JUMP TO NON-FERROUS JUMP TO FERROUS Up & Down Markets 📊 Eenie, meenie, miney, mo… catch a scrapper by putting copper out and letting him know that the prices are still up. Playing games seems to be the new normal coming out of Wall Street and all the commodity traders worldwide. With the new Delta […]
SCRAP NEWS | Weekly Scrap Price Update
JUMP TO NON-FERROUS JUMP TO FERROUS Markets Are Weird… 😵💫 With the market seeming to screw around with investors back-and-forth right now, it seems to be no different than for scrappers. We have heard that the markets should remain strong as commodities continue to be part of a worldwide supply chain, but the market […]
JUMP TO NON-FERROUS JUMP TO FERROUS On Repeat? 🔁 Quick poll: Do we always talk about the same thing? Answer to come later on. With the holiday weekend, we saw markets strong going into the 4th of July and a little tumultuous at the beginning of this shortened trading week. We saw copper numbers have […]
JUMP TO NON-FERROUS JUMP TO FERROUS Did you see that copper price? We certainly did. It wasn’t going crazy over the last few days, at least making us a little calmer. Over the last week, we haven’t seen much market movement across any metal fronts except a little bit of a decline in […]
JUMP TO NON-FERROUS JUMP TO FERROUS We’re All In This Together 🤝 So…. What’s Going On? It’s been super hard to figure out what’s going on with these markets lately. We had a tremendous upside for a few months with copper, non-ferrous, and iron prices, only to be followed by a nice steady period and […]
That Hurt 🤕 So far $0.20 has been shaved off of copper in one day certainly is not how we want to start going over a market report. But the markets happen, and we want to talk about them, so let’s get to it.
Let’s try to ignore the fact that gas prices have gone up over $1/gallon over the last year, and let’s pay closer attention to the steel prices almost doubling over that time. It’s funny because if you are a scrapper, while you don’t want to have expensive gas, you know that when some of the fuel prices are up for scrap, prices are generally up at the same time.
JUMP TO NON-FERROUS JUMP TO FERROUS But First…Holy Steel! Well, this is certainly a scrap dream that we seem to be in the middle of. Prices on all fronts have been increasing, and we have seen markets steadying over the last two months overall. Going into the summer, we are now watching the markets differently, […]
JUMP TO NON-FERROUS JUMP TO FERROUS Steel Steals Headlines! With the price of copper cooling off a little bit over the last week, we have seen another market heating up in new ways that we have not seen in many months. The price of steel is rising month over month and that’s a good […]
JUMP TO NON-FERROUS JUMP TO FERROUS Inflationvaccination! Try saying those two words together 10 times fast and let’s see how well you do. In the meantime, enjoy some of the copper prices, as well as the increase in iron over the last two weeks. While so many people are only talking about the number of […]
With copper prices rising and worldwide demand increasing, we won’t be surprised to see a quick decrease or a fast increase coming soon.
Increased prices have been fueled by increased demand in the world’s economic recovery. We have seen scrap yards increasing their prices over the last couple of weeks by about $0.30/ lb. on copper #1 and #2 on average. On top of this, we have seen a continued push for higher prices across all aluminum markets, and these price increases could continue throughout the rest of the year.