Scrap: From Nuisance to Windfall

Markham, Dan
August 2006
Metal Center News;Aug2006, Vol. 46 Issue 9, p22
Trade Publication
The article focuses on the increasing prices of scrap, which affect service center attitudes, and approaches in handling waste materials, in the U.S. According to sources, the price of steel scrap has increased more than 300 percent, since early 2003, to a high of over $ 400 per ton for No. 1 bundles in 2004. Thus, processors are no longer sensible to ignore what has become a valuable asset, with mills from the Midwest to the Far East bidding up scrap prices to such new heights. INSET: Risk of Theft Rises Along with Scrap's Value.


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