What is Happening Out There?
What is happening with the scrap metal prices? what is causing them to be at lows not seen since February? Will, there be an improvement over the coming weeks? These are just some of the questions that are being asked and we will try our best to give some clarification on what is happening. What is happening with the scrap metal prices? To the scrap industry and people that sell scrap, it will be no breaking news to hear that the prices... read more
March Scrap Prices Review
March has ended and the first quarter of 2019 is behind us. Not a huge amount of movement in the markets this month. Steel has ended on no change after bouncing around a bit. Lead was the biggest mover but not in the right direction with over a 6% drop. Aluminium $1893 – $1899 = +0.3% The lowest point across the month that it reached was $1829 per tonne, with highest point being $1922 per tonne. The metal which has suffered massivley... read more
Scrap Prices Being Offered March 2019
Tariff talks are ongoing between the US and China with no real indication as to when these talks are going to be concluded. There are rumors of the two global leaders meeting toward the end of this month. Once this news breaks, we will let you know what is said. The Pound Sterling is up against the Dollar. A 2.3% climb over the last 5 days is having an effect on the scrap prices. LME Update for this week – Aluminium down... read more