Download Newsletter As of this writing, all the markets salvage yards sell to are doing great. I hope that saying this out loud will not jinx things and I don’t think it will. The ferrous prices are at decent levels and the forecast is strong for January and February.
Download Newsletter Salvage Yards Help Cure Cancer! OK, that may be a bit of a stretch but not too far. Here’s my rationale for the headline – Of all the platinum used, whether it be industrial, medical or for jewelry, most of it is derived from recycling. By far the largest recycler of platinum group Read More […]
Download Newsletter To the surprise of most market analysts, palladium (PD) has been the best performer of the year. PD recently hit a 16 year high in price! As one of the three PGM’s (platinum group metals) used in the production of catalytic converters, its use in recent years has increased dramatically over the other Read More […]
Download Newsletter Because of the strong support from our loyal suppliers we have outgrown our facility in Derry, NH. I remember back in 2006 moving to Derry saying, “Where are we going to get the product to fill this place?” Well, we did find the product through our ever-increasing supplier base, for which we are Read More […]
Download Newsletter There are some interesting things going on in the PGM (platinum group metals) markets. At the moment, we are enjoying very good pricing for the reclaimed precious metals from converters. It seems as though the markets are behaving as predicted with very gradual gains overall and some profit taking along the way.
Download Newsletter As I write this column, palladium has just hit a two year high in price. This is great news for recyclers who sell catalytic converters. The other metals in converters (platinum and rhodium) are also doing quite well. Although most recyclers typically follow platinum as an indicator of their converters worth, palladium is Read More […]