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 »
Posts Categorized: Uncategorized
July 2022 Newsletter
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
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
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
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
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
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 »
January 2022 Newsletter
1/15/2022 To our Valued Friends and Loyal Customers of Kimmel Scrap, Happy New Year! With 2021 in our rear-view mirror, it is difficult to believe that we are still in the midst of the Corona Virus nearly two years after its discovery. The uncertainty this virus has caused not only in our personal lives but… Read more »
December 2021 Newsletter
12/15/2021 To our Valued Friends and Loyal Customers of Kimmel Scrap, Kimmel Scrap would like to wish our customers and friends Happy Holidays and a Merry Christmas. Here we are and we made through another year. The difficulties of 2020 carried over into 2021 and in some cases became even more difficult. We have all… Read more »
January 2021 Newsletter
01/13/2020 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… Read more »