Take a listen as Brett and Nick discuss the ever changing Metals Markets… In this episode they believe that Ferrous (Iron) Scrap will be coming down in April… Nickel and Lead have both had a downward trend the last few weeks, while Aluminum and Copper are holding strong.
We have a special guest Eddie Orensten from Alliance Steel on discussing if we’re in a super cycle or if things will go back down. Take a listen and share with your friends.
March Ferrous is officially set and we almost got back what was taken away in February. Nickel has been getting adjusted down and it feels like Copper has hit its new bottom. Stay tuned every week to see our newest updates.
Copper has cooled off, however the non-ferrous markets continue to be strong especially nickel. PGM’s adjusted down on Friday but have been recovering this Monday. Ferrous scrap pricing is expected to be up this March and we will know how much on the next Metal Monday.
Last Monday in February and things are still going crazy. Brett and Nick anticipate ferrous markets to be up in March and they discuss how sometimes when markets go up this fast sometimes it doesn’t translate to up pricing immediately. Remember don’t celebrate your wins to much and don’t dwell on your losses for too long.
Stay Scrappy
Nick and Brett discuss this week’s wild weather and how extreme weather affects scrap flow. Make sure to stay tuned to Metal Monday for our outlook on scrap pricing!
Brett and Nick discuss what makes Tom Brady great and how that consistency can be relative in any industry. The base metals are continuing to go up and as expected ferrous markets went down 30-60 a net ton. Make to follow us to keep up to date on all our videos.
We are already into the second month of 2021 and it sounds like our ferrous markets will be going down. However the base metals (copper, aluminum & stainless) are holding strong and our precious metals are starting to take off (platinum, palladium, rhodium, gold and especially silver) Take a listen and make sure to subscribe so you never miss an episode.
Check out Nick and Brett as they discuss their weekends and how the ferrous, non ferrous and PGM markets are doing.
Half way through January and we continue to believe copper can reach the $3.80 mark…. Early report on Iron are sideways to down slightly for February. Make sure to like our post and follow us for more updates.