Industry veteran sees tough times for scrap

Oct 30, 2013 | 05:38 PM | Lisa Gordon

Tags  recycling industry, ferrous scrap, scrap exports, Jack Stutz, SA Recycling, outlook, auto shredders, Lisa Gordon

CHICAGO — The scrap metal industry has changed dramatically and players need to realize that today’s conditions are here to stay, a 50-year industry veteran sized up the competitive landscape for recyclers.

"It is a completely different industry today than it was as little as 10 years ago," Jack Stutz, chief operating officer of Orange, Calif.-based SA Recycling LLC, told an audience gathered at AMM’s Steel Scrap Conference in Chicago. "We have been slow to accept the new intake as the new norm." he added.....

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