Greece Vote Against Austerity Measures Prices of copper and nickel dropped 4.2% and 3.3%1, respectively, following news of Greece’s vote against austerity measures and recent moves by China to prevent a stock-market collapse. The resounding “no” vote in Greece has signaled a potential exit from the euro, prompting market speculators to predict a significant slowdown
It’s amazing how properly recycling your vehicle at the end of its life-cycle, whether through car donation, or even deciding to junk a car can generate something so positive! Whether it’s assisting with getting some great nonprofits further funding, or efficiently recycling your vehicle, so that some brilliant individuals can utilize their visions to create something cool, and exciting!
From: U.S. Is Awash in Glut of Scrap Materials (WSJ) By James R. Hagerty American companies have complained for the past year that the headwinds of a strong dollar and a slowing Chinese economy are hurting their earnings. For sellers of scrap metal, used cardboard boxes, and other waste, those headwinds are more like a hurricane.
Updated through the second quarter of 2015 Scrap metal market watch graph from first quarter 2011 to second quarter 2015. Over last quarter, scrap metal prices for crushed auto bodies declined 22.57%. Over Q2 2014, scrap metal prices for crushed auto bodies declined 47.31%. Over Q2 2013, scrap metal prices for crushed auto bodies declined 54.42%. Over Q2
Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have finally ceased declining monthly. We’ve seen a increase of 2.67% over the past month, a decline of 43.90% over the past year, and a decline of 52.90% over the past two years. Chart | Scrap Metal Market Trends
The scrap metal industry at times gets a bad rap, whether it’s criminals trying to extract scrap metal out of an elementary school, or a church, or how about stealing an entire bridge?! The negative public perception that exists of the scrap metal industry unfortunately isn’t going away even as the price of scrap metal declines and
Steel Supply Chain Decline “Have scrap steel prices finally found a floor?”1 The decline in steel prices is slowing as scrap markets look for signs of positive change. Late last month, the Commodity Trade Risk Management group published new prices for hot-rolled coil, which evened out at “$440/st, down from about $640/st last November”.2 CTRM
Throughout early 2015 there has been an explosion of steel imports into the U.S. This has been a trend that was driven in the aftermath of the recession by Asian producers such as China, Japan, and South Korea. In order to put this trend into perspective, according to the American Iron and Steel Institute: the
Latest scrap metal prices news. Scrap metal prices – above is our market watch graph from January 2012 to April 2015. Over last month, scrap metal prices for crushed auto bodies increased 2.89%. Over last year, scrap metal prices for crushed auto bodies declined 46.99%. Over two years ago, scrap metal prices for crushed auto
From: Oil Prices Impact Metal Recyclers By: Mike Breslin It’s about time U.S. businesses and consumers are getting a price break on something… oil and its cornucopia of derivatives. Most visible are gasoline pump prices falling in many areas in the $2 per gallon range (as of this writing). It’s all because worldwide crude oil