hey everybody we’re here for another another metal Monday how you doing Brett doing well Nick how are you man I’m doing good you know last week after our last metal Monday we kinda had a rough week for the non-ferrous but rough week absolutely bloody terrible week but guess what today’s better today looks better which I was kind of a little little nervous to check my phone early this morning to kind of see where we were gonna be at least today yeah but I mean so far today coppers up a couple pennies aluminum’s up one penny you know nickels 23 cents up you know you and your zinc minimal changes on both of those but but it is also March 2nd which we start to get our fairest pricing so where are you seeing that going Brett I I think the fairest pricing is gonna be positive over here in the northwest I don’t see a ton of scrap on the ground anywhere I go I mean I go to a lot of yards I visit a lot of places and I just don’t see the scrap and the export market has they you
know turkey took some tons off out of the market some big other cargo was I think it was a the big news last week was Pakistan took a cargo out of the Northwest which is you know pretty rare um so I think I think it’s i think Faris markets are gonna be up strong sideways to up you know 10 20 bucks at least I’m hoping so and those cargo marci are those recent cargo purchases are those so far been a better price than we saw a month ago yeah a little bit better but the reality of it is for us is I mean we don’t I don’t sell direct export so the only thing I’m hoping is that when cargoes get purchased whether they’re from buy turkey or Pakistan or anybody that it’s just taking tons out of the market and when you already have limited tons which is out there right now which I feel like we’re in a market of limited tons then we’re gonna see some price movement and the positive direction I mean the mills are still running pretty good I mean if you look at the non-ferrous market
the stock market got hit way harder than the metals markets other than your precious metals but as far as you know nickel being up almost 25 cents today coppers up a couple more cents so I mean we’re kind of rebounding back a little bit so I’m feeling generally pretty positive about where this thing’s going well it’s good and you did touch on the precious metals we saw some of the pgms really take a big hit last week and gold and silver I mean silver mainly right gold oh yeah a strong silver got whacked gold gold came off but really it’s your you know palladium finally took a big breather I mean it’s off again this morning I think 50 60 bucks $300 or something like that on Friday hmm but that thing’s been on a tear so that’s that’s not really you know that downward adjustment like basically was like we’re not shocked did that happen no no well great well next week when we do this again we’ll know exactly how far the Ferriss markets went up or stayed sideways or what they did and tell them what you know keep you in
the loop thanks guys have a good week