Originally Posted by
hills
I cashed out all of my copper and most of the brass before it dropped. Took about a $ 150.00 loss on the last bit of brass due to the price drop. The drop seemed to coincide with Mr.Trump announcing a 90 day postponement of the tariffs. It's hard to say what the future might hold. The tariffs might be a good thing for us if they do eventually go into effect.
I'm back in scrapping & stockpiling mode again. No more selling for awhile. It might be for years if the economy goes into recession and prices drop.
I took a huge hit on my copper and brass. probably lost over $300 on mine but oh well, its happened before. Copper is going back up but no one is raising there prices and i dont blame them.
One thing about the tariffs is, i hope prices actually drop back to around 100/ton for steel. I got way, way, way too much competition in my area. need some to drop out of the game. I swear its been years since the cord cutters have been around, and now seems they are back.
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