Steel down 35% this week

Wow! I wish prices were that good here. I called the yard in Sioux Falls yesterday and they said they were paying $90/ton for tin/shred. I took a load in this morning and they had dropped their price down to just $60/ton overnight. That hurt. They are the closest yard to me and it is a 50 mile drive. It barely paid for the gas.

the local yards in Southern Maryland are parked at 100 ton and the rumor is dropping again this week to somewhere between 80 to 90.
Just sitting on steel trying to get caught up with processing.
Lots of stuff to breakdown and we'll see where scrap is headed to. Maybe I'll be able to pick up a sweet used wire stripper as everyone is bailing. Well except for a couple of local guys who are still paying big prices for stuff to scrap.