A scrap metal car buyer may have to wait a little longer to buy his or her car.
The U.S. scrap metal industry is still experiencing its slowest rate of growth since the recession in 2008, and that is likely to worsen.
In the past year, scrap metal has been hit hard by the scrapping of steel, and the industry is hoping to turn the tide.
The National Transportation Safety Board (NTSB) has found that the U.s. scrap car market is at a critical point.
The scrap car industry employs about 14,000 people and is estimated to be worth $2.8 billion, according to a study by the National Mining Association (NMA).
“The scrap metal market is on the verge of the tipping point, if we’re lucky,” said Chris Anderson, NMA president.
“If you can’t sell your scrap car, you have to find a way to sell your steel car.”
The NMA said the NMA is looking to sell the scrap metal in the scrap car and steel car categories, which are also the most popular with car buyers.
The NMA will try to sell some of its scrap car cars at a low price, but it’s unclear how many.
Anderson said scrap metal dealers are not ready to sell scrap metal at these low prices.
He said the current market conditions will likely push some of them out of business.
“The industry is going through a very difficult time right now, and they’re not able to make the investment they need to make to get through this period,” Anderson said.
There are some silver linings to this scrap car crash.
There have been a few recent moves to boost the scrap production of scrap metal.
A bill that was proposed last month in Congress would allow the U