I went to my yard where I recycle my steel and I ask them if prices have gone up any. The cashier told me that they had a conference and in the conference they said the prices for steel were going to stay around the same price for 2-5 years! Now that is quite some time to forecast ahead but, it seems to me that this company (this company has many yards in many states) is anticipating an economic slow down. I currently get $85/gross ton for #1 HMS. Looks like things look a little better in other parts of the USA but, here in CA. things arent too good for steel. I charge for all steel now so, any steel I get I just consider it gas money.
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