Friday, January 30, 2015

Scrap Prices and Junk Cars!

Scrap Prices and Junk Cars!

Everyone asks us daily, why are junk car prices going down?  Why is scrap down?  The answer is pretty simple really.  The price of steel is down, so the price of scrap metal is down.  When the price of steel goes up, the price of junk cars will go up too. 

Why is the price of steel dropping?  Here are some good articles to read that explain it really well.

China Steel Factories

Steel Prices Drop

Oil Prices Weakening Steel Industry

Hopefully the prices will be back up in a few months, but we are still paying top dollar for junk cars.  Give us a call if we can help you.  (317) 454-3202.


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