Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have declined. We’ve seen a decrease of 7.23% over the past month, a decline of 46.67% over the past year, and a decline of 56.21% over the past two years. Chart | Scrap Metal Market Trends
When I look back on my life, there will be more than a few great memories that rise to the top; watching my first virtual reality (VR) video will undoubtedly be one of them. I recently experienced this amazing sensation and am still reeling from the impact. I couldn’t believe how it transported me into
What makes us good at what we do? As an individual … as a company? There’s a multi-dimensional answer to that that starts with one’s mind and ends with the right balancing act. As an individual, it means balancing responsibilities and pleasures; balancing home, work, friends, family, fun. As a company it means balancing the
A hybrid of economic forces continues to reduce already depressed prices of metals, including gold, steel, copper, and now aluminum. “China’s stock market crashes again as panicking sellers lose faith” reads today’s headline, underscoring the gravity of weak demand while giving speculators cause to lower oil futures below $50 per barrel.1 Mining production has increased
I’m not someone who stops in their tracks when a certain vehicle drives by, or knows the differences between a 1969 and 1972 model of ANY car. And, while I deeply appreciate the passion some people have for all things auto, to me a car is a car. Unless, of course, we’re talking about the Ford
Scrap Metal Market Trends Scrap metal prices for crushed auto bodies continues to increase. We’ve seen a increase of 6.23% over the past month, a decline of 45.58% over the past year, and a decline of 48.85% over the past two years. Chart | Scrap Metal Market Trends
Greece Vote Against Austerity Measures Prices of copper and nickel dropped 4.2% and 3.3%1, respectively, following news of Greece’s vote against austerity measures and recent moves by China to prevent a stock-market collapse. The resounding “no” vote in Greece has signaled a potential exit from the euro, prompting market speculators to predict a significant slowdown
The Institute of Scrap Recycling Industries recently completed an exhaustive economic impact report. The report shows that overall, when measuring the direct impact, and indirect impact of the scrap recycling industry: the industry generates over $105 billion annually in the U.S. and helps support more than 471,000 jobs nationwide currently. Among this, the export of
Palladium prices dropped 15% this month, hitting a two-year low. Sources cite weak automotive demand in the U.S. and China – the automotive market accounts for 70% of annual consumption, used in catalytic converters. Mining has increased under the influence of a strong U.S. dollar, while demand has shrunk – this year’s demand is only
From: Platinum Slammed by Supplies, Dollar (WSJ) By Tatyana Shumsky A strong dollar is pressing down on platinum. The precious metal, whose uses range from car-exhaust filters to jewelry, tumbled to a six-year low on Monday, weighed down by a surge in supplies that stems in part from the South African currency’s sharp depreciation against the U.S.