Scrap markets short on supply: exec

Oct 09, 2013 | 02:52 PM | Michael Cowden

Tags  North American scrap, scrap supply, Scepter, Garney B. Scott, Aluminum Association, Michael Cowden

FARMINGTON, Pa. — North American scrap markets are "very, very tight" as large inventories of scrap have dried up, according to one industry executive.

"Fields of scrapped cars have already been crushed and shredded, buildings have been dismantled and shredded and recycled, and companies that generate scrap as part of their manufacturing process have become efficient," said Garney B. Scott, president of Scepter Inc., a Waverly, Tenn., secondary aluminum recycling....

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