[SEL] possibly OT scrap prices

Jim O'Hagan jdohagan at comcast.net
Tue Sep 30 14:57:45 PDT 2008


Lew, China controls the prices. If they hiccup We go in the dumper!

Jim O'Hagan
-----Original Message-----
From: sel-bounces at lists.stationary-engine.com
[mailto:sel-bounces at lists.stationary-engine.com] On Behalf Of Lew Best
Sent: Tuesday, September 30, 2008 2:36 PM
To: At at Lists. Antique-Tractor. Com; SEL
Subject: [SEL] possibly OT scrap prices

Hey guys
 
Anyone checked scrap prices lately?  I hauled some aluminum, copper,
etc. today & they were down sharply.  I got a price list & the last tin
I hauled a coupla months ago brought 8.50 (had been as high as 11 but
dropped & pretty well stabilized round 8-9 per hundred weight); today 4
bux!  Copper had been over 3 bux a pound; today 2.50.  I asked the lady
when they started dropping & she said today.  Guess it's due to the
bailout mess hanging in the fire right now?  Hope I'm not making a
mistake but not gonna haul any more for a while & see if it goes up or
down.
 
Lew near Waco, TX
 
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