Steel Scrap prices are collapsing, did you cash in big?.

Steel Scrap prices are collapsing, did you cash in big?.

If you had read and acted on our July 12th blog you would have made out very well. Within the next two weeks had you sold your scrap steel as we had advised then you would have made your company 27% more on the steel scrap you sold than you would than you would if you sold today.



On July 12th we advised you on our blog site to sell your scrap steel right away. We said then that “Now is a great time to sell your excess metal scrap. Steel scrap composite prices is $248.75 per ton based on number one heavy melting steel in Pittsburg and Chicago. Steel scrap is selling for more money per ton than any time in history for a summer month”.



Our advise was that you must sell you scrap now. Within five weeks of that July 12th date the price of steel scrap crashed 27 percent to $195.83 per ton. On a $100,000 sale of scrap you would have reaped a huge $27,000 more on the sale than had you waited until this week to sell. Keep reading this site for more big money making and money saving ideas.