Author Archives: Pat Finnell

November 2019 Newsletter

Download Newesletter There has been a lot of speculation recently as to whether the OEM car manufacturers will switch back to platinum (pt) from palladium (pd) in the building of catalytic converters. This would greatly affect recyclers and the prices they receive for scrap converters.

October 2019 Newsletter

Download Newsletter The past year has seen PGM (platinum group metals used in converters) prices shoot up through the roof. As usual when prices spike, all of a sudden every Johnny Come Lately is a converter buyer who by his own words “pays more than anybody”. Here is what happens: Johnny pulls into a yard Read More […]

September 2019 Newsletter

Download Newsletter According to worldwide precious metal analysis, the future for recycled palladium is very good. If you sell scrap catalytic converters from gas burning vehicles, you are a key cog in the palladium market wheel.

August Newsletter 2019

Download Newsletter http://www.recoretrading.com/wp-content/uploads/2019/08/August-2019-Newsletter.pdf A guess list is the more accurate name of a price list when used for the purchase of catalytic converters. Price/guess lists and code numbers are the methods used by some converter buyers to guess at a value of your material. Unfortunately, for the seller (the yard) these methods are far from Read More […]

July 2019 Newsletter

Download Newsletter As we are midsummer and one year into our new facility, some observations come to mind. The move to our purpose-built facility in Hudson has been extremely positive in all areas. I have always held efficiency as a top priority so this is the defining objective in all areas of Recore.

June 2019 Newsletter

Download Newsletter The gradual change in the quantity and type of metals the manufacturers have made to the catalytic converters over the past decade or two is really showing in the converters we are buying today. This, along with the dramatic increase in the price of palladium combined to push scrap converter prices through the Read More […]

May 2019 Newsletter

Download Newsletter Last month I attended a conference on precious metals as used in automotive catalytic converters. The range of topics covered included future prices and demand of the platinum group metals (pgms) and future automotive technologies.

April 2019 Newsletter

Download Newsletter Historically, platinum group metals (platinum palladium and rhodium) as they relate to automotive catalytic converters, have traveled the ups and downs of the commodity markets mostly together. When one went up the others usually followed and vice versa.

March 2019 Newsletter

Download Newsletterhttp://www.recoretrading.com/wp-content/uploads/2019/04/March-2019-Newsletter.pdf Last week I along with all ATRA NH members received an email from Bruce Crawford (executive director of ATRA) that alerted us to a bill that is being considered by the NH legislature. Bruce explained that the bill is being put forth by the Alliance of Automobile Manufacturers.

February 2019 Newsletter

 Download Newsletter So a local rebuilder calls looking for a front clip for a 2014 Cadillac SRX4. You check inventory realize you have one in perfect condition and quote it at $4200.00 delivered. A repair shop then calls looking for a 5.3 engine for a 2015 Silverado. You check inventory realize you have one that Read More […]

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