Scrap Prices North America
September 28, 2017
Don’t Expect a Surge of Scrap from the Storms
Written by Tim Triplett
Hurricanes Harvey and Irma were devastating for the many Americans still struggling to recover from the damage. But for the scrap metal market, contrary to common belief, the storms will be a mere blip.
“Everyone’s immediate reaction to Harvey is, ‘Oh, there will be so much scrap coming out of Houston, prices will drop.’ The reality, however, is quite different,” said Nathan Fruchter, CEO of Idoru Trading Co., a scrap trader and recycling consultant.
