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Crazy times in the scrap industry

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    PistoneScrapProcessing started this thread.
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    Crazy times in the scrap industry

    I feel like we should have this discussion after reading about yard after yard idling or closing operations with the market in the crapper. Here's an interesting article. I am in the STL market and some of the news I have heard is crazy. Azcon scrap in Alton hasn't run their shredder at all this year. they installed it new in 2009. I asked one of their drivers the other day when are they gonna run it again and what did they do stop buying feedstock for it. He laughed and said nope. We are running all of our feedstock to our competition grossman iron and metal. They are shredding it then they are picking the frag back up and hauling it back to Alton il. It's 20 miles from Alton to grossman in saint Louis. I was left scratching my head. They are competitors. I had more questions but the driver didn't know the answers. What price per lb are they charging to shred the material? Do they have their own pile so their material isn't mixed with grossmans? Are they getting the fluff back to run thru their downstream operations and recovering the non-ferrous? I just figured I would throw this out because I was confused and by confused it was a mindf*ck to me. I also talked to the owner of the yard I contract at. They don't own a shredder and they ship all their shred out of state. PSC metals called them at the beginning of August to try to sell them shred. They own a shredder. WTF is going on with the saint Louis shred/frag market. PSC metals must be on their death bed. How are u gonna call your competitor who's been crushing you and stealing your customers to sell them shred you just lost 25 bucks a ton on? I included an article on azcons Pittsburgh yard in this. Keep in mind PSC and azcon are both in the top ten of scrapyards by ferrous material handled in a year. Anyone have huge yards idled or anything crazy like this happening in your market?????



    Riverfront 47 LP buys major tract of land that stretches from Sharpsburg, Aspinwall and O'Hara - Pittsburgh Business Times

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