Results 1 to 2 of 2

global impact of corona of scrap metal

| General - Let's talk business
  1. #1
    MetalPhil started this thread.
    MetalPhil's Avatar
    SMF Badges of Honor

    Member since
    Mar 2020
    Location
    Boston
    Posts
    55
    Thanks
    10
    Thanked 19 Times in 13 Posts

    global impact of corona of scrap metal

    We all worry about this, so. This is a good & current writeup about the impact of corona on the scap metal world. In particular, it sums up:
    In the US, the situation varies from state to state. The most populous of these, California, has shut down all non-essential industries but scrap recycling is considered to be essential as it is an important link in the supply chain. However, business is very slow; it is possible to buy and to sell but exporting is very tough, with no availability of containers.
    In Europe, Italy is closing down smelters as part of its bid to control the pandemic by shutting all non-essential companies. Owing to a shortage of workers in France, most small to medium-sized businesses are closed. Large enterprises are partially open, with only 40% of yards in operation. While there is no more retail business, they are being supplied by those production plants still in operation. However, there is a question over how long this will continue.
    In the UK, following an announcement on the evening of March 23, people in the UK have been told not to leave their homes other than for essential reasons such as food shopping. Scrap has been included in the category of critical industries and large merchants saw a flurry of activity last week, mainly as a result of their smaller counterparts wanting to turn stock into money. Some merchants have closed their doors.



    More is said in there about other regions.

  2. The Following User Says Thank You to MetalPhil for This Post:



  3. #2
    kss's Avatar
    SMF Badges of Honor


    Member since
    May 2019
    Location
    PA
    Posts
    839
    Thanks
    465
    Thanked 715 Times in 403 Posts
    Everything is going to be fine.


  4. Similar threads on the Scrap Metal Forum

    1. Corona Virus Flu
      By t00nces2 in forum Off Topic Discussions
      Replies: 91
      Last Post: 03-16-2023, 01:35 AM
    2. Corona Affecting Scrap Business?
      By MetalPhil in forum Off Topic Discussions
      Replies: 26
      Last Post: 04-20-2020, 09:24 AM
    3. New technologies for recovering PCB Components & how they may impact us
      By curlzcopper in forum General Electronics Recycling
      Replies: 2
      Last Post: 11-07-2012, 02:54 PM
    4. Snap-on CT7850 1/2" Drive 18V Lithium Cordless Impact Wrench
      By rtk88 in forum Tools and Equipment
      Replies: 21
      Last Post: 04-17-2012, 09:21 PM

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

 
Browse the Most Recent Threads
On SMF In THIS CATEGORY.





OR

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

The Scrap Metal Forum

    The Scrap Metal Forum is the #1 scrap metal recycling community in the world. Here we talk about the scrap metal business, making money, where we connect with other scrappers, scrap yards and more.

SMF on Facebook and Twitter

Twitter Facebook