The U.S. Commerce Department is pushing back against Chinese incentives that benefit steel, aluminum, and copper exports. The economic response includes import duties of 266% on imported Chinese cold-rolled steel, and seven new investigations targeting government subsidies of Chinese goods. India and Australia are challenging China as well, launching their own investigations and raising import
Aluminum Use on the Rise To convert vehicles to aluminum, Ford is estimated to spend $1 billion retooling its facilities in Dearborn, Michigan, and Kansas City, Missouri, said Vince Pavlak, a partner advisory at KPMG, who also spoke during the Wednesday session. Later this year, Ford is coming out with the all-aluminum Super Duty truck.1
Scrap Metal Market Trends Scrap metal prices for crushed autobodies have slightly increased 17.60% over the past month (see April 2016 Scrap Metal Market Watch), and a small uptick of 3.62% over the past year. Over the past month, the automotive industry has struggled to look for an innovative response to continued devaluation. The downward
We’re Hiring! If you are looking for a company that helps you grow professionally and personally then look no further. We are looking to fill a few roles within our company. We are looking for friendly, smart, and outgoing people to join our team. We are currently hiring for the following positions: Customer Experience
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
Today we decided to do something fun for Earth Day. We saw a challenge online called the Dirty Sock Challenge so we decided to test it out. How the #DirtySockChallenge works is: Have a new white sock. Place it on the tailpipe of your vehicle. Start your vehicle and let it run for one minute.
This week’s featured car donation is a 1970 Mercedes Benz 300SEL donated to National Public Radio. This car is a very rare model with an interesting history. The Mercedes-Benz 300SEL 6.3 is a luxury sedan built from 1968 to 1972. When released it was the fastest four-door vehicle of its time with a 6.3-litre M100
A 1999 Porsche Boxster with only 23,553 miles was just donated to the American Cancer Society by John and Ann in California. They purchased the Porsche in 1999, they were the original owners, and it was garaged for most of that time. When asked why they chose the American Cancer Society, John responded, “My Wife
Analysis Shows Continued Decline Scrap metal prices have fallen by 50 percent in four years, forcing scrap yards to find ways to navigate a tough market. Demand from overseas markets like Turkey and China, which were big customers of scrap metal in boom times, has slowed. Industry watchers say 2015 was an exceptionally awful year
2016 Metals Around The World: Consumer Vehicle Edition