Today’s Scrap Metal Prices

Today’s Scrap Metal Prices
in Goldsboro, NC, LaGrange, NC
Today’s scrap metal prices are somewhat stable as I write this.  As always working hard to pay all our customers the most possible.
Demolition/ Industrial Customers-We have the largest fleet of trucks and trailers in Eastern NC picking up material daily from sites.
Public Welcome-We have Digital 5 scales that service our customer base, so we have the fastest and most accurate operation in the area.
Today’s scrap metal prices-Just call 919-731-5600 to get prices for:
-Cast Iron
-Junk Cars
-Salvage Cars
-and more
One of the major Aluminum company’s wrote the following last week which we are passing on.
The European economy grew at 1.1% on an annualized rate in Q2, still too sluggish to overcome mass unemployment, still rising debt, and hobbled banks. The German economy grew .7% and France.5%, but Italy, Spain, and Greece contracted again.
The US unemployment claims last week were the lowest since 2007, a strong enough number that rattled markets around the globe.  The Dow dropped 2 days in a row, bond yields in the US and Germany jumped to multiyear highs, and even the Bombay Stock Exchange dropped 4%.  Traders around the world now fear that the Fed will tighten monetary policy sooner rather than later. Signals are still mixed as retail sales climbed .4% increasing for the 4th consecutive month, but retailers Wal-Mart, Kohl’s, and Macys all warned of weaker sales and reduced profit forecasts going forward.
Metals continue to defy gravity as they keep moving up, backed by a continued strong Euro.  Aluminum has moved $174 since the end of July, the question remains is this the start of a trend or is a correction/profit taking right around the bend?
When in Goldsboro, LaGrange, Kinston, Mt. Olive, come see us at:
Goldsboro Recycling
801 N. John Street
Goldsboro, NC, 27530
Tel 919-731-5600
When in Raleigh, Durham, Clayton, Smithfield, Henderson, Wake Forest, Fayetteville, come see us at:
Raleigh Recycling
2310 Garner Road
Raleigh, NC 27610
Tel 919-828-5426


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