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I was at a prominent salvage yard today in upstate New york area and too my astonishment it was rather busy. I asked the lady in the office why the uptick in traffic . She said local auto mechanics had heard of a steep decline in steel prices were on its way and they were unloading their scrap. Now if this country was in a recovery dont you think steel demand would accelerate.. Not a good sign
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Steel prices expected to tumble
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sumofeln
Online Now
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Not rated | 7-Nov-09 01:25 am | ||
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if this is the way you shorts are predicting the f...
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gmrrc | Rate it | 7-Nov-09 09:22 am | ||
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What the f--k does this have to do with short...
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sumofeln
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Rate it | 7-Nov-09 10:38 am | ||
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Keep posting. I appreciate the anecdota...
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diego004@sb... | Rate it | 7-Nov-09 04:21 pm | ||
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If you believe the Elliot Wave theo...
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weldonwilli... | Rate it | 7-Nov-09 09:43 pm | ||
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I think they will crash as well....The cars from t...
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downtime37 | Rate it | 8-Nov-09 09:08 pm |
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