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 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 This refers to the industry of recycling platinum group metals (PGM’s) from catalytic converters and having them available to the manufacturers of new converters and other industries. These elements never wear out and can be used over and over again.
Download Newsletter A supplier who has been selling to us at Recore for several years called me this week. The owner share “Don, I have been enjoying your newsletter very much. I read often about the benefits of selling your converters based on return and want to sell that way.”
Download Newsletter As of this writing (April 6), things appear headed in the right direction. I don’t want to create any false hope but most indicators are positive. Writing about the markets here is very risky since there is a 4-5 week delay between the time I write this and the time you get it. Read More […]
Download Newsletter In recent years two of the largest players in the salvage business have been gobbling up smaller yards across the country. Both Schnitzer and LKQ bought dozens of well run yards and proceeded to change the way these previously successful yards were run. From the outside it appeared that the conglomerate would come Read More […]
Download Newsletter No Value Cats Still Coming In—A month or so ago I wrote about Chrysler no value cats. As you may remember, these converters have OEM Chrysler marking sand are installed on late model diesel powered vehicles. These units look as though they could be worth $200-$300 apiece. They have excellent construction and plenty Read More […]