Service Centers
August 21, 2018
Distributors Report a Brief Lull in Secondary Sales
Written by Tim Triplett
Distributors of secondary steel report generally positive market conditions, though the nonprime sector has experienced a bit of a lull in recent weeks. Secondary steel is nonprime or excess material that did not meet the specifications for its original intended use, but is acceptable to other buyers for other applications.
The spot market on nonprime material has been very sluggish, said Greg Gross, president of Affinity Metals, Bedford Park, Ill. “People are buying what they need, nothing more.”
