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
Metal Scrap prices for Steel and Copper are up a bit this week. See below and article in China where things are getting better, as is the U.S.
Scrap metal prices could be stable over the next months, but sorry we do not know, it could even be up or down! As we have said multiple 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/Commercial customers
3) Demolition Customers
This means if you are a large Commercial, Industrial or Demolition company, you should call our Grant Kiser at 919-710-3805 to discuss prices or call me, Greg at 734-740-9514. We 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! We are not just a Junk Yard or a Salvage Yard, or even a Scrap Yard. We are a major Raleigh NC, Recycling Center.
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 recent article about China.
Export Surge Sets Up Big Surplus for China
By NEIL GOUGH
Published: December 8, 2013
HONG KONG — China’s exports rose more than expected last month, government figures released Sunday showed, as resurgent demand from consumers in the United States and the European Union helped put the Asian manufacturing juggernaut on track for its biggest annual trade surplus since 2008.
China’s exports of goods rose 12.7 percent in November compared with a year earlier, while imports increased 5.3 percent, resulting in a trade surplus for the month of $33.8 billion, according to data from the General Administration of Customs.
The reported export growth outpaced expectations of a 7.1 percent increase, while the increase in imports was less than the 7.2 percent economists had forecast, according to the average estimates from a survey of economists by Thomson Reuters.
Analysts said that although the yearly comparison figures were partly bolstered by companies’ over invoicing — an anomaly of Chinese trade data — the underlying export trends were encouraging.
“The year-on-year growth data overstates the actual export momentum,” Louis Kuijs, the chief China economist at the Royal Bank of Scotland in Hong Kong, wrote Sunday in a research note. “Nonetheless, there are signs that the global activity and trade cycle is gaining momentum, driven by the recovery in high-income countries, and China’s exporters are benefiting from that.”
Improving demand in the West for Chinese goods led to greater-than-expected growth in shipments to major trading partners. China’s exports to the United States rose 17.3 percent last month, while shipments to the European Union rose 18.5 percent, customs figures show.
As a result, China’s trade surplus is soaring to levels not seen in years — a development that could draw scrutiny from Western trading partners.
Dead Cat Bounce: Commodity markets reacted favorably last week on the news a budget pact was reached on a 2 year agreement that stops the threat of a government shutdown in January. In addition we saw GDP growth of 3.6% in Q3 revised from an earlier 2.8%. Consumer spending only advanced 1.4%, he weakest since the recession ended.
The Euro also helped commodities as it jumped to a 5 week high breaking out a $1.35 trading range on the news that ECB President Mario Draghi would keep interest rates at current or lower levels for “an extended period”. Here in the US payrolls rose by a seasonally adjusted 203k while the jobless rate dropped from 7.3% to 7%, mostly due to people leaving the workforce.
Starting Tuesday Fed officials go into a “blackout” period where they stop speaking publically ahead of the December 17-18 Fed policy meeting. November retail sales come out Thursday and the PPI index comes out Friday.