Raleigh, NC
Today's Scrap Metal Prices
Cary, NC, Durham, NC
Recycling -1/29/14
-Great Prices
-Outstanding Service
-Industrial Pick Up and Public Drop off
-11 Digital Scales to get you in and out-FAST!
-Junk Cars-We TOW, or you Drive in, or Tow in
Scrap metal prices are down this week. While demand for steel in the U.S. is OK, demand from China and Europe for scrap metal is down, so the price we sell for is coming down, meaning, we have no choice, but o pay less. Steel had continued to stay high but that has changed. Note though that due to the significantly lower prices of Copper and Aluminum in recent months, prices for items such as appliances, and mixed metals have come down as well.
Also, see below, an article on how China has an oversupply of steel which hurts prices. Too much supply, lower prices.
Raleigh Metal Recycling here in Raleigh, NC, we always do our best to pay you the most for scrap metal every day. We communicate 24/7 with you, our prices 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:
-Steel Recycling
-Cast Iron Recycling
-Copper Recycling
-Yellow Brass Recycling
-Red Brass Recycling
-Aluminum Recycling
-Aluminum Can Recycling
-Appliance Recycling
-Computer Recycling
-Electronics Recycling
-Junk Cars
-Salvage Cars
-Junk Cars
-Salvage Cars
-Stainless Steel Recycling
-Battery Recycling
-and more.
We continue to have a three part focus at Raleigh Recycling
1) Public (Drop off)-or we pick up Junk Cars
2) Industrial/Commercial customers
1) Public (Drop off)-or we pick up Junk Cars
2) Industrial/Commercial customers
3) Demolition Customers
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, Electronics, Computers and more.
Or for just Appliances Disposal 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! We even ship our steel out mostly by rail car (not trucks) to save money in shipping, which we pass on to you
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! We even ship our steel out mostly by rail car (not trucks) to save money in shipping, which we pass 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 919-758-3764 for JUNK CAR REMOVAL, Junk Car Towing!
2) Drive it in, or you tow it in!
-Get Cash on the spot
-Any condition
-In and out fast!
Come to us at:
Raleigh Metal Recycling
2310 Garner Road
Raleigh, NC 27610
Telephone- 919-828-5426
When in Raleigh, Durham, Apex, Butner, Cary, Chapel Hill, Clayton, Dunn, Garner, Henderson, Knightdale, Lumberton, Oxford, Mebane, Morrisville, Roxboro, Sanford, Smithfield, Wake Forest, Burlington, Fayetteville, Fuquay-Varina, come see us at:
Raleigh Recycling
2310 Garner Rd.
Raleigh, NC 27610
Tel 919-828-5426
www.raleighscrapmetalrecycling.com
When in Goldsboro, LaGrange, Kinston, Mt. Olive, Smithfield, New Bern, come see us at:
Goldsboro Recycling
801 N. John St.
Goldsboro, NC 27530
Tel: 919-731-5600
When in Goldsboro, LaGrange, Kinston, Mt. Olive, Smithfield, New Bern, come see us at:
Goldsboro Recycling
801 N. John St.
Goldsboro, NC 27530
Tel: 919-731-5600
www.goldsboroscrapmetalrecycling.com
When in Wilson, NC, Tarboro, NC, Rocky Mount, NC, come see us at:
Wilson Scrap Metal Recycling J & G
404 Maury Road S
Wilson, NC, 27892
Tel 252-243 3586
www.wilsonncscrapmetalrecyclingjg.com
When in Wilson, NC, Tarboro, NC, Rocky Mount, NC, come see us at:
Wilson Scrap Metal Recycling J & G
404 Maury Road S
Wilson, NC, 27892
Tel 252-243 3586
www.wilsonncscrapmetalrecyclingjg.com
Greg Brown
gbrown@raleighscrapmetalrecycling.com
Tel 919-828-5426
Links
Scrap Metal Recycling
Junk Car Sell for cash, Junk Car Removal
China Gerui Advanced Materials Group Limited a leading high precision, cold rolled steel producer in China announced commented on the Chinese Government's recent accelerated initiatives to restructure its steel industry.
Mr Mingwang Lu chairman and CEO of China Gerui said that "The planned restructuring of the steel industry places China Gerui in a beneficial position by regaining a much needed supply demand equilibrium in the sector which would stabilize pricing over the long run."
He said that "We believe that as a high end niche cold rolled specialty steel producer, we will have the opportunity to enter new markets with improved raw material availability and cost structure which will ultimately result in improved gross margins over time."
China's 12th Five Year Plan is emphasizing merger and acquisition activity in the steel industry to create larger, more efficient steel companies with a greater emphasis on high end steel products. China's steel industry is the world's largest but its estimated oversupply of approximately 100 million tonnes to 200 million tonnes and fragmented structure has resulted in its inability to win pricing concessions from large international iron ore producers.
Following the third Plenary Session of the 18th CPC Central Committee held in November 2013, China has accelerated its initiatives in restructuring the steel industry with the objective to reduce overall steel production capacity by 80 million tonnes before 2018. The government's determination has been evidenced by the recently announced capacity reduction in Hebei Province whose total output accounts for approximately twenty-five percent of the national output.
