Scrap Metal Market Watch graph from first quarter 2011 to third quarter 2015 Over last quarter, scrap metal prices for crushed auto bodies declined 2.12%. Over Q3 2014, scrap metal prices for crushed auto bodies declined 47.72%. Over Q3 2013, scrap metal prices for crushed auto bodies declined 54.95%. Over Q3 2012, scrap metal prices
Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have declined. We’ve seen a decrease of 8.97% over the past month, a decline of 51.07% over the past year, and a decline of 59.41% 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 7.23% over the past month, a decline of 46.67% over the past year, and a decline of 56.21% over the past two years. Chart | Scrap Metal Market Trends
A hybrid of economic forces continues to reduce already depressed prices of metals, including gold, steel, copper, and now aluminum. “China’s stock market crashes again as panicking sellers lose faith” reads today’s headline, underscoring the gravity of weak demand while giving speculators cause to lower oil futures below $50 per barrel.1 Mining production has increased
Scrap Metal Market Trends Scrap metal prices for crushed auto bodies continues to increase. We’ve seen a increase of 6.23% over the past month, a decline of 45.58% over the past year, and a decline of 48.85% over the past two years. Chart | Scrap Metal Market Trends
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
The Institute of Scrap Recycling Industries recently completed an exhaustive economic impact report. The report shows that overall, when measuring the direct impact, and indirect impact of the scrap recycling industry: the industry generates over $105 billion annually in the U.S. and helps support more than 471,000 jobs nationwide currently. Among this, the export of
Palladium prices dropped 15% this month, hitting a two-year low. Sources cite weak automotive demand in the U.S. and China – the automotive market accounts for 70% of annual consumption, used in catalytic converters. Mining has increased under the influence of a strong U.S. dollar, while demand has shrunk – this year’s demand is only
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: Platinum Slammed by Supplies, Dollar (WSJ) By Tatyana Shumsky A strong dollar is pressing down on platinum. The precious metal, whose uses range from car-exhaust filters to jewelry, tumbled to a six-year low on Monday, weighed down by a surge in supplies that stems in part from the South African currency’s sharp depreciation against the U.S.