Hello and happy 2018!
So I had a new client come in yesterday and he mentioned my blog as one of the reasons he decided to come to the yard. This of course made me realize how long it's been since I actually bothered to write something...So here I am today, attempting to put words to screen in a vain attempt to get more of you to come to my yard and scrap your metals with me! Did it work? Checking...no. But that's ok, at some point you will stop by and honor me with your scrap metal and trust in my business values :).
So what has happened in the world of scrap since my last post? To start, China decided to stop being the World's garbage taker and upset the scrap markets a bit. Without warning, they instigated a ban on 25 different categories of scrap material due to the amount of non recyclable content on them. Things like insulated wire, electric motors, sealed units and other items that tend to have a lot of byproducts to them are being phased out of processing plants. It isn't 100% yet but it has already shook the market up and will continue to do so as time goes on.
Copper is healthy but not spectacular. It's been relatively steady though and that's a good thing for pricing since we aren't seeing wild fluctuations and having to change the values every day. Aluminum has shown signs of life as well in most categories, not blowing up in price but not sinking either. Smooth and steady I like to say. Of course as I write this I'm getting news of profit taking and a stronger dollar, both of which will affect pricing a bit. But everything I have read to date shows a strong market in 2018, which should translate to stronger pricing on copper and steel. I'll keep you updated via my RZR Recycling Facebook(www.facebook.com/rzrrecycling) page as things develop.
In local news, the weather has been entirely too nice and the AC unit scrap is down considerably from last year. This is bad since I need constant material to keep right side up, but good because we can catch up on last summer's inventory of units that need processing. I actually expect my yard to be close to empty by March, perfect timing as the summer will once again be upon us and I will need every inch for stacking units. But please, don't think I don't want your material, bring it in as often as you can. My employees still need to eat ( I'm good, could use a few skipped meals to be honest) and rent always comes due!
Anyways, feels good to get some ideas down on here, i'll make a greater effort to post more this year. A little feedback would be good, so I don't think I'm writing this for myself and the one gentleman who mentioned it to me yesterday( first mention ever) you know?
Thanks for reading and keep on scrapping! I appreciate it as does the world's climate!