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.
Wavering Market Leads to Blurry Future for Automotive Recyclers
A new article entitled “Automotive recycling market volatile” (linked to here) from the American Recycler highlights the worrisome trend and cautious approach that companies and investors are taking with the automotive recycling market. Currently experiencing one of the worst economic periods in decades, industry experts believe 2017 will be better though still unlikely to be
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.
Scrap Metal Market: August 2016
Moderate Growth Scrap metal prices for crushed autobodies saw moderate growth, 4.8% over the past month (see July 2016 Scrap Metal Market Watch), and have grown 51.53% over the past year.
Among Price Rise, Chinese Surplus Limiting Profit
Schnitzer Steel Industries, Inc. reported positive financial gains this week, with $0.41 earnings per share, compared to losses in the second quarter of 2016. Ferrous sales volumes also increased 13% in the third quarter of 2015. Total domestic volume remains low, as scrap products are exported to international buyers (including India, Turkey, and South Korea).
Exporting ELVs Impacts Auto Recycling in US
End of Life Vehicle (ELV) sales make up a $20 billion industry for automotive dismantlers and recyclers who handle scrap steel, aluminum, copper, plastic, and glass. Traditional transactions for these vehicles are impacted by online sales and auctions, in which international buyers leverage attractive offers – their domestic counterparts cannot always compete. Exporting Policies “They
Canine Companions for Independence®
In February of 2016, a very generous donor had donated their 2006 Ford E450 Cutaway cube van, also known as a Fun Mover RV, to Canine Companions for Independence.
Scrap Metal Market: July 2016
Scrap Metal Market Holds Steady Scrap metal prices for crushed autobodies held steady with 2.17% growth over the past month (see June 2016 Scrap Metal Market Watch), and have grown 31.62% over the past year. Across the Atlantic, the Brexit vote sent a shockwave through the base metal market, temporarily causing prices to plummet. However,
2003 Harley VROD for U.S. Fund for UNICEF.
A 2003 Harley VROD was donated to UNICEF by very generous donors from Florida. The VRSCA VROD was in production between 2002 and 2006. The 2003 VROD models were included in the 100th anniversary editions.