The Government's new policy is to merge smaller producers or to shut them down completely, which will also have the effect of strengthening the bargaining position of Chinese steel companies with the industry's large international iron ore raw material suppliers. It can be expected that as the steel supply demand ratio moves into equilibrium, steel prices will recover from historical lows and combined with lower negotiated material costs, higher profitability and margins should result for remaining Chinese steel producers.
Further, according to China's Ministry of Information and Information Technology, approximately 400 million tonnes of steel producing capacity in China out of a total production capacity of 970 million never received full approval from the national Development and Reform Commission or fulfilled other legal requirements such as permission to access loans among other necessary requirements. It is likely that while some of this illegal capacity will be allowed to become legal, other operations will be terminated.
The planned consolidation of the steel industry is focused on the upper stream of the value chain, which will beneficially impact raw material suppliers to companies like China Gerui. The resulting higher raw material costs should eliminate low efficiency, poorly capitalized cold-rolled steel producers which would provide an opportunity for China Gerui to capture additional market share. With its high technology, high end cold rolled steel products, the Company looks to be a beneficiary of the planned changes and is well positioned to penetrate new markets to generate substantial future growth.
Mr Mingwang Lu chairman and CEO of China Gerui said that "We are in the enviable position of being a premier high end specialty steel producer where our business objectives are completely aligned with the Government's restructuring plans. Once the Chinese steel industry begins to regain its supply-demand balance, our broad portfolio of high value, specialty steel niche products will enable us to focus on high growth steel markets, increase the utilization of our capacity and generate greater profitability. We are confident that a rational operating environment will allow us to more fully realize our revenue growth and earnings capabilities enabled by the successful execution of our strategic growth plan."
Source – Strategic Research Institute
gbrown@raleighscrapmetalrecycling.com
Tel 919-828-5426
Links
Scrap Metal Recycling
Junk Car Sell for cash, Junk Car Removal
China Gerui Advanced Materials Group Limited a leading high precision, cold rolled steel producer in China announced commented on the Chinese Government's recent accelerated initiatives to restructure its steel industry.
Mr Mingwang Lu chairman and CEO of China Gerui said that "The planned restructuring of the steel industry places China Gerui in a beneficial position by regaining a much needed supply demand equilibrium in the sector which would stabilize pricing over the long run."
He said that "We believe that as a high end niche cold rolled specialty steel producer, we will have the opportunity to enter new markets with improved raw material availability and cost structure which will ultimately result in improved gross margins over time."
China's 12th Five Year Plan is emphasizing merger and acquisition activity in the steel industry to create larger, more efficient steel companies with a greater emphasis on high end steel products. China's steel industry is the world's largest but its estimated oversupply of approximately 100 million tonnes to 200 million tonnes and fragmented structure has resulted in its inability to win pricing concessions from large international iron ore producers.
Following the third Plenary Session of the 18th CPC Central Committee held in November 2013, China has accelerated its initiatives in restructuring the steel industry with the objective to reduce overall steel production capacity by 80 million tonnes before 2018. The government's determination has been evidenced by the recently announced capacity reduction in Hebei Province whose total output accounts for approximately twenty-five percent of the national output.
The Government's new policy is to merge smaller producers or to shut them down completely, which will also have the effect of strengthening the bargaining position of Chinese steel companies with the industry's large international iron ore raw material suppliers. It can be expected that as the steel supply demand ratio moves into equilibrium, steel prices will recover from historical lows and combined with lower negotiated material costs, higher profitability and margins should result for remaining Chinese steel producers.
Further, according to China's Ministry of Information and Information Technology, approximately 400 million tonnes of steel producing capacity in China out of a total production capacity of 970 million never received full approval from the national Development and Reform Commission or fulfilled other legal requirements such as permission to access loans among other necessary requirements. It is likely that while some of this illegal capacity will be allowed to become legal, other operations will be terminated.
The planned consolidation of the steel industry is focused on the upper stream of the value chain, which will beneficially impact raw material suppliers to companies like China Gerui. The resulting higher raw material costs should eliminate low efficiency, poorly capitalized cold-rolled steel producers which would provide an opportunity for China Gerui to capture additional market share. With its high technology, high end cold rolled steel products, the Company looks to be a beneficiary of the planned changes and is well positioned to penetrate new markets to generate substantial future growth.
Mr Mingwang Lu chairman and CEO of China Gerui said that "We are in the enviable position of being a premier high end specialty steel producer where our business objectives are completely aligned with the Government's restructuring plans. Once the Chinese steel industry begins to regain its supply-demand balance, our broad portfolio of high value, specialty steel niche products will enable us to focus on high growth steel markets, increase the utilization of our capacity and generate greater profitability. We are confident that a rational operating environment will allow us to more fully realize our revenue growth and earnings capabilities enabled by the successful execution of our strategic growth plan."
Source – Strategic Research Institute
