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 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.
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 […]