Delivered Nonferrous Metals Prices Drop Briefly

Commodity markets started off strong on Monday this week and struggled to remain steady after President Obama's speech on renewable energies.  Stock Market: April 2009Some port markets dropped their offer prices by as much as twenty cents a pound on copper.  Brass prices, a copper alloy, followed the downward market trend as did most other nonferrous scrap metal offers.

nferrous metals continued to contract due to slowed mining production.  Demand for scrap nonferrous metals remained relatively flat most of the week.  Economic recovery in China, Korea and India, seems on track and boosted confidence for scrap metal processors and recyclers in the US late in the week.  Unfortunately, no one knows if the rebound on Friday in nonferrous prices is sustainable.

A few regional scrap metal processors held their offering prices steady during the turbulent market fluctuations. CEO Lily Stubblefield Shoop of Stubblefield Salvage and Recycling, LLC stated, "This is not the time to waver in the wind, but to help our scrap collector customers and established buyers turn a profit. Our firm works hard at building and maintaining collective long-term relationships.  We're here for the long haul and realize our need to support those who supply our processing center with scrap metals of all kinds, as well as those who have committed their firms to high top-of-the-market buy offers."

The new reality, as some economists and commentators have come to call the world of unemployment, decreasing real estate values and wobbling stock markets, is that the US now produces merely twenty percent of the gross world product vs. more than 50% just a few short years ago.  Accordingly much of the demand for scrap and recycled metals has move away form the US to international markets.  US manufacturers are now forced to compete with overseas factories for the limited amount of raw resources or recycled metals scrap collectors and scrap processors produce.

In the 1990's world demand may have meant much higher scrap metal prices, such as those seen in early to mid 2008. Instead established world economies are reeling out of control and consumer concerns are driving down demand. Fortunately there is a silver lining for scrap collectors and scrap processors: mining for natural resources is much more expensive than processing recyclable metals.

The new reality for scrap metal processors and scrap metal collectors is to be agile and smart.  Survival in today's world markets demands better prepared metals, cleaner and smarter separation of scrap materials.  Old timers in the scrap metal industry like our father, Emory Stubblefield, treated it like a business worth a hard day of work for an honest day's pay.  Scrap metal processing paid the bills in our family for more than 60 years and has helped many others along the way.

In good times and not-so-good times, there is always a market for scrap metal.  A few regional firms like Stubblefield Salvage and Recycling, LLC at 980 Myra Road in Walla Walla, Washington continue to search out the best world markets and pass along their knowledge, expertise and high prices to scrap collectors in Montana, Idaho, Oregon and Washington.

Premium loads of well-prepared, clean ferrous and nonferrous scrap metal delivered to our processing center can increase your profits by as much as 25%.  Scrap collectors are invited to earn more with our same day processing philosophy and extended market reach.  You will always be treated honestly, greeted with prompt friendly service and guaranteed the highest regional price for your scrap metals.