FORT WORTH, TX, November 06, 2008
/24-7PressRelease/ -- In the last six weeks, scrap steel prices have fallen 60% to about $400 a ton. According to World Steal Dynamics metals analyst
Peter Marcus, as quoted in the October 24th
Wall Street Journal, "We aren't near the bottom yet."
"Falling scrap prices have lessened competition from scrap metal dealers for wrecked cars, but they also have reduced what auto recyclers get for crushed cars," said
Ron Sturgeon, founder and principal consultant at
AutoSalvageConsultant.com.
"Commodity prices can change very quickly and salvage yard operators need the latest industry information so that they can spot trends and make good business decisions," noted Sturgeon.
"Newspapers like the Wall Street Journal are superb, but they cover auto salvage as one of thousands of industries," he said. "Our newsletter is devoted exclusively to covering auto recycling news, and our articles give recyclers practical advice for improving their operations."
AutoSalvageConsultants.com has published the free email newsletter since 2001. Past issues are archived on the site. To subscribe to the free Auto Salvage Consultant newsletter, visit
http://www.autosalvageconsultant.com/subscribe.htm.
About AutoSalvageConsultant.com
AutoSalvageConsultant.com is headquartered at 5940 Eden Road in Haltom City, Texas. They have been providing consulting and training to the salvage industry since 2001. Ron Sturgeon, principal consultant and founder, is a 30-year veteran of the auto salvage industry. He was a leader in forming the United Recyclers Group,
an auto recycling industry association, and its first president. As a salvage operator, he grew a single yard into one of the largest auto recycling operations in Texas before selling to Ford Motor Company in 1999. Contact the company at 817.99-0980 or
jenniferk@rdsinvestments.
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