Tag Archives: buyers of scrap catalytic converters
The latest way they are picking your pocket
In these days of very uncertain times, most of us are very anxious for things to return to normal. What will the new normal be?
Download Newsletter We literally assayed thousands of individual converters and what we found was that the precious metal contained in the same code number varied greatly!
Download Newsletter Yes, this virus has been devastating to our lives and I feel deeply for those who have lost people close to them. The disruption to our lives has been something beyond anything we could have imagined happening in this country.
Download Newsletter Last month I wrote about how fear has such a major effect on the markets. There was a fair amount of fear then but now it is at a level most of us have never seen.
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 […]
Download Newsletter According to worldwide precious metal analysis, the future for recycled palladium is very good. If you sell scrap catalytic converters from gas burning vehicles, you are a key cog in the palladium market wheel.
Download Newsletter https://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 […]
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.