Scrap Prices North America
December 12, 2019
Abrams: Ferrous Scrap Outlook "Better" in 2020
Written by Tim Triplett
What’s ahead for the scrap market in 2020? Ben Abrams, president and CEO of Consolidated Scrap Resources, Inc., in York, Pa., offers the following prognostication:
It’s always difficult to predict what will happen to ferrous scrap prices even a few months ahead of time, let alone for the full year, because the ferrous market is so influenced by outside macro factors, and the industry itself is fragmented and opaque. But we can highlight a handful of factors that will impact markets in the coming months.
