November 2022 Newsletter

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November 15, 2022 To The Loyal Customers of Kimmel Scrap Iron & Metal Co. As we enter the end 2022 many of us look back and think of what we have accomplished and what we wish to change. Many times I think of how we have all compromised on our personal and professional lives to… Read more »

October 2022 Newsletter

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October 14, 2022 To our loyal customers of Kimmel Scrap: We all are watching and reading the local and national news. Recent actions by the Federal Reserve Board in an attempt to keep inflation in check has raised interest rates that banks must pay to borrow money. These costs are carried down to us the… Read more »

September 2022 Newsletter

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September 15, 2022 To our loyal customers of Kimmel Scrap: As we are sure all of you are aware, it is very difficult if not impossible to hire employees for any open positions. It is even more difficult to find people for highly specific areas such as truck drivers. Besides the normal requirements for licensing… Read more »

August 2022 Newsletter

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August 15, 2022 To our loyal customers of Kimmel Scrap: Many of you are aware of how world events and commodity prices are intertwined. Since early March everyone’s world has been turned upside down. Things that make sense historically with commodity prices don’t connect. Raw material prices that soared in April and May have come… Read more »

July 2022 Newsletter

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July 15, 2022 To our loyal customers of Kimmel Scrap: I wanted those of you who generate bush and baling to be aware that the AMM/Fastmarkets announced on June 13, 2022 they will be making a non-market adjustment to the Detroit busheling price that will go into effect August 2022. Why is this being done?… Read more »

June 2022 Newsletter

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June 15, 2022 To our loyal customers of Kimmel Scrap: 2022 continues to be a tumultuous year and many expect it to last into 2023. We are all experiencing difficulties whether they are supply chain issues, lack of staffing, lack of parts, transportation issues and the cost of fuel continues to skyrocket. As a result… Read more »

May 2022 Newsletter

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5-15-2022 To our loyal customers of Kimmel Scrap: It seems that all of our “experts” have a differing interpretations on what is happening and what to expect 3-6-9 months from now. In our industry of recycling, it used to be a $15.00 movement in commodities were seen as a large movement. I have always explained… Read more »

April 2022 Newsletter

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April 13, 2022 To our loyal customers of Kimmel Scrap: This month, I would like to talk about safely loading roll-off and lugger boxes with scrap material, and why it is so important to do it safely. Our roll-off trucks weigh around 70,000 lbs. empty, however, the max legal weight for a 7-axle truck is… Read more »

March 2022 Newsletter

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March 15, 2022 To our loyal customers of Kimmel Scrap: The March scrap market has gone up to prices that have never been seen before and at a pace that has not been seen either. The Russia and Ukraine war has caused worldwide commodity chaos. We saw copper COMEX hit as high as $5.00 per… Read more »

February 2022 Newsletter

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2-15-2022 To our loyal customers of Kimmel Scrap: As we ease our way back to some semblance of normalcy, we all seem to face the issues of labor, parts and raw material shortages. I have talked with many of you regarding longer wait times for service due to lack of truck parts and shortage of… Read more »