Value of fragmented scrap tumbles by 76.4% in resale
Nov 14, 2008 | 04:44 AM
| Paul Schaffer
A year's worth of shredded aluminum and circuit board fragments from South Carolina that was supposed to sell at $2.46 a pound went back to the auction block this past week. The new price came in 76.4 percent lower, at 58 cents a pound.
That result, superseding a September auction by the military, is a symptom of plummeting metal values.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.