2) Industrial/Commercial customers
Here at Wilson Metal Recycling J&G, importantly, we sell direct to steel mills or divisions of steel mills, not to middle men who take a commission, so we pass that savings on to you! If you want to know who buys scrap metal, call us! We are not just a junk yard or a Salvage Yard, we are Wilson recycling at its best.
Wilson Scrap Metal Recycling
404 Maury Road
Wilson, NC, 27892
Tel 252-243 3586
2310 Garner Rd.
Raleigh, NC 27610
When in Goldsboro, LaGrange, Kinston, Mt. Olive, Smithfield, New Bern, come see us at:
801 N. John St.
Goldsboro, NC 27530
If you are looking for a Wilson recycling center, come see us at Wilson Metal Recycling. We love aluminum cans, copper wire and all scrap metal!
ASIA METALS – Base metals prices drift lower as overnight data was a non-event
Singapore 17/01/2014 – The base metals prices are drifting lower on Friday Asian trade, with Thursday’s close already showing sentiments mixed amidst lack of news driven directional trade.
Thursday’s data release overnight were all broadly in line with expectations – US core CPI, CPI and unemployment claims were at 0.1 percent, 0.3 percent and 326,000 respectively.
The Philly Fed manufacturing index rose to 9.4, a three-month high, beating the forecast for a rise to 8.8. This follows yesterday’s stronger-than-expected Empire State manufacturing data.
German final CPI was as expected 0.4 percent as was EU CPI at 0.8 percent but the Italian trade balance undershot at 3.09 billion euros. EU CPI and core CPI also missed forecasts.
In the metals, the copper price at $7,307 per tonne was down $3 on Thursday’s close. Stocks halted the downward trend that stretches back more than two months, rising a net 575 tonnes to 336,825 tonnes, although they stand just above one-year lows. Cancelled warrants fell 3,925 tonnes to 195,700 tonnes.
The Chilean port strike may be on the verge of escalating after more stevedores threatened to join, while striking workers are slowing shipments from operating terminals, local sources said on Thursday.
“We only expect that more and more unions support the stevedores,” a local shipping agent said in an email seen by FastMarkets. “We are closer to a national strike than reaching agreements between the concerned parties.”
Tightness remains in the forward curve, with cash/threes, Cash/Feb and Feb/March in respective backwardations of $26, $12 and $7.
“Given the generally tight supply in Copper any interruption in production will have an impact on the market,” Triland said, highlighting the continuing Chilean port strike and a tight scrap market.
The aluminium price closed $14 higher at $1,798 but has now lost $3, although it had peaked to a high of $1,809 on Thursday, despite a substantial stock increase of 38,800 tonnes to 5,492,325 tonnes – a fresh all-time high – due to metal arriving in Vlissingen.
Nickel at $14,638 is $53 lower at the close; while stocks declined 654 tonnes to 261,246 tonnes, cancelled warrants rose 4,362 tonnes to 107,202 tonnes.“Nickel continues to perform well as macro and technical players alike cover short positions following the implementation of the Indonesian ore export ban,” said analysts at RBC Capital.
The lead price ended at $2,197 and is now $10 lower even after stocks edged 500 tonnes lower to 211,000 tonnes. Sister metal zinc was down $1 at $2,073 – stocks fell a further 4,000 tonnes to 888,050 tonnes.
The tin price concluded at $22,430, up $5, after a 50-tonne stock drop to the lowest since February 15, 2012.
– See more at: http://www.fastmarkets.com/base-metals-news/69764-0-en#sthash.8jh1ulbn.dpuf