all right welcome it is officially november how you doing brett i’m doing good man yourself doing awesome man we had a great halloween at our home and but i’m ready to get this week kicked off dude what a crazy yeah my oldest boy turned 12 on saturday and then halloween yesterday so it was uh an eventful weekend at the eckhart’s house awesome manhattan’s everywhere i love it that’s that’s they don’t remember some of that stuff forever yeah it’s good man it’s just crazy to think how how time time flies i remember braxton when we did the grand opening at this facility him being just a baby and yeah the whole scissor cutting we still have that poster put together and i see him like every time i walk in a copy room yeah he’s right there and he’s and i remember so that’s that just kind of tolerates me think about like that’s kind of my benchmark for this boise facility really yeah yeah he literally i think he’s taller than me now yeah but i’m short you know so it’s not that crazy but that kid is growing like a weed he
is mad he is all right well you had a cool podcast last week i did man i did with uh chad ellerbrock that guy is you know he brought the idea to me so i can’t even take credit but it’s i mean you know every every month these these negotiations happen right between the scrap suppliers and the the scrap consumers whether it’s a shredder facility or a steel mill or an export facility so like we just kind of got together and presented from our standpoint the bowl case and the barricades bowl bean why the market should be up significantly this month the bear case you know what’s kind of pouring some cold water on what we anticipate to be a a pretty good up up movement this month that’s a cool idea i’m excited to see that come through every every month oh yeah do you think um but you still are real confident in this month very well i feel it’s going to be strong i feel like you know the uh the steel mills are going to have to you know pay a decent price you know especially over here on this
end because the export market is kind of heating up a little bit but also my biggest probably my biggest bowl case really for uh you know anything is the most scrap recyclers have had a pretty good year this year so it’s not going to kill them to sit on some inventory right like if it was a pretty up and down year like then yeah they need cash flow they’re gonna have to sell or they need space or whatever the case may be a the the scrap flow isn’t like crazy it’s not like overwhelming most facilities at this point uh and b you know they’ve had decent years so for them to sit on some some material and just see how this next two months shake out i feel like it’s going to take a pretty good number to draw that material off the sideline you know um to get people to book that profit and book that material going into the end of the year um and basically recognize recognize that gain so we’ll hopefully we see some good up numbers i mean i’ve been telling our customers you know that’s what we anticipate
but we never know until we until it happens you know because we’ve seen that we’ve we’ve kind of got screwed ourselves before we’re like oh we know it’s gonna be up you know i’ll pay you this and then it’s like nope sideways and we’re like yeah you just gotta live with it but um but we saw a copper cool off we saw aluminum cool off um yeah non-ferrous wise it was kind of they took some gas out of it last week or two really but overall it’s really strong still you know um it’s just do you know why what do you have an opinion on why copper cooled so quickly well i think it’s like any people trade momentum and that was kind of the hot deal there for a while and you know people were you know really diving into the you know low inventories on the in the comex warehouse and well you know depending on the demand situation you know everything getting electrified and this and that i mean really i think it was a matter of like that was the hot trade it got pushed real hard real quick
and then in china and so people came out to the gas out of it well i think the general consensus is that that’s a great long-term trade i think we’re going to have some bumps in the road you know it’s going to be some ups and some downs but generally speaking copper as a as a metal in the next five to 20 years is gonna be absolutely humongous just because if you want to electrify everything you need two metals you gotta have copper and a certain amount you gotta have silver which we don’t talk a lot about on this show is not an area that we deal with much but copper for sure is going to be humongous um and that’s one of the reasons why we’ve invested so heavily in in copper as a metal whether it’s processing through our wire choppers or you know going out and getting it i mean we feel like that’s kind of one of the metals of the future absolutely well next week we’ll have some answers on ferris and we’ll let everyone know what all the base metals do yes sir thank you have a
great week everybody