WSJ: In Scrap-Metal Market, Buyers Have to Tell Darth From Vader

From: WSJ: In Scrap-Metal Market, Buyers Have to Tell Darth From Vader By: John W. Miller When Randy Goodman calls a customer in China, the 51-year-old scrap trader sometimes asks: Do you want Elmo, Shelmo or Zorba? The world’s $100 billion trade in junked cars, refrigerators and other metallic goods hinges on 100 or so short,

WSJ: Scrap-metal sector is latest victim of commodities bust

From: Scrap-metal sector is latest victim of commodities bust By: John W. Miller PITTSBURGH—Cars are piling up at junkyards across the U.S., as the commodities bust that has already bruised mining and metals companies from Ohio to Australia ripples through another sector: scrap. As prices for steel, iron ore and other commodities have dropped because of a demand

Market & Metals

Scrap Metal Market Watch: March 2016

Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have increased. We’ve seen an increase of 2.94% over the past month, a decline of 46.14% over the past year, and a decline of 62.69% over the past two years. This trend may be observed below:   Chart | Scrap Metal Market Trends

Market & Metals

Scrap Metal Market Watch: February 2016

Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have declined. We’ve seen a decrease of 2.86% over the past month, a decline of 46.14% over the past year, and a decline of 61.09% over the past two years. This trend may be observed below: Chart | Scrap Metal Market Trends

Market & Metals

Scrap Metal Market Watch: January 2016

Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have declined. We’ve seen a decrease of 2.61% over the past month, a decline of 42.74% over the past year, and a decline of 59.89% over the past two years. This trend may be observed below: Chart | Scrap Metal Market Trends

Market & Metals

Scrap Metal Market Watch: 4th Quarter 2015

Scrap Metal Market Watch graph from first quarter 2011 to fourth quarter 2015 Over last quarter, scrap metal prices for crushed auto bodies declined 11.81%. Over Q4 2014, scrap metal prices for crushed auto bodies declined 40.23%. Over Q4 2013, scrap metal prices for crushed auto bodies declined 55.03%. Over Q4 2012, scrap metal prices for

Market & Metals

Scrap Metal Market Watch: December 2015

Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have declined. We’ve seen a decrease of 3.85% over the past month, a decline of 41.92% over the past year, and a decline of 63.09% over the past two years. This trend may be observed below: Chart | Scrap Metal Market Trends

Market & Metals

Scrap Metal Market Watch: November 2015

Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have declined. We’ve seen a decrease of 3.39% over the past month, a decline of 48.67% over the past year, and a decline of 59.51% over the past two years. This trend may be observed below: Chart | Scrap Metal Market Trends

China Steel Prices Demand Decline

Bloomberg: China Steel Head Says Demand Slumping at Unprecedented Speed

From: China Steel Head Says Demand Slumping at Unprecedented Speed (Bloomberg) By Bloomberg News If anyone doubted the magnitude of the crisis facing the world’s largest steel industry, listening to Zhu Jimin would put them right, fast. Demand is collapsing along with prices, banks are tightening lending and losses are stacking up, the deputy head of the

Market & Metals

Scrap Metal Market Watch: October 2015

Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have remained steady from last month. We’ve seen no change over the previous month, a decrease of 50.28% over the past year, and a decline by 58.29% over the past two years. This trend may be observed below: Chart | Scrap Metal Market Trends