|Got Some of These? Bring Them to Wilson Metal Recycling for the Most Cash!
HOW TO RECYCLE CANS AT WILSON METAL RECYCLING
At Wilson Metal Recycling we have an ALUMINUM CAN MACHINE. To recycle your aluminum cans, enter through the doorway and go left. Then, empty a bag or two into one of the baskets next to the can machine. Do a quick double-check to make sure there aren’t any plastic bottles or steel soup cans in your load, and then you’ll be almost done. One of our friendly staff will be there to get your cans weighed, and then he’ll give you a weight ticket that you’ll present to a scale operator in the room next door.
EXTRA CASH FOR ALUMINUM CANS ON WEDNESDAYS AND FOR NEW CUSTOMERS!
Every Wednesday and for all new customers, any day, get 3 cents more a pound for your cans. Wednesday is Can Day!
For Fair Weights, Best Prices, and Great Service – Come to Wilson SCRAP METAL RECYCLING Today!
For today’s prices call our main number at 252-243-3586 and after the Greeting, Press 2, you will hear a recording of “Today’s Prices“.
-Industrial Pick Up and Public Drop off
-11 Digital Scales to get you in and out-FAST!
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Scrap Metal Copper prices may have stabilized after years of declines. The below talks about that supply issues that could support prices. While it is clear China growth has slowed, the issue of not enough copper mining and supply problems could mean higher prices.
As stated, at Wilson Metal Recycling we will continue to do our best to pay you the most for your scrap metal.
|Wilson Metal Recycling – Copper Scrap Metal Prices
The current bearish sentiment toward copper is being driven by concerns about China’s economy slowing with the market ignoring the fact that mine supply is looking increasingly constrained, Citibank’s research department said Tuesday. Over the last decade, average global copper consumption growth has been in the region of 2.5% a year, “a remarkably low average given the strong growth in China consumption rates. This average annual rate is less than half that for aluminium.” Analyst at the bank David Wilson said that two factors have been at work to limit the rate of global copper demand growth. “Firstly, the strong Chinese demand rates effectively cannibalized demand growth in the Western World, due to the dramatic trend in manufacturing outsourcing to China, a trend that is now beginning to reverse. However, more important was the lack of significant copper supply growth, with mine supply averaging less than 2.5% over the last decade, effectively constraining demand growth,” he said.
The investment bank’s view is that copper mine supply is likely to “significantly underwhelm in 2015, just as it was in 2014.” The start of 2014 saw a wave of analysts and market pundits predicting a hefty mine supply surplus. This stacked up as raw material, or copper concentrate, hitting a bottleneck at the smelting stage and thus no huge overhang of refined metal. By the end of 2014 the market’s view had reversed.
“Reductions in 2015 production guidance for major copper mines have been coming thick and fast, with Rio cutting Kennecott’s [Utah] expected output by 100,000 mt, BHP cutting 150,000 mt from Escondida’s [Chile] 2015 outlook, while Glencore has cut guidance at Minera Alumbrera [Argentina] by 50,000 mt,” (Kalenn’s add in:BHP Olympic Dam reductions as well) Wilson said. The analyst reeled off a number of other closures in the research note adding that, “the current focus on Chinese macro-economic indicators represents, in our view, a significant misunderstanding of copper supply and thus copper market drivers.”
Based on the bank’s data, annualized losses due to declining ore grades, technical difficulties and cost/price related closures, are already at [circa]530,000 mt less than two months into 2015, close to [circa] 60% of typical statistical loss allowances for the year.
“This factor alone suggests supply factors will be key in divining copper prices in the year ahead,” the note said. Citi is forecasting a mine supply growth rate of only 1.3% in 2015 from 2014, “a factor that will significantly inhibit refined production growth going forward. We expect increasing supply problems to be highly supportive of copper prices in the second half of the year, and continue to target a return to $7,000/mt levels before year-end.” Copper was the worst performing London Metal Exchange base metal contract in 2014, down around 14% on year. There is much talk in the market of the copper price heading towards $5,000/mt in 2015. The metal hit a 2015 year-to-date intraday three-month price low of $5,339.50/mt in January. The contract closed the Monday LME kerb session untraded, last bid at $5,671/mt.
–Ben Kilbey, firstname.lastname@example.org
–Edited by Jonathan Dart, email@example.com “
Battery Recycling is a new and growing part of what we do at Wilson Metal Recycling. Batteries are extremely toxic to the environment when not properly recycled. Help keep North Carolina Green and BRING YOUR BATTERIES TO WILSON METAL RECYCLING! We buy almost all types of Batteries for Recycling.
· Lead Acid Batteries : found in Cars, Trucks, Forklifts, Computer Back ups (Pb)
· Lithium Ion (Li-Ion
) Batteries : found in Cell Phones & some Computers
· Nickel Metal Hydride (Ni-MH ) Batteries : found in some Computers
· Nickel Cadmium (Ni-Cad) Batteries : found in Flashlights (Batteries for general use)
|We Pay Cash for Lead Acid Batteries at Wilson Metal Recycling
For major companies we offer a pickup service and for others we have fast drive in service. All our scales are digital and we get you in and out fast.
Battery recycling is important for a couple reasons.
1. Lead Acid batteries used in most cars, UPS devices and more, have sulfuric acid in them, so they are dangerous. They can cause you to go blind and burn you severely. Also, lead itself can cause damage to your nervous system, so getting batteries out of the waste stream is important for health and safety.
2. Other batteries like Lithium and Ni-Metal Halide have what are called ‘rare earth’ elements and are very expensive. Also, much of them come from China and Russia, so we have to pay to import them. The less we import the better for our U.S. economy.