Scrap Metal Market: December 2018 Steel Prices Going Forward

Steel prices were up going into the last month of the year but are feeling pressures from falling oil prices, lack of exports overseas and slowing auto and housing industries. The December scrap metal report is ultimately a welcomed sight after four consecutive months of declines. While scrap steel prices were up and down in

Scrap Metal Market: November 2018

Scrap metal market falls for fourth consecutive month. [avatar user="zlasky" size="thumbnail" align="left" /] The scrap metal market report for November continues to fall as ferrous scrap values fall to their lowest in 10 months.  The price for crushed autobodies dropped an additional 4.5% this past month though compared to last year scrap metal prices are

Scrap Metal Market: October 2018

As the fall season carries on the scrap metal market continues its fall as well; scrap steel drops slightly, impacts of Hurricane Florence on southeast steel market and USMCA provisions effect on auto industry. [avatar user="zlasky" size="thumbnail" align="left" /] The scrap metal market has fallen for the third consecutive month as we move into the

Scrap Metal Market: September 2018

Scrap metal market falls in September as political uncertainty surrounding the steel industry rolls on. [avatar user="zlasky" size="thumbnail" align="left" /] The scrap metal market continues to fall as the summer of 2018 nears its end.  It seems as though the price surge following the announcement of steel and aluminum tariffs is wearing off, though scrap

Scrap Metal Market: July 2018

Scrap steel prices rebound to 2018 high after brief decline. [avatar user="zlasky" size="thumbnail" align="left" /] After a brief drop in prices last month, the scrap metal market rebounded to reach its highest point in 2018.  The May Advanced Remarketing Services scrap steel report showed that the price per ton of scrap steel had reached its

Scrap Metal Market: June 2018

Scrap metal market takes largest downturn for 2018 as scrap steel prices drop nationwide. [avatar user="zlasky" size="thumbnail" align="left" /] After reaching a multi year high the scrap metal market has come down slightly amidst a busy month for trade and tariff action in the United States.  While our scrap metal market report in May reported

Wreckonomics™ Dispatches: Institute of Scrap Recycling Industries Convention 2018

The Institute of Scrap Recycling Industries Convention and Exposition is the years largest event in the recycling industry. Advanced Remarketing Services attended the Institute of Scrap Recycling Industries (ISRI) annual convention and expo last month in Las Vegas.  It’s the largest annual gathering focused on recycling metals of varying types.  While it is not widely known

Scrap Metal Market: March 2018

Scrap Metal Market Stays Level in March [avatar user="zlasky" size="thumbnail" align="left" /] The scrap metal market remains relatively even in March after the strong start to the year we saw in February.  After the biggest increase in a one month period in a full year prices fell slightly.  The national average for crushed autobodies dropped

Houston Scrap Market in Hurricane Aftermath

The Houston scrap market is now seeing an influx of metal hitting its facilities as an estimated 600,000 vehicles as well as other miscellaneous items were damaged in the floods that resulted from Hurricane Harvey. In the most recent months, the southeastern U.S. has experienced a series of hurricanes and massive flooding.  The scrap market

Scrap Metal Market: June 2017

Subscribe to Blog via Email Across the United States the price of crushed auto bodies fell an average of more than 2%. [avatar user="zlasky" size="thumbnail" align="left" /] After six consecutive months of growth in the scrap metal market the June update declines slightly.  Across the United States the price of crushed auto bodies fell an