[SEL] possibly OT scrap prices

[Lew Best]

Here's a bit of interesting info on new copper; scrap seems to follow a
similar pattern tho it seems.

http://www.mineweb.net/mineweb/view/mineweb/en/page504?oid=63489&sn=Deta
il 

Be interesting to see what happens once congress decides to do with the
bailout.

Lew
 

-----Original Message-----
 
We were told by our dealers in late august that the price was going to
drop
by Sept because China was going to stop buying. They had been driving
the
market on the west coast.

Jim O'Hagan