I’m noticing that quite a number of you are coming to The Tinbasher for information on scrap metal prices. It just so happens that I’ve come across this Scrap Price Index which has a table of prices since 1999 and also a graph.
It’s a European indicator, so I apologise to our American contingent in advance.
The rest of the Eurofer site is a pretty useful resource too, with a steel dictionary and a European steel map, to name but a couple of things.
And all you people who are looking for scrap metal prices are in relatively good company. Apparently, Alan Greenspan, the Chairman of the U.S. Federal Reserve, regards it as one of his favourite indicators.
Either that, or he’s got a couple of spare tonnes at the bottom of his garden.
I know I do.