A double-edged metal sword As domestic prices rise from a tariff on Chinese steel, some worry the lack of cheap metal will weaken the ability for U.S. manufacturers to compete in the global marketplace. Now the greatest fear we have is that China keeps the cheap steel for itself and makes products that undercut other
Scrap Metal Market Trends Scrap metal prices for crushed autobodies continue to increase 22.52% over the past month (see May 2016 Scrap Metal Market Watch), and have grown 19.51% over the past year. In May, government incentives for steel manufacturers in China were met with a strong response by the U.S. Commerce Department, which imposed
2016 Metals Around The World: Consumer Vehicle Edition
This month, Advanced Remarketing Services will enhance our online marketplace and low fee services with a large volume of newly repossessed vehicles in Virginia. Many are drivable and have original titles! No matter your interest, these vehicles will fit every market appetite. We offer salvage, charity, and consumer vehicles. We have large, consistent volume of
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
From: WSJ: In Scrap-Metal Market, Buyers Have to Tell Darth From Vader By: John W. Miller When Randy Goodman calls a customer in China, the 51-year-old scrap trader sometimes asks: Do you want Elmo, Shelmo or Zorba? The world’s $100 billion trade in junked cars, refrigerators and other metallic goods hinges on 100 or so short,
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
Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have increased. We’ve seen an increase of 2.94% over the past month, a decline of 46.14% over the past year, and a decline of 62.69% over the past two years. This trend may be observed below: Chart | Scrap Metal Market Trends
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
Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have declined. We’ve seen a decrease of 2.61% over the past month, a decline of 42.74% over the past year, and a decline of 59.89% over the past two years. This trend may be observed below: Chart | Scrap Metal Market Trends