[TheForge] Scrap steel prices

[James Binnion]

Virtually every commodity price was highly inflated by the economic  
distortions of the past couple of bubbles. Now that some form of  
reality is setting back in  the prices are beginning to return to  
something closer to their true value ( what it actually costs to  
produce them)

Jim

On Oct 27, 2008, at 12:30 PM, Ron Childers wrote:

>
>
>
> I just sent several tons of heavy scrap to the salvage yard- Useless  
> stuff
> like cutting drops and old parts- nothing useable. Prices are way  
> down from
> just a couple of weeks ago. Also took a hit on 660# of aluminum and  
> copper
> was really low. Anybody know why? A few months ago the copper fascia  
> was
> stolen off the building across the alley and all of a friend's  
> welding leads
> were stolen out of his shop. Prices were high enough to take the  
> risk. Maybe
> now is the time to buy rather than sell.
>
> Ron C
>
>
> To: Blacksmithing List Sponsored by ABANA
> Subject: Forge dead? was Re: [TheForge] Weathering steel
>
> The traffic here is running apace with that on other lists.
> Artmetal is the exception, largely because of the political  
> discussions.
>
> I think most folks just have their minds stuck in other portions of
> their lives right now.
> We should be back shortly.
> Hope everything is well.
>
> Mike Graf
>
>
>
>
>
>
>
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James Binnion
jbin at well.com