Saudi Arabia Hurries to Reinvent Itself for an Era of Low Oil

From: Saudi Arabia Hurries to Reinvent Itself for an Era of Low Oil By: Ben Holland Saudi Arabia, one of the most tradition-bound societies on the planet, where family structure and tribal patriarchy differ little from a century ago, is suddenly in a hurry. It has done more in the past week than in most years.

Market & Metals

Scrap Metal Market Watch: January 2016

Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have declined. We’ve seen a decrease of 2.61% over the past month, a decline of 42.74% over the past year, and a decline of 59.89% over the past two years. This trend may be observed below: Chart | Scrap Metal Market Trends

Market & Metals

Scrap Metal Market Watch: 4th Quarter 2015

Scrap Metal Market Watch graph from first quarter 2011 to fourth quarter 2015 Over last quarter, scrap metal prices for crushed auto bodies declined 11.81%. Over Q4 2014, scrap metal prices for crushed auto bodies declined 40.23%. Over Q4 2013, scrap metal prices for crushed auto bodies declined 55.03%. Over Q4 2012, scrap metal prices for

Market & Metals

Scrap Metal Market Watch: December 2015

Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have declined. We’ve seen a decrease of 3.85% over the past month, a decline of 41.92% over the past year, and a decline of 63.09% over the past two years. This trend may be observed below: Chart | Scrap Metal Market Trends

Iron Ore Bludgeoned to Record Low in Asia on China Steel Concern

From: Iron Ore Bludgeoned to Record Low in Asia on China Steel Concern By: Jasmine Ng Iron ore contracts in Asia slumped to records amid speculation that mills in China are reining in steel production as they battle losses, slumping prices and tighter credit, hurting demand for the raw material that’s mainly shipped from Australia and

American Recycler: Auto Recyclers Facing Rough Roads

From: Auto Recyclers Facing Rough Roads By: Mike Breslin Back in January 2012 American Recycler published an article penned by Mark Henricks titled Rough Roads Ahead about the problem of auto recyclers acquiring cars. At that time, it was the number one issue facing recyclers. Five years later, we followed up with Michael E. Wilson, chief

Market & Metals

Scrap Metal Market Watch: November 2015

Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have declined. We’ve seen a decrease of 3.39% over the past month, a decline of 48.67% over the past year, and a decline of 59.51% over the past two years. This trend may be observed below: Chart | Scrap Metal Market Trends

China Steel Prices Demand Decline

Bloomberg: China Steel Head Says Demand Slumping at Unprecedented Speed

From: China Steel Head Says Demand Slumping at Unprecedented Speed (Bloomberg) By Bloomberg News If anyone doubted the magnitude of the crisis facing the world’s largest steel industry, listening to Zhu Jimin would put them right, fast. Demand is collapsing along with prices, banks are tightening lending and losses are stacking up, the deputy head of the

Market & Metals

Scrap Metal Market Watch: October 2015

Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have remained steady from last month. We’ve seen no change over the previous month, a decrease of 50.28% over the past year, and a decline by 58.29% over the past two years. This trend may be observed below: Chart | Scrap Metal Market Trends