Chat & Social > The Bar - General Chat

Scrap Metal

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JIMBOBLY:
hmm,sorry to tell you,but scrap in the last 2 weeks has dropped quite a bit,and is gonna get worse,chinese have stopped buying it now i think.

Range Rover Blues:
It always fall at the end of the summer anyway.

Saffy:

--- Quote from: Range Rover Blues on May 04, 2010, 13:15:09 ---It always fall at the end of the summer anyway.

--- End quote ---

Why would that be?

Range Rover Blues:
My mates always say it's when the local dealers "shut down" for the summer.  Demand always seems to slow and scrap dealers stockpile a bit too.  It always falls around the school holidays if not before :-k

LiftedDisco:
... and yet only this morning we got a notification that the cost of new steel is going UP by £80 per tonne in June!

Thank you Corus... they reckon it's something to do with the price of iron ore but a more cynical man may suggest that they have kept the supply down so that they can (artificially) keep price momentum going...

Not bitter, but I have a project lining up that will need around 460 tonnes...  :evil:

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