cars/shred still at 140... predictions?

Originally Posted by sledge42

We just dropped $10 a ton here. Currently sitting at $220 at my best yard per ton. Fall is coming, winter may be bad- depends on mill orders. Last winter we dropped as low as $140 a ton- basically a $100/ton drop from its spring/summer peaks.
Remember that 4th quarter mill orders will hit at the end of September, if demand is strong- prices will reflect it- if the mills cancel orders (as they did in 2012) Steel rate will once again go into the crapper!

Well lets hope demand is strong! Lol