July 17, 2012 | IRVINE, Calif. By SubPrime Auto Finance News Editor Nick Zulovich Alec Gutierrez, Kelley Blue Book While 50 cents might not fetch much nowadays, that decline in gas prices since April created a ripple effect throughout the industry, especially when it comes to wholesale prices. That’s the word from Kelly Blue Book,
July 16, 2012 | IRVINE, Calif., and McLEAN, Va. By SubPrime Auto Finance News Editor Nick Zulovich Here’s a number used-car managers might want to remember as they’re scouring the lanes for inventory: 3.5 percent. That figure seems to be the consensus among analysts from Kelley Blue Book and NADA Used Car Guide on how
With the rapid market decline in scrap metal prices reaching it’s lowest level since late 2010, buyer uneasiness has spread. Advanced Remarketing Services Inc. spoke with some of the buyers in our network and here were some of the comments we’ve heard: Tom from Smith’s Auto Recycling in Clinton, MA says: “[The drop] is the
June has truly been eventful month for scrap prices. The recent slide brought ferrous scrap prices to the lowest level since late 2010 — and, according to several editors and analysts speaking during a Platts webinar last week, the months of May and June drove home point of how influential the US East Coast scrap
Updated: July 3, 2012 Scrap metal market watch graph from December 2006 to July 2012. Over last month, scrap metal prices for crushed auto bodies declined 10% Over last year, scrap metal prices for crushed auto bodies declined 12%. Over two years ago, scrap metal prices for crushed auto bodies rose 18%
by Taras Berezowsky on June 14, 2012 Most all steel market watchers, buyers, sellers and traders have seen and heard about the US ferrous scrap price free-falls over the past week or two — price falls of between $60 and $70 per long ton, depending on the particular scrap metal product, according to Platts. So
NEW YORK Shares of steel companies fell Monday on investor concerns that industry conditions will worsen as steel prices fall and demand for the metal slows in a weakening economy. Demand for steel, a building block of industries from construction and manufacturing to energy, tracks conditions in the broader economy. With many countries in Europe
Updated through second quarter 2012 Scrap metal market watch graph from second quarter 2007 to second quarter 2012 Over last quarter, scrap metal prices for crushed auto bodies declined 5% Over Q2 2011, scrap metal prices for crushed auto bodies declined 13% Over Q2 2010, scrap metal prices for crushed auto bodies rose 26%
Updated: June 4, 2012 Scrap metal market watch graph from December 2006 to June 2012. Over last month, scrap metal prices for crushed auto bodies declined 1% Over last year, scrap metal prices for crushed auto bodies declined 3%. Over two years ago, scrap metal prices for crushed auto bodies rose 30%
Updated May 3, 2012 Scrap metal market watch graph from December 2006 to May 2012. Over last month, scrap metal prices for crushed auto bodies declined 2% Over last year, scrap metal prices for crushed auto bodies declined 7%. Over two years ago, scrap metal prices for crushed auto bodies rose 14%