We have some mixed news to report this month regarding scrap metal prices. On the steel side, it appears prices will be going up both in December and January. We expect to raise our price at least $10 this month, and probably another $10 in January. We expect prices to come back down to the levels they are at now in February. Prices may stay up after the next two months though if bad winter weather causes a slow flow of scrap to the mills.
The news on Non-Ferrous prices is more negative. Both Aluminum and Stainless look like they will be dropping in value over the next few months. We would recommend selling these materials now if you have any piled up. We have not begun dropping these prices yet, but we will be forced to throughout the month.
Stay tuned to our blog and facebook page for price updates, and also our December holiday hours will be announced sometime next week.