August 2021 Scrap metals and auto recycling commodities had an interesting month. Contrary to the tentative stability that appeared to be taking hold at the beginning of the summer in the pricing for many of the commodities we look at in the Markets & Metals blog, we're seeing patterns of both increase and decrease
Third Quarter 2023: Low Value Trending Down, Scrap & commodity prices decline. Despite prices on a downward trend, values are still higher than pre-pandemic levels and are reflective of prices seen in 2021. Wholesale Auto Values The wholesale vehicle market is mirroring what we saw in 2021. In Q2 of 2023, wholesale used-vehicle prices dropped
Second Quarter 2023: Value of Scrap Metal Declining Despite prices on a downward trend, values are still higher than pre-pandemic levels and are reflective of prices seen in 2021. Wholesale Auto Values The wholesale vehicle market is mirroring what we saw in 2021. In Q2 of 2023, wholesale used-vehicle prices dropped from the start of
First Quarter 2023: Value of Scrap Metal Looking Stagnant Uncertain markets for uneven times. Tracking some ups and downs for the new year. Wholesale Auto Values As we approach three years of pandemic influenced change, the wholesale market has looks to mirror 2021. The wholesale use-vehicle prices increased 1.5% from December in the first 15
While every day millions of Americans place household items in their recycling bin for collection, many of the common household items and office equipment made from metal – which can be successfully recycled to make new products – often get overlooked. While many recognize the benefits of recycling and do so on a daily basis,
Third Quarter 2022: Persistent Economic Pressures erode prices Global economic conditions continue to rough up metals markets. Domestic interest rates and U.S. Inflationary pressures cause uncertainty. Weak to negative outlook for sustained economic growth are bringing skyrocketed values back to earth. Wholesale Auto Values Coming off of 2021's extraordinary scarcity of product, the drop in
Second Quarter 2022: Out-of-market pressures deflate values Global economic conditions rough up metals markets. U.S. Inflationary pressures are causing uncertainty. Negative outlook for sustained economic growth are slowing, impacting pricing across the board. Crushed Auto Bodies Inflationary pressures have been driving values down but overall demand remains high. Auto recyclers continue to struggle with product
First Quarter 2022: Pandemic Metals Demand and Performance For this quarter's Wreckonomics/Metals and Markets overview we're going to look solely at pandemic performance for the commodties and markets we discuss regularly. Let's see if the narrow view tells us anything new. Crushed Auto Bodies As discussed in previous Wreckonomics posts, Pandemic demand was totally fueled
May 2021: Stability Amidst Shortages? Looking at May 2021 markets, we’re seeing what looks like stability returning to the pricing of some commodities as covid-related supply chain disruptions are resolved. However, global shortages and demand spikes which were previously discussed in April's Wreckonomics article are hovering around record heights, exacerbated by increased demand as
March 2021 overview of the sustained and specific demand for end of life vehicles and their parts and materials The key driver for some of the rapid changes we've seein in demand is likely the ongoing conversation about US Trade With China. While the 'war' continues, the global demand is outperforming the narrative. The new
