Don't panic if scrap prices go down somewhat, either. The important factor is the relative value factor. For instance - How much gas will that ton of iron buy now. You may be getter fewer dollars but more "gas per ton" than at the higher scrap price. Speculation isn't necessarily good or bad. Learn to read the market and make your best guess.
Along with what olddude said, find a way to be different from the others. Stand out. Make yourself known. If you just follow the crowd, nobody will tell you from all the other scrap dealers (good and bad) out there.
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