| Scrap Metal | Scrap Price | Updated Price Date |
|---|---|---|
| Copper National Average | $3.05/lb | Updated 12/10/2023 |
| Steel National Average | $219.12/ton | Updated 12/10/2023 |
| Aluminum National Average | $0.43/lb | Updated 12/10/2023 |
| Catalytic Converter Average | $81.00/each | Updated 12/10/2023 |
As of July 2018 – We have seen copper prices jumping all over the place, heard rumors about exports getting ready to dry up to China – and that may just be the start of things. With recent news of more tariffs going into place, we may be seeing these markets turning a different direction. […]
Read MoreA lot of people continue to talk about the tariffs, and how they are going to affect the whole scrap markets…and the short answer is (insert drum roll please), negatively but then positively. Things have to go through rocky turbulent times in order to get to smoother waters and that is what we are seeing […]
Read MoreWe’ve talked about tariffs multiple times in 2018, but we wanted to go over the cause and effect of what has been happening since they really got instituted. Many countries have had great pushback on the US, but one thing that we have seen is the openness of countries starting to work together to get […]
Read MoreMany people have asked us about many of the reasons that the Chinese markets are tightening up on the scrap markets and imports to the country. If that was an easy one sentence answer this would make for a boring post, but it is way more complex then just this blog will be- but let’s […]
Read MoreOver the years the Chinese have been buying and taking all types of commodities from all over the world and they have been accruing worldwide assets along the way. Those assets could be mines, ports, or large investments in overseas companies with a partial or a controlling interest. Why this becomes so important is when […]
Read MoreInfrastructure is a big word, and it brings ample opportunities to the scrapping world; but how will that affect the prices and markets? Infrastructure Affecting Prices Bottom line: we’re not expecting to see much market movement when the $1.2 trillion infrastructure bill gets pushed through Washington DC, and here’s why. This bill has so much […]
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