Aluminum Deficit Decreases as 2017 Ends
Does your organization or business have an excess amount of aluminum hanging out your facility? You may want to consider contacting Second Street Iron & Metal today to scrap your metal. Although the scrap metal markets have gone through an aluminum shortage recently, the deficit is getting smaller and smaller as 2017 progresses.
According to scrapmonster.com, one of the industry leaders in scrap metal news & markets, the production of aluminum has surged much higher than expected so far in 2017, and the deficit is decreasing. This could mean that the price of aluminum scrap metal could decrease due to market demand as we close out 2018.
Although the deficit for aluminum has decreased thus far in 2017, demand is up by over 1.8 million tons year over year. All in all, this is a great time of year to be scraping metal. For individuals, its perfect timing to get some cash for the holidays, for larger organizations with aluminum they are looking to discard, this could be the best time left in the year to scrap your aluminum.
Second Street Iron & Metal provides dumpsters for businesses that may have large amounts of aluminum they are looking to get rid of. To learn more about this service, click here.
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