check the price per month over past 3 years if you can - might find cyclic highs and the low is about this time of year. Implication is a main customer for scrap- China- is not buying now since the Chinese New Year is approaching and manufacturing is basicly shut down for a month or so then- so scrap is piled up and money used to buy it is not getting a return. Figure shipping time at couple weeks to a month- don't buy any scrap couple months before New years and the scrap in shipping line gets used mostly by shutdown, money gets a return. Buy some more scrap at new years, shipping time means the scrap needed for steel mill start of production run for manufacturing demand arrives just in time and money gets return with profit. Aluminum cans have a more steady 'local' market instead of main overseas customer, more of a level price structure. RN.
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Today's Featured Article - An AC Model M Crawler - by Anthony West. Neil Atkins is a man in his late thirties, a mild and patient character who talks fondly of his farming heritage. He farms around a hundred and fifty acres of arable land, in a village called Southam, located just outside Leamington Spa in Warwickshire. The soil is a rich dark brown and is well looked after. unlike some areas in the midlands it is also fairly flat, broken only by hedgerows and the occasional valley and brook. A copse of wildbreaking silver birch and oak trees surround the top si
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