Category Archives: Catalytic Converters
Download Newsletter Here in New Hampshire, our state salvage yard association has been hard at work serving our members. Our monthly meetings typically produce about 50 members. Recently, the meetings have had truly outstanding speakers.
Download Newsletter Like most items in the news today, the proposed tariffs on incoming steel and aluminum are causing quite a bit of controversy. There always seem to be “experts” on both sides of every issue screaming that their position is absolutely correct and their opponents are uninformed, are idiots, or are politically and/or monetarily Read More […]
Download Newsletter PGMs (platinum, palladium and rhodium) are the group of precious metals used in the production of catalytic converters. Historically PGM market prices have behaved very erratically and would fall and rise by extreme amounts for the craziest of reasons.
Download Newsletter With the price of both PT (platinum) and PD (palladium) being very strong lately, a lot of yards are deciding it is a good time to sell their converters. They are right! We are seeing many lots of converters that yards have been sitting on for a while.
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 The Auto and Truck Recyclers Association of NH has developed into what most consider to be the finest state group of recyclers in the country. This association hits the mark in every category bringing tremendous benefit to recyclers and communities which they serve.
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 Like every other business auto salvage yard owners seek to get every dollar they can from the products they sell. It makes perfect sense for a yard owner to maximize the return they get for every product they sell.
Download Newsletter July sales numbers on new cars are out and they are not pretty. GM is down 15%, Ford down 7.5% and other manufacturers are in similar situations. Manufacturers have had a pretty good run with great sales in the recent past so this downturn is somewhat expected.