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cars/shred still at 140... predictions?

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  1. 09-12-2013, 10:39 AM #9
    jord0690
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    Quote Originally Posted by sledge42 View Post
    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

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