
Originally Posted by
logansryche
I can't accept any but if you only want 6.5 cents, I might buy the house behind me and convert it into a yard. That's delivered, right? I go through Solvay for everything metal as that's what's closest to me, so my information is based off their yard. If Solvay gives 202 a ton for mixed and Albany doesn't, there's a reason and since neither of us know what that reason is, it's all speculation.
My statement remains. If you're so sure of yourself, how is it then that he's able to purchase several smaller yards, rebrand them Ben Weitsman and churn a major profit? By your chart that shouldn't be possible. But then again your chart's made up of averages pulled from serveral sources and is out of date. When you're as big a company as him, you can manipulate the market a bit by dictating the import/export rates: thus having a monopoly. It's why when Roth Steel closed up, his business increased. It's also why when he announced he'd taken a major stake in Metallico, people started paying attention.
In its hay day look at this...
Solvay scrap yard pays out more than $400,000 in one day | syracuse.com lots of scrap for sure!
Bookmarks