In October 2016 scrap metal prices for crushed autobodies saw a decline of 22.4%. See September 2016 Scrap Metal Market Watch, and a 18.73% growth over the past year.
Worried, cautious and jittery are three words that members of the automotive recycling industry would use to describe the current market. Currently experiencing one of the worst economic periods in decades, industry experts believe 2017 will be better though still unlikely to be booming by any standards.
~ Wavering Market Leads to Blurry Future for Automotive Recyclers
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NOTE: All figures are believed to be reliable and represent approximate pricing based on information obtained prior to publication. Advanced Remarketing Services is not responsible for the accuracy or completeness of the information provided, or for the use or application of information herein.