
Originally Posted by
Patriot76
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.
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