Houston Scrap Market in Hurricane Aftermath

The Houston scrap market is now seeing an influx of metal hitting its facilities as an estimated 600,000 vehicles as well as other miscellaneous items were damaged in the floods that resulted from Hurricane Harvey. In the most recent months, the southeastern U.S. has experienced a series of hurricanes and massive flooding.  The scrap market

Scrap Metal Market: June 2017

Subscribe to Blog via Email Across the United States the price of crushed auto bodies fell an average of more than 2%. [avatar user="zlasky" size="thumbnail" align="left" /] After six consecutive months of growth in the scrap metal market the June update declines slightly.  Across the United States the price of crushed auto bodies fell an

Wreckonomics™ 1.2: Scrap Markets

[avatar user="croberts" size="thumbnail" align="left" /] In our last post we started a conversation about vehicle retirement; today I’m weighing in on the conversation as we take a closer look at end of life vehicle (ELV) challenges and solutions. Prior to joining ARS I spent 5 years working in the metal recycling industry.  Long before working

Scrap Metal Market: April 2017

Subscribe to Blog via Email Five in a row for the Scrap Metal Market report!  Last month the national average price of crushed auto bodies kept up the streak of positive growth.  Up by slightly over 6%, the national average is now about $185.  This is the highest the average has reached since August 2016 and a

Scrap Metal Market: January 2017

Subscribe to Blog via Email Throughout 2016 we saw the volatility of the scrap metal market that we've become accustomed to.  However, it ended on a high note as the average crushed auto body price climbed nearer back to the high water mark for the year.  Nationally, the average price settled at roughly $160 for

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: 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,

Scrap Metal Market: June 2016

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

Scrap Metal Market: May 2016

Scrap Metal Market Trends Scrap metal prices for crushed autobodies have slightly increased 17.60% over the past month (see April 2016 Scrap Metal Market Watch), and a small uptick of 3.62% over the past year. Over the past month, the automotive industry has struggled to look for an innovative response to continued devaluation. The downward

WSJ: In Scrap-Metal Market, Buyers Have to Tell Darth From Vader

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,