Results 1 to 20 of 22

Trump Presidency/Scrap Prices

| Off Topic Discussions

Threaded View

  1. #14
    Scrappah is offline Metal Recycling Entrepreneur
    Scrappah's Avatar
    SMF Badges of Honor



    Member since
    Jun 2014
    Posts
    1,056
    Thanks
    318
    Thanked 1,416 Times in 674 Posts
    Quote Originally Posted by Patriot76 View Post
    First to answer the question, I believe scrap prices will increase but not to the artificial level they were a couple of years ago. Part of this will be caused by supply and demand and some based on rebuilding the infrastructure. Conflict in the Middle East may also have an impact. I think Trump has some lofty goals, but the reality of politics will slow down his timeline. Future foreign policy may cripple both China and India and put the brakes on global demand for scrap. Therefore I believe the increase in prices will be natural and not the result of leadership in the Oval Office. The demand will come from within the U.S. Just an opinion.
    I'm wondering what it would look like if we got into a conflict with the Chinese.

    Maybe a proxy war like Korea where China was backing the North Korean communists and we were backing the Democratic South Koreans ? Vietnam was another one of our proxy wars with the Chinese.

    I would really look into what's been going on in the South China Sea. It's a complicated situation that hasn't getting very much news coverage here in the states.
    Trump Expected to Take Tough but Brief Action in South China Sea

    Can you imagine ? We get into some kind of war with the Chinese. That cuts off all of the Chinese manufactured goods being imported into the U.S. That cuts off all of our exports to China.

    That would be a real game changer for our scrap market.


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


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