Market & Metals

Scrap Metal Market: April 2016

Scrap Metal Market Trends Scrap metal prices for crushed autobodies have slightly increased 8.57% over the past month (see March 2016 Scrap Metal Market Watch), but an overall 9.66% decline over the past year. Over the past month, the automotive industry has shown continued signs of devaluation. The Wall Street Journal reported the scrap metal

Ethan Frederick Grant, April 5, 2016

Aluminum and Copper Plummet

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

Ethan Frederick Grant, July 27, 2015

Turning a Negative into a Positive

As we all know by now, the scrap metal market has taken a pounding with a strengthening U.S. dollar and slower than expected economic growth internationally, and this is projected to be the case for throughout 2015. However, on the near horizon there is potential bottom-line relief for some firms as new technologies are being

S.A. Stevenson, March 17, 2015