Tag Archives: buyers of automotive scrap

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.

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 […]

December 2018 Newsletter

 Download Newsletter Having just returned from the annual ARA Convention in Orlando, I can report the show was very well attended.  It was reported that there were in excess of 900 attendees!  The fact that the location was at Disney World certainly was a contributing factor.  

November 2018 Newsletter

 Download Newsletter Certain aspects of the salvage business are very predictable.  We see the same cycles over and over again.  When ferrous scrap goes up the back-yard junkies come out of the woodwork!  You know the ones I mean, the guys with the beat up old pickup truck and trailer, they run ads on Craigslist Read More […]

August 2018 Newsletter

 Download Newsletter Most of the yard owners I talk with say they are not having any trouble getting junk cars at a fair price.  We all remember when the prices were through the roof.   This was great when you were selling your loads of crushed cars but it was extremely difficult to buy scrap cars.  Read More […]

July 2018 Newsletter

 Download Newsletter The PGM (platinum group metals) markets that control catalytic converter prices are in a role reversal of sorts.  For years pt (platinum) has been worth significantly more than pd (palladium).  At times the price difference has been as much as double.  Within the past year pd has passed pt and shows no signs Read More […]