Dan Sahd:
Hey, I’m Dan Sahd with Sahd Metal Recycling. I have Aileen Romich, our customer service rep, with us. We lean on Aileen for doing a ton of things with our customers, and one of the most important things she does is every month, and today we just did this, correct? What happens generally in the steel market, the American metal market fast markets are updated once a month. So steel pricing gets set from the mills, what they’re going to pay. And then that filters down to us, and then to all of our categories for our customers. Each steel, as you know, in your shop has a different value based on, you’re buying it for a price based on an alloy. And we have to resell it to the mills and the foundries to meld it down. So those things all have categories. Same thing with nonferrous metals, aluminum, nickel, and copper. Those are based on daily pickups. So once a month, Aileen is at her keyboard sending out information. And what happens when you send out these upfront metal prices? What does that give our customers?
Aileen: It really just gives them a handle on what values their metals worth that month. It gives them the power of, oh, this month is down so I’m going to hold my metal. Oh, this month prices are good, so let’s sell it. Let’s get rid of it, swap out our containers. It just gives the power to our customers to maximize the value when selling metal.
Dan: Absolutely, and what we believe in is transparency. I think that’s really one of the most important things is we want to be upfront, give you everything. You have the decision making, as you just said, to determine when that gets sold, when it doesn’t, if you have the ability to hold it, and that becomes what’s important. So what we do is we give you the tools. So we will give you the information from the American metal market. Or as I said, access to Kitco Metals, which can have a daily, you can daily see what your copper, nickel and aluminum is worth on a daily basis. So it really gives a lot of the power back to the customer and that’s kind of what we’re all about. So it’s just an extension of, on our website, we have our regular price sheet for customers bringing in metal. It’s an extension of that, giving you the power and the control and the information to make the most important decision to maximize the value of your metal. So, that’s what we have to offer, and until next month when we have her at her keyboard. Thanks guys.
