A wild year for scrap prices
Oct 31, 2012 | 07:00 PM
| John Ambrosia
What a difference a year makes. At AMMs fifth annual Steel Scrap Conference in Chicago in November last year, much of the talk was about the remarkable run of stability the market had seen during 2011 up until then.
The past 10 months have been a sea of tranquility in terms of pricing, Allan Goldstein, president and chief executive officer of AMG Resources Corp., Pittsburgh, told conference attendees. However, it changed this month and scrap took a tumble. It is always easier to analyze it after the fact, and I believe it is a sharp dip in export demand. November was the first month last year to experience....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.