It’s that time again

Apr 20, 2009 | 12:17 PM |

At least once a year, and always in step with the Institute of Scrap Recycling Industries' annual convention and exposition, AMM takes a close look at the financial ups and downs, major themes, high-profile players, companies and events that have made their mark—good or bad—on the ferrous and nonferrous scrap industries over the preceding 12 months.

What a year it's been, particularly in ferrous. Fairy-tale-high to horror-tale-low prices prevailed in a roller-coaster market that took a death-defying dive in the final quarter of last year. ....





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What is causing the most weakness to the U.S. metals industry?

Imports
Stagnant non-residential construction demand
Sequestration and government cuts
Global uncertainty, particularly in Europe
Too many suppliers chasing too few orders


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