Green Parts International Inc (fka GNPT)

[Lifetime]

The scrap/ steel industry has been taken to the woodshed since the huge drop in scrap price in February.

Nobody... I mean nobody in these industries has made a bunch of money in 2015. In fact, very few can break even at the the present operating levels (50% or lower for the first half of the year). Scrap yards big and small are going out of business.

In short, it is as bad or worse than 2009 in the these industries.

Just some food for thought about the steel/ scrap business...