Analysis

January 13, 2026
Final Thoughts: Venezuela in a different era
Written by Stephen Miller
I had the opportunity to visit the South American country of Venezuela as a young ferrous scrap trader in December 1986, four decades ago.
Early in a career trading scrap, my activities were confined to supplying steel mills and foundries with domestic scrap in Northern Ohio and West Virginia. When I received the assignment to go on a business-related mission to a country like Venezuela, I jumped at the opportunity.

