foreign welcome everybody another Metal Monday you know me and Brett were just talking this morning it was green but now this morning yeah early this morning all right but now we see a lot of red I see Palladium still green yeah we’ll see how it ends the pgms have been having at least rhodium have been having a rough go platinum hanging in there I mean it pushed a thousand there for a little bit um Palladium is in between that 14 around that 14 13 to 15 is probably a good range feels like lately um but rhodiums all the way down to six to seven thousand yeah it’s getting crushed um which we’ll see how that looks come springtime you know get the spring buying out um and uh copper you know every copper looked you know it was like off three cents I think this morning early and yeah it’s still above four still hanging above four an aluminum meter on that buck 17 I think on uh the lme so I don’t know I think the markets are kind of trying to figure out you know whether the goes sideways right now it

feels like so including Ferris right yeah Ferris is so we talked about it being maybe up this month but yeah but it was like last month I thought it was gonna be down yeah and this month oh okay maybe we got some up movement and now it’s feeling like a softer sideways depending on the grade maybe even down a little bit um we’ll see um what the Mills decide to do I think the mail order books still look decent so domestically that should you know depend on what the flow and volumes what they were able to the Mills were able to buy in March and not just buy but actually take delivery on I think is a big piece of that um so that’ll be kind of probably The Telltale sign of what what does Ferris do in them so is it um internationally where it’s struggling then is it struggling in Chinese I think China’s still you know I think that that economy is just just like just like our common the US economy coming out of covid granted we put a bunch of stimulus money through the system so we bounced back

pretty quickly but it still took us you know I mean really it took us years to get you know it doesn’t feel like yours but I was just looking at through some of my stuff the other day and like March of 2020 was when all broke loose right and so you know it took us probably a year and a half to get you know just somewhat back to normal it’s been three years since last year it’s been pretty pretty good you know I don’t know if we’re all the way we’re not well bikers walking around with masks and stuff yeah we’re not all the way back to normal it’s feeling like it’s trying uh um you know I think I think some companies learned a lot about themselves and maybe their Workforce and yeah and I’m really proud of how we handled it I think we did a good job I I still hate the word essential I just hate that word now because I think every business is essential if you really look at it exactly um 100 even if it’s essential for that person to eat that person needs to eat so

you need to make some money That’s essential there are no there is no one in business is more essential than the other and I don’t give a what anybody says like that’s the way it is like they’re all essential if you’re if you got a job and you’re working and you’re earning money and you’re providing for your family or just for yourself you’re actually out there like your job’s essential it’s essentially you essential to your family so don’t try and tell me what jobs essential what job ain’t and I think I agree with you 100 that on the scrap side you know I mean we are essential I mean just like the cooking McDonald’s essential the guy that owns McDonald’s needs that guy to show up and cook just like the guy goes to the drive-through and wants a burger and fries that guy on the backside cooking he’s essential yeah until that robot can do that job that guy’s a sense yep and and just for us you know the manufacturers if they don’t have someone picking up their exes you know metal scraps were pretty essential especially the people like making

stuff for hospitals or the guys inside the building manufacturing the stuff whatever they’re manufacturing their sense and I never thought about it until copied but then you really see how it all connects the tow trucks are essential the food processors are essential it’s really hard if like if you are being honest with yourself it’s hard to find someone that’s really non-essential you know so that’s why I hate that word I’m glad we’re getting past it yeah um I’m hoping these markets right themselves and maybe I mean maybe the dollar was getting pounded this morning which was good for which you would think you would see more green maybe that’s why it was green this morning yeah it still is it’s still off um oil is obviously up like almost five bucks um since OPEC came out and said they were gonna cut a million dollars or cut cut a million barrels um a production that’s big you know that’s what you’re seeing that spike in the oil prices and I think the feds we’ll see if they slow down the interest rates when’s the next interest rate I had to look that up

I don’t know the answer to that next one okay yeah usually what once a month once it every couple months maybe in May I don’t know at the end of the day we just gotta run our business just get her put your head down and buy and sell and move and do and stay true to what just stay true to your business stay true to your people and you know do everything you can to make it make it happen so yep you know even during this good times and bad times you just take care of your employees take care of your customers chaos erupts and there’ll be some opportunities gonna present so right so if you’re there and you’re in a position to to capitalize then by all means it’s uh it’ll be game on all right well next week we’ll have a little more clarity on Ferris so check us out next week and I got my podcast with Chad or Brock great versus Bears I think he’s going to be a little maybe he’ll provide some provide some insight this week that we can put up and uh see where this thing

lands it’s already 3rd of April and I would assume that we’ll have a pretty good idea where these markets are by the end of this week um I usually feel like the steel mills come out aggressive when they feel like there’s an opportunity to bite at it at a down price so maybe you’ll know sooner than later all right thank you Brett thank you everybody take care have a great week