SCRAP NEWS | Catalytic Converters

Copper Heats Up, Steel Cools Down – 7/1/2020

Believe it or not, we are already halfway through 2020. It seems like this is a year that many people want to be able to get past for more reasons than we could list and more reasons than we can count. At the end of the day, we hope that everyone is enjoying some of these higher copper prices, as well as a relatively stable iron market.

Potential Problems with China Cause Copper Drops – 6/25/20

Right now one of the biggest causes of concern that we have is with the copper market and the Chinese buyers. While looking at these markets, we have been able to see that they are very difficult to conceptualize and figure out where they will be going and how the Chinese will be changing their buying practices moving forward.

New App, Who’s This? – 6/3/20

DOWNLOAD TODAY New iScrap App – With Notifications Jump To Non-Ferrous Prices   Jump To Ferrous Prices Good Day! We hope that everyone is doing well and staying as busy as possible going into the summer months. We are happy to see the copper prices increasing to pre-pandemic levels and even higher than they were. […]

Is Aluminum Coming Back To The US? – 05/27/2020

On top of that with all of the problems that we saw over the last few months, we have begun to hear more reports of aluminum smelting facilities returning to the United States over the next few years.

Copper Prices Went Up $0.11/lb – 5/20/20

Jump To Non-Ferrous Prices   Jump To Ferrous Prices Scrappers!!!  We hope that everyone is doing well and slowly enjoying multiple states re-opening in different phases across the country. We are especially excited that we saw such a nice increase in copper prices on Monday rising $0.11 per pound. On top of that, we’ve seen […]

Reopening The Economy: Help or Hurt Scrap? – 5/13/20

As we’ve watched the copper prices reacting in a positive way, we have a couple of things that we have been watching to see what type of domino effect is going to happen. With possible trade problems between the United States and the Chinese again over the origin of the COVID-19 spread, there’s talk of the Phase 1 Trade agreement being canceled or changed or delayed.

Iron Recovers, While Aluminum Slips – 5/6/20

Aluminum prices have begun to slip down again with a weekly price report showing prices down another penny or two per pound. Aluminum has continued its struggle over the last two years starting with the tariff situation with the Chinese and now continuing with weaker demand due to the virus outbreak.

Is Copper Stable? – 4/29/20

We have seen the copper prices not only stabilize over the last few days but also increasing as more people are going back to work and other scrap yards are beginning to re-open. Many people that live outside of the major areas in the United States are not seeing the devastation of sickness and death and do not have a firm grasp of what is going on.

How Oil Is Affecting Scrap Prices This Week – 4/22/20

Jump To Non-Ferrous Prices   Jump To Ferrous Prices Happy Earth Day!  First and foremost, we would like to thank all of the healthcare workers, as well as the frontline workers at grocery stores, pharmacies and all other lines of work that are on the front lines helping so many people out right now. It […]

What Is The Importance of Platinum in Scrap?

What is Platinum? Platinum is a precious metal and is used in all types of applications from jewelry to electronics and even catalytic converters. Platinum is one of the most valuable precious metals in the world and because of its use in multiple spaces has always been a very coveted item to recycle. Where to […]

Let’s Tackle This Market Together – 4/1/20

We hope that everyone has been doing their best to follow all the proper precautions and staying as safe as possible. These are crazy moments and we hope that as few people who are impacted with this as possible.

COVID-19 & Its Effects on Scrap Metal – 3/19/20

Jump To Non-Ferrous Prices   Jump To Ferrous Prices Well, these are interesting times… Before any sarcasm or jokes are made we hope that everyone is abiding by the local rules of your states and government, so we can ensure the health and well-being of all Americans and world citizens. With this craziness going on […]