Since this is my subject matter, I thought I would jump in. Your question had me back searching old messages from one of my contacts. I eventually found it.
My contact jokingly said- "If the wwrol ever happens Ill secure the nearest scrap
yard and value village (a second hand store chain) and be king of the world..."
That said, You may want to reconsider the scrap part. I'll cut and paste from the same person- "Yep, prices are great (for the buyer) in fact steel has fallen to the floor, in talking with the guys (at the scrap yard) its the slowest they have seen in 20+ years, 2,3 years ago they were shipping out steel to china and korea as fast as they could, now nothing......no demand, the only metal that's still relatively expensive is stainless.... Last fall I was buying 2.5 inch to 3 inch diameter pipe ( used) 1/8 to 1/4 inch wall cheaper than I could buy pressure treated
wood fence posts...In fact I wound up cutting a bunch into
fence post lengths and reselling it out in the country to farmers for a little more than they would pay for pressure treated posts, pocketed some easy coin....and steel fence posts are so much easier to pound in."
So, its good for the buyer but not for the seller. Recent high prices in metals came from the HUGE economic expansion in China. That has now stopped...and the entire world is now in economic contraction because of this. Right now, we are in the middle of a Commodities Crash....leading to Deflation (lower prices due to lack of demand). Remember this new word, "Demand Distruction".
I'll ad more later.