To our Valued Friends and Loyal Customers of Kimmel Scrap,
Happy New Year!
With 2020 firmly behind us and a New Year beginning we are seeing quite the change in the scrap metal world. After months of suppressed steel scrap pricing we saw a historical increase in December followed by another historical increase in January. Depending on the grade the two month increase was anywhere from $100gt-$170gt. We’ve also seen increases in the non-ferrous markets as well with copper, stainless and aluminum prices all trending upwards. The first quarter of 2021 is forecasted to continue near these levels. As we take advantage of these better scrap prices we have to protect ourselves as well. As they say, “what goes up must come down.” If you are stockpiling certain material waiting to get the best price possible for your scrap please feel free to reach out to us for recommendations on selling or holding. We are watching the markets daily and want to help you get the most value for your scrap metal.
This is also a time to be careful of offers that are “too good to be true.” Kimmel Scrap will always do what is in the best interest of you, the customer. If you believe you’ve received a too good to be true offer and would like to discuss please feel free to call us. We will always steer you in the right direction giving you honest and unfettered advice.
We wish you a Happy New Year and look forward bigger and better 2021.
When you do need service we provide many options. You can call our office at 313-934-1100, fax 313-934-2141, email email@example.com or by using our website kimmelscrap.com.
T.J. Yarema 103