absolutely hope everybody has a great day thanks