COVID THE YEAR AND THIS CRAZY MARKET

Firstly I want to thank all of our staff and customers for working with us during this difficult time. I think back to last year at this time and everyone was truly scared of Armageddon. The news was showing images of Italy and the devastation of Covid 19. Scrap prices were hitting decade lows and the streets were empty.

Unfortunately Covid remains a threat and continues to inflict damage across the globe. We thank our customers and staff for wearing a mask and practicing social distancing when on site. Please work with us to ensure everyone feels safe. As a family business we don’t want any of our staff or their families or customers and their families to get sick, so please practice distancing while on site.

Fast forward a year and so much has changed in the commodity markets. The markets have turned like it’s 2006, finished steel is at records, copper is hovering at a 8 year high, aluminum which hasn’t moved for years shot up like catapult. Anyone in the business knows these are the good times to scrap. Top dollar for all metals. Its spring and prices are stronger than they have been in 8 years so you are cashing in at a good time. Put on your mask your hard boots and smile and turn that junk into Cash. Canada Iron is there in the good and bad times but just like our customers we love high commodity price$.

Nobody knows what the future holds but seems this commodity bull market is here to stay (at least for a few months). Spring cleaning is more than just cleaning it is away to recycle your old materials, while making money.

All the best to the Canada Iron scrap community stay healthy, you cant make $$ if your sick!