Metal Commodities and Recycling Report, Wilson Metal Recycling, 404 Maury St S, Wilson, NC, 27893, 252-243-3586

Wilson Metal Recycling

Metal Commodities and Recycling Report

March 25th, 2015

404 Maury St S

Wilson, NC, 27893

252-243-3586



This is the Monday Commodities and Recycling report, brought to you by BENLEE the industry leader in roll off trailers and open top scrap trailers, as well as Raleigh and Goldsboro Metal Recycling, the leaders in North Carolina for Scrap Metal, Cardboard, Electronics and Junk Cars. 
Today is Monday, March 30th, 2015.  My name is Greg Brown, President and CEO of the companies.
It was a quiet week in the markets, other than last Monday
Late afternoon last Monday, copper jumped 10 cents on COMEX and stayed there for a number of hours.  Other than that, copper started and ended the week the same way it started, about $2.78 per pound.  On the negative side of copper, sadly copper and copper alloy scrap exports were down 25 percent this January, year over year. Pic
Also, some will say Copper is a key global economic indicator.  For many years, copper has been called either Dr. Metal, or the metal with a PhD.  The Dr. name is due to many say, the health of the economy can be determined by the price of copper.  The PhD name is for PhDs are smart, so they know what is going on, meaning the price of copper is an indication of the strength of the economy.  Put together, things are ok, but not great.  Copper was about 68% higher in April of 2011, versus today.  It was $4.66 per pound in April 2011 and $2.78 today.
metal commodities recycling report
CME Group – Copper Prices Graph
As for steel, for those that missed last week’s report, it’s worth mentioning that about 10 days ago, Steel Dynamics which owns OmniSource the nation’s second largest recycler of metals, issued a profit warning to Wall Street.  They said profits were going to be lower than all had been expecting.  The flood of finished steel coming into the United States from overseas, lower volumes and the lower prices of scrap metal, were the stated reasons.  It was also stated that they would lose money this quarter in Recycling.  Nucor Steel, the second largest steel producer in the United States also issued a profit warning.  They gave the same two reasons as Steel Dynamics and said that their recycling operations would have declining profits.
Related last week there were various meetings in Washington DC with U.S. Senators, the Secretary of Commerce and the U.S Trade representative, to discuss possible dumping of steel into the U.S. from other countries below cost.  As part of this, the President of U.S. Steel has called for congress to act on what he says are these unfair trade practices.
Also, with the new month, steel prices may change this week.  Some say the move could be sideways and there are indications that some prices could be up.  A key issue is, shred feed remains very scarce, due to very low inflows of obsolete scrap.
metal commodities recycling report
AMM – Steel Production Graph
On the positive side, after a huge drop in US steel production, we are now seeing a small increase in production levels. 
With that, scrap metal prices remain at their multi year low. 
metal commodities recycling report
AMM – Scrap Metal Prices Graph
Aluminum after quite the drop in the past year has stabilized and saw some increases last week.  Many feel very good about the price of Aluminum, as the new Ford F 150 ramps up with its all-aluminum exterior.  Related there is word on the street that Chrysler is about to follow with aluminum exteriors.
metal commodities recycling report
AMM – Aluminum Prices Graph
Oil remains a mixed news story.  The oil and gas drilling rig count continues to decline in the United States.
metal commodities recycling report
Market Realist – Oil Rig Count Graph
Orders continue to slow down with steel mills making less steel for drilling rigs.  On the positive side as we continue to say, with prices of fuel remaining low, it is starting to have a positive effect on many parts of the economy as people and companies have more money in their pocket.
As for the recycling industry, there is no good news.  Volumes remain low, with margins going up a bit, not due to less competitive pressure, but due to pure math; as prices go down, margin percent goes up.  In reality though, with volumes down, profits are down.
There were no changes in our scrap metal prices last week in North Carolina, with our Raleigh prices of #1 copper being $2.20 per pound, but could go up this week.  Prepared Steel is still being purchased for $6.25 per hundred pounds.
Lastly, our best wished to Jim Lawrence, in his new role at AMM.

