The scrap metal market took a serious tumble in the first half of 2015, and is expected to fall even more by the year's end. While there are many factors to consider when looking at an industrial deal, such as the location and value of the real estate, the amount of equipment, the quality of the inventory, there remains one area that is arguably just as important: scrap metals.
Posted: 8/13/2015 11:27:42 AM by Grace Tsai
Five years ago, the scrap metal market was robust, and it seemed like investors in the metals market were geniuses. Whether it was copper, aluminum, or stainless steel, prices were high all around, and so was demand. The market was in such a bonanza that scrappers were buying stainless steel tanks at the same prices as end users. But the good times could only last so long, and several years ago, the market began to sour. Prices on all metals have steadily decreased as demand for such metals lags.
Posted: 8/13/2015 11:21:27 AM by Grace Tsai
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