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what happened to steel prices...?

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    DakotaRog started this thread.
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    what happened to steel prices...?

    I haven't really taken in anything in for about 6 months and none of my mini van loads of light steel since last fall. Most of last year, at least summer and early fall, the sole steel yard in my metro was doing about $75-80 a ton. I called about 10 days ago and nearly fell off my chair when the guy said $20 a ton!! Wow, about a 75% drop in 7 1/2 months. What gives...? At that price, I'll be reorganizing what little steel I have and waiting for a better price.


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