Tag Archives: de-canners and processors of catalytic converters
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 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 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 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 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 the catalytic converter industry has evolved, there have been many changes. In the very early years there were two types of converters-bead and honeycomb ceramic monolith. Today the beads have all but disappeared. I remember beads as being up to 15% of the makeup of an average buy.
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 […]
As many of you know I prefer not to write about market conditions in this column. The time between writing this and it getting to you is at least 30 days, so often times the material becomes severely outdated when you get it. I must make an exception this month since the markets are tanking so badly.
There is a significant delay in time between when I write this column and the time it gets to you. For this reason I try not to write about market conditions since inevitably the conditions have changed (sometimes dramatically) in the 30 days it takes to get the newsletter from me to you.
[download_link link=”http://www.recoretrading.com/wp-content/uploads/2014/09/October-2014-Newsletter.pdf”]Download Newsletter[/download_link] The first week of September failed to have the usual bump in pricing for flats. This really comes as no surprise since the markets are no longer as predictable as they once were. Who knows where things will go from here but as I write this in early September ferrous is a Read More […]