All the Cash for Clunkers program did was accelerate the inevitable – our thinking right now is that it will be just a blip on the screen. The folks in the mills think that the entire program just bunched up sales of new cars and scrapping of cars from the past 3 months and the next 3 months. Those who were in the market just took advantage of the program, which didn't generate any new fresh sales.
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- Network Metals
- Joshua Kalter (president/owner): Mr. Kalter has over 25 years of experience in trading metals, ores, and alloys in international trading firms. Specifically he has physical trade expertise in non-ferrous metals and has traded on the LME and COMEX. Mr. Kalter has great familiarity with producers and consumers on both the executive and plant levels in the metals, automotive, building and construction, packaging and steel industries. Mr. Kalter has extensive knowledge of the global metals, ores, and alloys transportation and logistics operations, especially the importation of Chinese metals. He has also established detailed hedging, freight, warehousing, and distribution programs for the metal industry. Mr. Kalter consults extensively with a wide array of hedge funds regarding the physical metal markets, and has delivered seminars on various topics. His expertise includes aluminum, copper, nickel, zinc, lead, tin, silicon, magnesium, manganese, chrome, titanium, molybdenum, cobalt, ferroalloys, steel industry raw materials, scrap & recycling, and base metal alloys.