All posts tagged: Decline

China's Steel Exports Fall

China’s Steel Exports Fall in November

The latest news out of the steel industry is that China’s steel exports drop for the 4th straight month.  In November, Chinese exports of steel dropped 16% compared to a year ago to 8.12 million tons.¹  According to Bloomberg, there is little chance that exports catch last years 12 month record.  If this plays out

Used Car Industry October Update

As leaves continue to fall and temperatures drop the used car industry wholesale prices follows suit.  According to the NADA Used Car Guide’s October Update, in the month of September the price of used vehicles up to eight years in age fell 3.6%.  This decline would mark the largest yet in 2016 for the used

Scrap Metal Market: December 2017, Advanced Remarketing Services

Scrap Metal Market: October 2016

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.

Scrap Metal Market: December 2017, Advanced Remarketing Services

Scrap Metal Market: September 2016

Scrap metal prices for crushed autobodies saw a 2.45% decrease over the past month (see August 2016 Scrap Metal Market Watch) and have grown 47.82% over the past year. However, this still represents the 35% decrease since January of 2014.

analysis

Analysis: 2015 Was Awful for Metal Prices

Analysis Shows Continued Decline Scrap metal prices have fallen by 50 percent in four years, forcing scrap yards to find ways to navigate a tough market. Demand from overseas markets like Turkey and China, which were big customers of scrap metal in boom times, has slowed. Industry watchers say 2015 was an exceptionally awful year

WSJ: Scrap-metal sector is latest victim of commodities bust

From: Scrap-metal sector is latest victim of commodities bust By: John W. Miller PITTSBURGH—Cars are piling up at junkyards across the U.S., as the commodities bust that has already bruised mining and metals companies from Ohio to Australia ripples through another sector: scrap. As prices for steel, iron ore and other commodities have dropped because of a demand

WSJ: Anglo’s CEO Predicts Deepening Metals Slump

From: Anglo’s CEO Predicts Deepening Metals Slump (WSJ) By: Scott Patterson & Alex MacDonald Anglo American PLC Chief Executive Mark Cutifani doesn’t think so, saying Monday that 2016 is set to be even more difficult for mining companies and commodity markets than 2015. To put that in perspective, copper and iron-ore prices fell 25% and

Market & Metals

Scrap Metal Market Watch: February 2016

Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have declined. We’ve seen a decrease of 2.86% over the past month, a decline of 46.14% over the past year, and a decline of 61.09% over the past two years. This trend may be observed below: Chart | Scrap Metal Market Trends