foreign another Metal Monday and we got some green in the market this morning at least give me copper copper looks good I mean Palladium Palladium all right good yeah I think uh rhodium was off a couple hundred bucks um Platinum was like pretty excited sideways to maybe down 10 bucks but yeah rhodium look or Palladium look good um copper looked good you know everything else is kind of just hanging around it’s gonna be I guess it’ll be an interesting uh end of the year for sure all right so did he get some first numbers did we go down this month down yep depending on the grade um anywhere from 10 to 25 bucks 10 to 25 over here towards the West Coast it looks like Midwest Midwest and East we’re a little rougher is that right whatever kind of red yeah and I think I mean in the midwest it sounds like they’re just you know lack of demand Mill closures you know some meals aren’t buying you know from from the guys I talked to over there it’s pretty it’s a pretty rough go um anything on the cut great side bushlings definitely
getting whacked which is not an item we see a lot over here so it’s we don’t have to you know kind of worry too much about the bushling why is that one getting waxed more than other ones just Supply and then demand basically the there’s they use for different costs they use for different materials it depends on what they’re making and you know if you got a big just say two Mills over there they’re big bushing consumers and they’re out of the market well then that’s floods the the market with that material and you’re only going to use so much of it so then where like the big Arbitrage right now and talking to my buddy Chad ellerbrock is you know the shred price so like because the shredders are not seeing nearly the amount of you know cars 10 you know stuff like that they’re shreds at a premium compared to bushling which you know that wasn’t that way you know even six months ago so you know you’re seeing guys running bushling to the shredder you know so the shredder guys are short on materials well it’s just it’s part of the
blend right yeah when you as steel mill it’s like baking a cake yeah and it and you know you need some sugar you need some flour you need some egg you need some so it’s like you need some shred you need some Bush you need some pig iron you need some of this you need some of that to make whatever it’s all the ingredients depends on what you’re making or are you making angle you’re making a hot roll you make a cold roll you’re making it just really depends you make a rebar um that all takes a different you know cake mix right so every commodity depending on the volume availability what you need what you’re trying to make um plays a role it still sounds like you know I talked to a few guys back Keys last week their flows really really down because it flows really down like ours if anything was down it still it kind of is but we’ve had a few bigger jobs pop up from our customers so it’s been a little better but it it feels like the flow is going to continue to be down the
rest of the year do you have any thoughts on that I absolutely believe the flow will be slow we talked about this in our uh meeting here last week and I just said you know be prepared for the flow to be at this pace or less so make sure that we’re executing on you know equipment making sure it’s in the right spots luckily for us you know and we’ve built it’s been designed this way is that we’re Diversified enough that we can move assets around to where they’re needed which when everything’s busy it becomes a real chore because you’ve got every piece of equipment out and about and it’s you’re spread really thin but in times like this it actually is advantageous because we can kind of move assets say toward the tire recycling business toward you know the scrap if we have a big demo job or a crush job or a bailing you know if a bailing job stay at landfills or our ability to move our assets is really the only you know the the big Advantage we have to keep it going when things are do slow down like they
are right now and you get some time to maybe get some things in for some needed maintenance that oh yeah 100 you guys get some new projects done get some of the smaller projects done we’ll get some cleaned up um take a harder look make sure doing things smarter I think it’s it’s like anything there’s always positives even in some negative markets you can find some positives for your yard you know down times allow you to build in efficiencies that make you more efficient when you’re when the when everything turns back up right if you use them right the right way and your cost conscious and you you get yourself into a position it’s hard to do a bunch of facility projects when you’ve got 100 customers coming across your scale a day when you have 40 30 all of a sudden those windows of opportunity are open and then if you if you’ve saved your money and put yourself in a position that when those times come now all of a sudden you can do some infrastructure projects you know like right now one of the big things we’re doing is we’re making
some kind of covered area for our car processing right well something we’ve been wanting to do we’ve set the iron aside we’ve we’ve had it in our in our thought process we need to get it done but we just haven’t had the people the Manpower the time well when you have a 100 200 Cars come into that one yard every month it’s hard to yeah you’re usually up the time yeah you know those are your smaller yards you just got these cars just pounding in I mean you’re just not going to have the time and the space to do it now we’re attacking those projects amongst other you know little you know infrastructure stuff that we’ve been needing to get done equipment maintenance also so I I don’t look at it as a bad thing do I want to stick around you know slow times for two years no I don’t need two years to get these projects no you know a few months yeah I’d be I’d be ideal but it does feel like it’s going to be slower for a while where do you think copper goes do you think let’s make
a bet man let’s make it back I’ve got a podcast coming out this week with John gross who’s the copper Guru right okay and he he who does not predict prices he goes I just read the charts I show people the charts he said this is how it shows this right he shares the data and he’s like you know them until it is the market is trending down like it is right now he’s like until it actually stops and turns up for a consistent period of time which we have not seen he goes the trend is down those which is kind of like counterintuitive because the inventory keeps coming down but he’s like until something tells me different he’s like the trend is still down what that means price wise he’s like I’m not you know I don’t think he’s going to sit there and commit or guess or whatever but it feels to him like unless something stabilizes out and starts to move back up he’s like I still feel like the trend is down I think it gets to 355 by Thanksgiving that’s a guess it’s 348 today okay 360. you take
that bet like for an hour it’s like it’s gonna bump 360. he just has to hit it will you go to 375 I’ll do a 363. if you go 370 I’ll take that bet all right I’ll do it I’ll do it 100 by Thanksgiving done deal okay 375. I got the low side this time all right well all right guys have a great week and uh see you next Monday thanks everybody