With that we hope all have a Safe and Profitable week.   Tune in next week for the Monday Commodity and Recycling report.

Metal Commodities and Recycling Report, Wilson Metal Recycling, 404 Maury St S, Wilson, NC, 27893, 252-243-3586

Wilson Metal Recycling

Metal Commodities and Recycling Report

March 25th, 2015

404 Maury St S

Wilson, NC, 27893

252-243-3586



Due to technical difficulties, we are not able to post a video of the Monday report.  See below for the Transcript
This is the Monday Commodities and Recycling report, brought to you by BENLEE the industry leader in roll off trailers and open top scrap trailers, as well as Raleigh and Goldsboro Metal Recycling, the leaders in North Carolina for Scrap Metal, Cardboard, Electronics and Junk Cars. 
Today is Monday, March 23th, 2015.  My name is Greg Brown, President and CEO of the companies.
It was a busy week in the Commodities and Recycling industry.
As a highlight on the negative side, Steel Dynamics which owns OmniSource the nation’s second largest recycler of metals, issued a profit warning to Wall Street, meaning profits were going to be lower than all had been expecting.  The flood of finished goods coming into the United States and the lowering of volume and pricing of scrap metal were the stated reasons.  It was stated that they would lose money this quarter (Jan/Feb/March) in Recycling.  Nucor Steel, the second largest steel production company in the United States and the largest recycler also issued a profit warning.  They gave the same two reasons as Steel Dynamics.  Nucor wrote that their recycling operations would have declining profits, but did not say if there was going to be a loss.
On the positive side, copper rose about 10 cents on Friday and has held this price today.  As we have stated here, the U.S. Dollar being strong is one of the reasons copper has declined in price.  On Friday, the dollar was a bit weaker, which was one of the reasons for copper to now be at about a two month high.


wilson metal recycling
Copper Prices – CME Grouo

Aluminum prices after months of declines seem to be steadying, yet some items such as UBSs (beverage cans) are still in decline.

wilson metal recycling
Aluminum Prices – American Metal Markets

Steel prices held their own this week.  As for next month, some are saying that we have hit the bottom, but that is not clear.  We remain at a multi-year low in steel prices.


Wilson Metal Recycling
Steel Prices – American Metal Markets
On the positive side of steel prices, after weeks of declining steel production, there was a slight increase last week in U.S. steel production.

wilson metal recycling
Steel Production – American Iron and Steel Institute


Oil prices remain a major factor in recycling with both positive and negative effects.  Oil hit an 6 year low this past week, which means gas price around the world remain low, which will help fuel consumer demand in the coming months. This means people could buy more cars, trucks and houses, which would help metal prices.  On the negative side, the oil and gas drilling industry continues to be hurt, which means they are buying less steel for their drilling rigs and therefore layoffs at steel mills will continue.  The U.S. oil rig count is now at 866 rigs, compared to 1,473 last year, down an incredible 44 percent.
There were no changes in our scrap metal prices last week in North Carolina, with our Raleigh prices of #1 copper being $2.20 per pound, but we see that prices may go up this week.  Prepared Steel is still being purchased for $6.25 per hundred pounds.
With that we hope all have a Safe and Profitable week.   Tune in next week for the Monday Commodity and Recycling report.

Aluminum Can Recycling! How to Recycle Metal Cans at Wilson Metal Recycling – 404 Maury St S, Wilson, NC, 27893 – 252-243 3586

Wilson Metal Recycling

ALUMINUM CAN RECYCLING

404 Maury St S

Wilson, NC, 27893


aluminum can recycling aluminum scrap metal
Aluminum Cans Ready For Recycling At Wilson Scrap Metal Recycling


DID YOU KNOW…
– 65.1% of aluminum cans produced in 2011 were recycled- that’s about 61 BILLION cans!
– Recycling Aluminum uses less than 10% of the energy needed to make new Aluminum!
– Customers get 3 cents more every Wednesday when they recycle Aluminum Cans at Wilson Metal Recycling! 

