Final Thoughts

July 1, 2019
Final Thoughts
Written by John Packard
A note this morning from one of my scrap friends: “Btw, we are not getting too excited just yet, the scrap market is clearly beginning to bottom a bit. Should strengthen a little in August.”
I am getting mixed messages on lead times, but I think the consensus is lead times have moved out and in some products (not named hot rolled) they have moved out more than one week.


