Falling fast: Can the market survive the storm of uncertainty this fall?

Week after week we post that the recycled metals market is most likely facing a tough period ahead. Well, this week is no exception. As we move into fall there is a lot of uncertainty and downward pressure on prices. The steel market’s underperformance has had a ripple effect, dragging down ferrous scrap prices with it, as it continues to remain weak.

Hopes for stabilization or even a slight recovery is fading as more market participants expect further declines in September.