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 a list of product specifications CLICK HERE
For a list of What We Buy – CLICK HERE
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“.
Wilson Metal Recycling
-Great Prices
-Outstanding Service
-Industrial Pick Up and Public Drop off
-11 Digital Scales to get you in and out-FAST!
When in Raleigh, Durham, Apex, Butner, Cary, Chapel Hill, Clayton, Dunn, Garner, Henderson, Knightdale, Lumberton, Oxford, Mebane, Morrisville, Roxboro, Sanford, Smithfield, Wake Forest, Burlington, Fayetteville, Fuquay-Varina, come see us at:
When in Goldsboro, LaGrange, Kinston, Mt. Olive, Smithfield, New Bern, come see us at:
Goldsboro Scrap Metal Recycling
801 N. John St.
Goldsboro, NC 27530

Tel: 919-731-5600

www.goldsboroscrapmetalrecycling.com

When in Wilson, NC, Tarboro, NC, Rocky Mount, NC, Greenville, come see us at:

Wilson Scrap Metal Recycling J & G
404 Maury Road S
Wilson, NC, 27892
Tel 252-243 3586

www.wilsonncscrapmetalrecyclingjg.com

Want to JUNK your CAR FOR CASH??!!!
CLICK HERE to check out our Junk and Salvage Car Website


BENLEE Roll Off Trailers For Sale!


Wilson Metal Recycling, 404 Maury St S, Wilson, NC, 27893, 252-243-3586

BATTERY RECYCLING

Wilson Metal Recycling

404 Maury St S

Wilson, NC, 27893

252-243-3586


Battery Recycling is a new and growing part of what we do.  We buy for Recycling almost all types of batteries.  We are the largest buyer of batteries in Wilson County for Recycling.



lead acid battery recycling car batteries
Lead Acid Batteries Are A Valuable Commodity At Wilson Metal Recycling



We buy:
Lead Acid Batteries (Pb) – From Cars, Trucks, Lawn equipment and Power Pack ups.
Lead Acid Industrial (Pb) – From Forklifts or other heavy equipment, can be 800 lbs.+
Li-Ion Batteries – Lithium Ion – Typically from Laptop computers and power tools
Ni-MH Batteries – Nickel Metal Hydride – Typically from Power tools and toys
Ni-Cad Batteries – Nickel Cadmium – Flashlights, General use
UPS-Uninterrupted Power Supply (Lead Acid) – From Computer installations and other
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.
Recycle your batteries at GOLDSBORO METAL RECYCLING! Batteries should be handled with caution, as they contain toxic, poisonous materials.
BRING IN THESE TYPES OF BATTERIES TO ENSURE THEIR SAFE, ENVIRONMENTALLY CONSCIOUS DISPOSAL!!!  
* SORRY WE DO NOT ACCEPT  Alkaline Batteries – Flashlights and toys



For a list of product specifications CLICK HERE
For a list of What We Buy – CLICK HERE
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“.
Wilson Metal Recycling
-Great Prices
-Outstanding Service
-Industrial Pick Up and Public Drop off
-11 Digital Scales to get you in and out-FAST!

 
When in Raleigh, Durham, Apex, Butner, Cary, Chapel Hill, Clayton, Dunn, Garner, Henderson, Knightdale, Lumberton, Oxford, Mebane, Morrisville, Roxboro, Sanford, Smithfield, Wake Forest, Burlington, Fayetteville, Fuquay-Varina, come see us at:



When in Goldsboro, LaGrange, Kinston, Mt. Olive, Smithfield, New Bern, come see us at:


801 N. John St.
Goldsboro, NC 27530

Tel: 919-731-5600

www.goldsboroscrapmetalrecycling.com

When in Wilson, NC, Tarboro, NC, Rocky Mount, NC, Greenville, come see us at:

Wilson Scrap Metal Recycling J & G
404 Maury Road S
Wilson, NC, 27892
Tel 252-243 3586

www.wilsonncscrapmetalrecyclingjg.com



Want to JUNK your CAR FOR CASH??!!!
CLICK HERE to check out our Junk and Salvage Car Website


BENLEE Roll Off Trailers For Sale!

