According to Canaccord Genuity sustainability analyst Eric Prouty, ferrous scrap prices are likely to rise for a prolonged period of time.

FORBES: Ferrous Scrap Prices Likely To Rise, Stick With These ETFs

Its biggest product, ferrous scrap, is suffering from weak basic steel demand, but as the economy improves Sims' stock will, too.

FORBES: Magazine Article

Rather, they are looking longer term and anticipating what the future holds for ferrous scrap prices in the U.S. In their view, the trend is almost certainly up.

FORBES: Ferrous Scrap Prices Likely To Rise, Stick With These ETFs