Download Newsletter We have all enjoyed fantastic converter pricing over the past couple of years. Just this year we saw palladium hit an all-time high. Since the manufacturers have been increasing palladium content in converters over the past 15-20 years the sky high pd prices have put converters at all-time highs.
Download Newsletter Back in January I attended the ARA Annual State Legislative Summit in Nashville, TN as the representative from ATRA of NH. This was a full day of discussion and planning for the year ahead. ARA president Chad Counselman led the meeting. ARA was represented by Chad, Sandy Blalock, Delanne Bernier and Scott Robertson.
Download Newsletter At Recore we buy from a variety of types of suppliers of catalytic converters. Some are salvage yards, some are rebuilders, some are industrial, and some are converter buyers. The vast majority of our suppliers are salvage yards; however, even though they are all categorized as salvage yards, they differ greatly. We see Read More […]
Download Newsletter–https://www.recoretrading.com/wp-content/uploads/2020/02/January-2020-Newsletter.pdf Last year the auto manufacturers started to promote legislation that would serve them greatly and at the same time would put an end to the recycled auto parts business. In a few states they tested passing legislation requiring that the only “approved” parts a repairer could use in the repair of automobiles built Read More […]
Download Newsletter—https://www.recoretrading.com/wp-content/uploads/2020/02/December-2019-Newsletter.pdf As of this writing (early November) palladium continues to impress and in a very big way. As the primary precious metal used in catalytic converters in gas powered vehicles this really affects auto recyclers.
Download Newsletter The past year has seen PGM (platinum group metals used in converters) prices shoot up through the roof. As usual when prices spike, all of a sudden every Johnny Come Lately is a converter buyer who by his own words “pays more than anybody”. Here is what happens: Johnny pulls into a yard Read More […]