Metal Commodities and Recycling Report, Wilson Metal Recycling, 404 Maury St S, Wilson, NC, 27893, 252-243-3586

Wilson Metal Recycling

Metal Commodities and Recycling Report

Monday, March 16th, 2015

404 Maury St S

Wilson, NC, 27893

252-243-3586


This is the Monday Commodities and Recycling report, brought to you by BENLEE the industry leader in roll off trailers and open top scrap trailers, as well as Raleigh and Goldsboro Metal Recycling, the leaders in North Carolina for Scrap Metal, Cardboard, Electronics and Junk Cars. 
Today is Monday, March 16th, 2015.  My name is Greg Brown, President and CEO of the companies.
It was a quiet week in the commodities markets. 
On the negative side, the oil and gas drilling rig count continued to decline, with Baker Hughes saying rigs in the U.S. are now down an enormous 38% from a year ago, going from 1,809 to 1,125.  This sharp reduction reduces the demand for steel used in these rigs, which continues to cause layoffs in U.S. steel manufacturing.
On the positive side, the weather has greatly improved which will help the demand for steel in construction, cars and trucks, as people wonder out to buy new vehicles.  Despite the terrible weather Automotive sales were actually up last month, so there remains only good news for car and truck production. 
Despite some of the positive economic news, a major drag on steel, copper, aluminum and other commodities, remains the incredible, strength of the U.S. dollar.  It hit yet another 12 year high against the Euro last week of just under $1.05 dollar to the euro, a level not seen since 2003.  The strong dollar continues to hurt scrap metal exports and in fact as discussed last week, has scrap metal coming in from Europe, which is driving down U.S. scrap metal prices.  Related, finished steel goods continue to be shipped to the U.S from overseas, thereby being a key reason that U.S. steel production hit yet another new multi-year low last week.




Prices of scrap steel remained steady last week and there is word in the industry of a bump up in ferrous pricing in April, mainly due to the incredibly poor flows into scrap yards, even though the weather has improved.
Copper prices also remained steady last week, but are still near their multi-year lows. 


Aluminum had a good couple of days toward the end of the week, but it too is near a multi-year low.  



Aluminum may rebound soon in that Aluminum inventories are now at low levels not seen in over 5 years.


Note, there were no changes in our scrap metal prices last week in North Carolina, with our Raleigh prices of #1 copper being $2.20 per pound and Prepared Steel being purchased for $6.25 per hundred pounds.
As for the recycling industry, in recent weeks there have been a number of negative Wall Street reports about some of the major publically traded recycling companies.  The above pricing and currency dynamics are hurting the industry.  At least one small scrap metal recycling operation has announced closing in the past two weeks, shredders are being shut down, there is word of other closings and many operations have cut operating hours to reduce costs.
In a crazy twist, cash flow in some scrap yards has been good in recent weeks.  This is like a false high, in that this positive cash flow was due to very low levels of buying scrap material, so there is little money going out.  Increased profits are not the reason.  This low buying level means profits in scrap yards that have significant retail business will be greatly depressed in March and April.
Lastly, gasoline prices remain well below last year.   Many are still hopeful this will boost overall economic spending and therefore boost metal production and prices around the world.
With that we hope all have a Safe and Profitable week.   Tune in next week for the Monday Commodity and Recycling report.



For a list of product specifications CLICK HERE
For a list of What We Buy – CLICK HERE
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“.
Wilson Metal Recycling
-Great Prices
-Outstanding Service
-Industrial Pick Up and Public Drop off
-11 Digital Scales to get you in and out-FAST!

 
When in Raleigh, Durham, Apex, Butner, Cary, Chapel Hill, Clayton, Dunn, Garner, Henderson, Knightdale, Lumberton, Oxford, Mebane, Morrisville, Roxboro, Sanford, Smithfield, Wake Forest, Burlington, Fayetteville, Fuquay-Varina, come see us at:



When in Goldsboro, LaGrange, Kinston, Mt. Olive, Smithfield, New Bern, come see us at:


801 N. John St.
Goldsboro, NC 27530

Tel: 919-731-5600

www.goldsboroscrapmetalrecycling.com

When in Wilson, NC, Tarboro, NC, Rocky Mount, NC, Greenville, come see us at:

Wilson Scrap Metal Recycling J & G
404 Maury Road S
Wilson, NC, 27892
Tel 252-243 3586

www.wilsonncscrapmetalrecyclingjg.com



Want to JUNK your CAR FOR CASH??!!!
CLICK HERE to check out our Junk and Salvage Car Website


BENLEE Roll Off Trailers For Sale!

