Raleigh, NC Scrap Metal Prices
Copper and Aluminum
Copper and Aluminum scrap metal prices had to come down this morning here at Raleigh Metal Recycling. While prices have been somewhat steady for about three weeks, the global markets changed dramatically in the past 24 hours to the point that we had no choice but to lower prices. China’s stock market has fallen almost 20% in recent weeks and stabilized today, but it still down a major amount.
Greece has major debt problems with it banks closed and the rest of the world is trying to figure out what to do, so with that Copper, Aluminum, Oil and other products around the world have dropped significantly.