Riding the Green Wave: The Unusual Surge in Metal Prices Amid a Strengthening Dollar

Date

Explore the fascinating dynamics of the metal market as we delve into the unexpected rise of copper, nickel, and aluminum prices, despite the strengthening of the US dollar.

This insightful blog post uncovers the factors contributing to the metals market’s ‘green wave,’ including the latest manufacturing PMI report and its implications for the overall economy.

Join us in understanding this unique trend and what it could mean for investors and the industry at large.

Stay informed with our comprehensive analysis on the current state of commodities and economic indicators.

MORE ARTICLES

Acceptable Materials

Appliances including:

  • Stoves
  • Microwaves
  • Washers and Dryers
  • Dishwashers
  • FOR A $20 FEEโ€”Air Conditioners

End of Life Items Including:

  • Hot Water Heaters
  • Machinery (all fluids,pans and cylinders removed)
  • Farm Equipment
  • Farm Machinery
  • Lawnmowers
  • Cast Iron Patio Furniture
  • Cast Iron Outdoor Railing
  • Sheet Metal
  • Steel Wheels
  • Steel

Nonferrous Scrap:

  • Aluminum
  • Aluminum Cans
  • Aluminum Pots and Pans
  • Aluminum Siding/Gutters/Downspouts
  • Aluminum Patio Furniture
  • Aluminum Wheels
  • Aluminum Wire
  • Auto Batteries
  • Brass Fixtures/Lamps Decorative items
  • Cable, Fence and Wire
  • Christmas Lights
  • Copper
  • Copper and Brass Plumbing Pipes
  • Copper and Brass Plumbing Valves and Connectors
  • Copper Tubing
  • Copper Wire
  • Electric Motors
  • Insulated Wire
  • Radiators
  • Screen Doors/Windows (glass removed)
  • Stainless Steel

Prohibited Materials

  • Any Scrap Containing Refrigerants (CFC or HCFC). This includes Freezers and refrigerators. Air Conditioners are accepted for a $20 fee
  • Acetylene Cylinders
  • Asbestos or Asbestos Containing Materials (ACM)- applies to both fibrous and solid materials
  • Cathode Ray Tubes (CRT/tube-style computer monitors or televisions)
  • Closed Compressed Gas Cylinders โ€“ high pressure cylinders with valve intact
  • Combustible or Flammable Materials โ€“ fuels, paints, degreasers, unpunctured aerosol cans
  • Corrosive Materials โ€“ highly acidic or caustic materials (battery acid, caustic soda, etc.)
  • Explosive Materials, Munitions, Shell Casings โ€“ includes suspect military scrap
  • Free Flowing Liquids (including water)
  • Hazardous Waste โ€“ toxic or poisonous materials or wastes
  • Infectious Materials โ€“ blood-soaked or biohazard items
  • Liquids or Scrap Containing Free Flowing Liquids โ€“ fuels, antifreeze, oils, hydraulic fluid, paints
  • Mercury Containing Materials โ€“ mercury-containing thermostats, switches or fluorescent light bulbs
  • Non-Metallic Items โ€“ concrete, wood, asphalt, dirt, debris, tires (more than 5 per auto)
  • PCB-Containing Materials
  • Whole tanks uncut
  • Radioactive Scrap โ€“ anything exhibiting radiation levels above background
  • Scrap with Small Capacitors that contain 50 ppm of PCBs