COMPUTER AND ELECTRONICS RECYCLING, WILSON METAL RECYCLING, 404 MAURY ST. S, WILSON, NC, 27893, 252-243-3586

COMPUTER AND ELECTRONICS RECYCLING

Wilson METAL RECYCLING

404 maury ST. s, Wilson, NC, 27893

electronic waste, computer waste, recycle
WILSON METAL RECYCLING BUYS OLD COMPUTERS & ELECTRONICS FOR CASH!
Wilson Metal Recycling wants to BUY your old or broken computers and electronics! We recycle “Electronic Waste” in a safe and responsible way- protecting both the population and the environment. North Carolina currently bans Computers and Electronics from entering landfill. Why throw away your Computers and Electronics when you could get CASH for your old or broken items?
At Wilson Metal Recycling, we buy electronic waste one piece at a time or by the truck load! Bring in what you have and we’ll give you cash for it!
Computer and Electronic Recycling is very important because electronics often contain toxic materials that are dangerous if not handled with care. If you want to know how to recycle a computer, just bring it to us! If you are looking for a Computer Recycler, Call us!
For more information on Computer Recycling and Electronics Recycling call us at 252-243-3586.
WILSON METAL RECYCLING CANNOT ACCEPT TELEVISIONS AND COMPUTER MONITORS AT THIS TIME!!!!
IF YOU HAVE A MONITOR THAT NEEDS TO BE RECYCLED, Please bring it to one of these Wilson County Convenience Center* locations:
  • 6044 Bottoms Dairy Rd
  • 4350 US Hwy 117
  • 6655 NC Hwy
  • 91 7531 Healthy Plains Church Rd
  • 6617 Lloyd Rd
  • 5767 Gardners School Rd
  • 4339 Hwy 42 West
  • 5213 Old Stantonsburg Rd
  • 4854 Packhouse Rd
  • 5835 Hwy 264 Alt
  • 6630 Hwy 581
  • 4537 Landfill Rd
  • 2400 Hwy 42 East
*Please Note that you will not receive payment for items recycled at a Wilson County Convenience Center.
We are sorry for the inconvenience. Television and Computer Monitors contain extremely toxic materials and their disposal is a highly monitored, heavily regulated field. We appreciate your commitment to environmental preservation and we look forward to recycling all of your other scrap metals in the future!
For a list of product specifications CLICK HERE
For a list of What We Buy – CLICK HERE
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“.
Wilson Metal Recycling
-Great Prices
-Outstanding Service
-Industrial Pick Up and Public Drop off
-11 Digital Scales to get you in and out-FAST!

 
When in Raleigh, Durham, Apex, Butner, Cary, Chapel Hill, Clayton, Dunn, Garner, Henderson, Knightdale, Lumberton, Oxford, Mebane, Morrisville, Roxboro, Sanford, Smithfield, Wake Forest, Burlington, Fayetteville, Fuquay-Varina, come see us at:



When in Goldsboro, LaGrange, Kinston, Mt. Olive, Smithfield, New Bern, come see us at:


801 N. John St.
Goldsboro, NC 27530

Tel: 919-731-5600

www.goldsboroscrapmetalrecycling.com

When in Wilson, NC, Tarboro, NC, Rocky Mount, NC, Greenville, come see us at:

Wilson Scrap Metal Recycling J & G
404 Maury Road S
Wilson, NC, 27892
Tel 252-243 3586

www.wilsonncscrapmetalrecyclingjg.com



Want to JUNK your CAR FOR CASH??!!!
CLICK HERE to check out our Junk and Salvage Car Website


BENLEE Roll Off Trailers For Sale!

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