Market & Metals, Q3 2023 that old familiar feeling….
Despite prices on a downward trend, values are still higher than pre-pandemic levels and are reflective of prices seen in 2021.
Despite prices on a downward trend, values are still higher than pre-pandemic levels and are reflective of prices seen in 2021.
As previously discussed in the last Market & Metals post, we discussed the unknown impacts of the global pandemic and the difficulty forecasting into a wildly uncertain economic horizon. The roughly 20 drop that we observed at the beginning of the Pandemic in the U.S. has held relatively steady into May. Average scrap values fell