So, will trading in steel scrap futures really present long-term protection from price fluctuation risk? Haven’t the recent large swings in oil prices been tied at least partially to the trading of oil futures? Call me naive or whatever you want  – from my vantage point, it seems like just another opportunity for a few to get rich at the peril of many others, including adding additional risk to our economy. What are your thoughts on this?

Tags: economy, steel scrap

This entry was posted on Monday, June 29th, 2009 at 4:00 pm and is filed under Steel, news, scrap iron. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.