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.
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).
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
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United Recyclers Group 2016 Conference
Our General Manager Kelly and Marlayna are at the 2016 United Recyclers Group Conference in San Antonio, Texas. URG is a well known and established company. It was founded by three auto recyclers in 1995. Our mission is to lead the industry in providing superior products and services tailored to the operational needs of automotive