Most indicators of steel price fluctuations come from the markets. But indicators also come from the street.
Case in point: scrap.
Recent increases in scrap metals prices, particularly in metals like copper, have resulted in higher prices. And, in some cases, a rise in theft. Thieves have been targeting old and vacant buildings for their copper wiring and pipes. With scrap prices on the rise, they’ve been hot targets.
Here’s an article with examples and details.
As always, we stay on top of all indicators to make sure you can always buy competitively.
