Impact of Possible Tariffs and Sanctions on Scrap Markets
Market analysts and the entire scrap industry remain unsure how the US’s proposed tariffs and sanctions on countries such as China will impact the scrap markets. While we remain in this wait-and-see mode, we’ve compiled an overview on how prices have been impacted with the recent announcement. Non-Ferrous Scrap Markets There was a large drop […]
Read MoreWhich Common Household Items Contain Insulated Copper Wire?
Did you know? Insulated copper wire can be found in a number of household items. Knowing where to look can help you create a sizeable pile of insulated wire for scrapping. Here are some of the best places to find and collect this highly sought-after material. TVs and Monitors. Although many scrap yards won’t accept […]
Read MoreTop Reasons Why Scrap Prices Change
There are a number of domestic and international factors that influence scrap metal prices. In fact, a majority of questions we receive about scrap relates to scrap prices, including, “What is the price of scrap copper?” and “When will scrap prices go up?” While we can’t predict the future, we can explain why scrap prices […]
Read MoreWhat Are Metal Tariffs and What Could They Mean?
President Trump is possibly introducing metal tariffs for imports into the US. So what does this mean for the market and consumers in general? With the exception of Canada and Mexico, metal tariffs would affect the cost of trade for countries importing metal products into the US. More specifically, countries that bring in raw aluminum […]
Read MoreThe A B C’s of Scrap Yards
Scrap yards are frequented by those in the trade industries – including plumbers, electricians and contractors – demo companies, manufacturers, governments, and others that either work with or produce metals as a by-product of their business. Common metals brought to scrap yards include copper, steel, iron, stainless steel, brass and aluminum. When dropping off scrap […]
Read MoreWhat Factors Determine Scrap Metal Prices?
Scrap prices are constantly changing and can be difficult for people to navigate and understand. There are many factors that go into determining the prices that are seen at the scales of scrap yards all across the world. We’ve listed some of the most impactful factors below. Market Prices International scrap metal markets, especially the […]
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