cornavirus and scrap metal prices?

Originally Posted by MetalPhil

Any predictions as to how much corona is going to affect scrap metal prices?

(It's a serious question. Within just the first 2 weeks of the outbreak of the coronavirus in China, the copper market dropped $0.25 per pound, a blow to all scrappers feeds. Corona is shaking many markets and the metal markets are no exception.)

I think it will be a big, hungry bear for 3-5 weeks... then hopefully a wild bull.... need to edit my comments... I meant 3-5 MONTHS not weeks.... "Meh".