Abstract
The scrap metal and storage markets associated with platforms and drilling rigs are one of the least-publicized sectors of the energy industry. Structures, rigs, and marine vessels contribute to scrap supply in coastal communities and is an important sector for many regional economies, but relative to aggregate scrap sources are considered marginal contributors to total supply. In part three of this four-part series, we follow offshore structures through the scrap process and review conditions that affect the competitiveness of regional markets. Factors that impact scrap metal price are examined. We conclude with a brief overview of the industry players in the US scrap market.
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