I don't think so. As a matter of fact I am surprised metals didn't take more of a hit. The Dow dropped 500 points on fears the world economy is slowing, and if true the demand for scrap will fall. Looks like a double dip recession is in the works. Look at silver today. Took a $3 hit because of fears there will be no money to buy silver. No money to buy silver means no money to buy scrap.