How many months can I find different ways to say the same thing?
It appears steel may have held its own this month but all non ferrous scrap metal grades are weakening due to traditional seasonal lack of demand and stock market losses. This on top of this years trend of - lack of demand and dramatic stock market losses!
With only a few weeks of industrial activity left in the year markets appear to have been cut adrift and are slowly trailing off.
We stress it every year; if you are planning to visit us before Christmas please do so as soon as possible as prices will only get lower towards the holiday period.
Unless you are saving material as a long term investment our advise is to sell now as the outlook across the board looks grim for the next few months at least.