Today’s Scrap Metal Prices
in Raleigh, NC, Durham, NC
-Industrial and Public Welcome
-11 Digital Scales to get you in and out-FAST!
-Junk Cars-We TOW, or you Drive in, or Tow in
Scrap Copper prices are up a bit this week. We raised them a few days ago, but we did as said, last week lower the “shredder” prices due to the lower prices, of metals such as Aluminum that come out of this material. Copper prices are a bit lower than they have been in recent weeks. We are not sure when they will go back up yet.
Prices could be stable over the next months, but sorry we do not know, it could even be up! As we have said many times, for items like copper, you can actually go to websites like www.cmegroup.com and watch the price of copper change every few seconds during the week. There is word that copper could slowly go down next year. Steel as many know usually changes once a month, but there is even no certainty to that.
At Raleigh Metal Recycling here in North Carolina, NC, our goal remains to do our best to pay you the most for scrap metal every day. We also try to communicate the price to make it easy for you. When you call our phone number 919-828-5426 and press 2, you will hear a recording with “Today’s prices” where we buy and sell scrap metal at great prices per pound. This is for:
We continue to have a twin focus at Raleigh Recycling
2) Industrial/Demolition customers
This means if you are a large Commercial or Industrial company, you should call our Grant Kiser at 919-710-3805 to discuss prices. He can give you prices for scrap metal, Cardboard, Copper, Computers and more.
Or for just Appliances or Junk Metal removal, just call Kenny at 919-348-0545!
An important part of our company is that we have 11 digital, NC State certified scales that we use to service our Industrial and Commercial Customers. Almost double our closest competitor, meaning we get you in and out fast and with accuracy!
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!
JUNK CARS, Salvage Cars
1) WE TOW-JUNK CAR-JUNK CAR REMOVAL
-Get Cash on the spot
-Any condition, running or not running
-Keys or no keys, engine or no engine
-Call 919-348-0545 for JUNK CAR REMOVAL!
2) Drive it in, or you tow it in!
-Get Cash on the spot
-In and out fast!
Come to us at:
Raleigh Metal Recycling
2310 Garner Road
Raleigh, NC 27610
When in Raleigh, Durham, Apex, Clayton, Henderson, Oxford, Morrisville, Smithfield, Wake Forest, Burlington, Fayetteville, come see us at:
2310 Garner Rd.
Raleigh, NC 27610
When in Goldsboro, LaGrange, Kinston, Mt. Olive, Smithfield, New Bern, come see us at:Goldsboro Recycling
801 N. John St.
Goldsboro, NC 27530
Lastly, see below. Some thoughts on the economy from a key vender we deal with.
Bubble? Nasdaq closed above 4000 for the first time in 13 years on Tuesday at 4017.75, up 33% for the year. The last time it closed above 4000 was at the end of the Dot Com boom on Sept 7, 2000. The Dow and S&P 500 have risen in 8 consecutive weeks, the longest streak in 2 years; all due to the expectation interest rates will remain low in an effort to bolster economic growth. Many are questioning whether this is just s bubble or if this rally is sustainable. While the stock market was moving higher, aluminum moved lower with cash closing 1696.5 on Friday, breaching the 1700 floor we have seen as support.
Markets will react Monday on China’s PMI data reading of 51.4 in November beating the expectation of 51.1 and the HSBC at 50.8 down from 50.9. One negative factor for markets is the escalating air standoff over the disputed islands in the East China Sea. China, the US and Japan have been dispatching jets in that airspace in a public display of military resolve that is making it hard for anyone to back down without losing face. As we all know, financial markets do not like political turmoil. Other market moving factors this week will be November auto sales, October new home sales and consumer spending, and on Friday is nonfarm payrolls and unemployment for November.