Recycling News

There are some very successful stories coming out of the recycling industry lately. The one that is in the news today is the nearly perfect rate of recycling for lead acid batteries. These are the batteries that are in your car, lawn mower, motorcycle etc. They can be found in sizes ranging from a few pounds up to steel case batteries in forklifts weighing thousands of pounds.

 

Battery Council International (BCI), Chicago, and Essential Energy Everyday have released a study showing lead batteries have a recycling rate of 99.3 percent, making them the No. 1 recycled consumer product in the U.S.

 

There are many factors that contribute to this success. Credit must go to environmental groups both private and public who have made it clear to everyone that lead acid batteries can be dangerous to ourselves and the environment. Secondly, the strong value of the recoverable lead in these batteries make it an attractive scrap products for small scrap sellers and large dealers alike. 

 

Excel Recycling purchases lead acid batteries at all of our locations.

Some Fun Facts about Metals

COPPER

• Copper is the best non-precious metal conductor of electricity.

• The United States annually recycles enough copper to provide the copper content for nearly 25,000 Statues of Liberty.

• Copper and copper alloy scrap provides one-third of the U.S. copper supply. •

 

ALUMINUM

• The recycling rate for aluminum cans remained at 67 percent in 2013 as more than 60 billion cans were recycled in the U.S.

• In 2013, the energy saved from recycling aluminum beverage cans in the U.S. could fuel more than 1 million cars on the road for a full year.

• In recent years, recycled content has provided 50-60 percent of apparent aluminum consumption.

• Lead-acid batteries, a primary use for lead, have a 98 percent recycling rate.

• A used aluminum can is recycled and back on the grocery shelf in as little as 60 days.

• An estimated 85 to 95 percent of all automotive aluminum is recovered and recycled.

 

NONFERROUS SCRAP In 2015, the U.S. scrap industry processed (exports plus domestic recycled): • 5 million metric tons of aluminum; • 1.8 million metric tons of copper; • 1.2 million metric tons of lead; • 175,000 metric tons of zinc; and • 622,000 metric tons of nickel/stainless steel. The United States exported nearly $11 billion worth of nonferrous scrap to 85 countries in 2014, including China, Canada, Mexico, South Korea, Japan, Taiwan, Belgium, India, and Germany.

 

INDUSTRY STATS Energy saved using aluminum scrap vs. virgin materials is up to 92 percent.

Scrap Metal Market Update

There are many factors that influence the prices of both ferrous and non-ferrous scrap metals. You may have seen the stock market making charges up and down in the last few weeks. These fluctuations don’t directly affect the value of scrap metal. The most significant influences that bear on the value of scrap are the volume of scrap in the market, where it is on the global stage, what construction or manufacturers are demanding and weather or time of year.

These influences are interwoven and affect each other in many ways. The weather at any given time of year can create a slow down in transportation. If demand is high this could create a rise in prices during what would seem like normally slow seasons. If heightened demand is coming out of the US domestic market then scrap consolidated in areas of easy rail access may have slightly higher values making for different prices regionally in the US.

The obvious question “how do you predict price fluctuations?” is virtually unanswerable. That doesn’t mean you can’t get a feel for the rhythm of the market and pull some insight from what happens on the global stage. Excel Recycling’s staff is constantly monitoring these influences to bring you an accurate value for your material relative to all these influences.

New Bedford, Freetown, Cape Cod, Boston, Fall River, Brockton, Scrap Metal
Excel Recycling Scrap Metal Yard

Get the best return on your copper!

Copper scrap metal comes into the yard in many different forms. Here is a quick explanation of the descriptions we use and how to get the best return for your scrap copper.

The best  grade is (BB) bare bright copper. This is usually brought to our yards in the form of stripped wire and sometimes cut of and scrap from plumbing projects.The name really says it all. The material should essentially look like a brand new penny of like the big pennys you can get from the buyer Wayne. (If you see Wayne ask for one).

#1 copper is any copper pipe, stripped wire, sheet, chips or turnings that maybe discolored but don’t show any paint, solder, fittings or exceptionally heavy patina.

#2 copper is copper scrap similar to #1 copper but has paint, soldered fittings and heavy patina in the same forms.

Composition or comp is copper pipe that may still have brass fitting or small brass plumbing fixtures attached.

Copper scrap also comes in many other forms an you can always get more information buy calling the office, your buyer or requesting a response through any of our social media FB, Twitter and Instagram for more information.

Market Update 1-26-18

The current atmosphere surrounding the ferrous scrap markets globally are pointing to flat or slightly down prices. There was a bit of a run up while scrap demand increased over the last several months brought on by positive economic news particularly coming out of the United States. The orders into foreign ports have been filled and subsequent orders are slowing down while the domestic orders continue flat. This being said there remains stability in prices and the projection for the near future is for prices to slide sideways with little or no significant movement

Hello Everyone,

The coming expansion here at Excel Recycling is bringing lots of interest from people in the throughout the industry. These new resources will bring us in line with the biggest scrap handling operations in New England. As always there are fits and starts in this process but I’d like to encourage anyone interested in speaking to me about the potential benefits to call or email me. Wayne (774-264-0595)
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What’s next for Excel Recycling?

After the recent announcement by Excel Recycling that the company is adding facilities and resources the phones have begun to ring of the hook. I’d like to reach out to existing and potential customers to assure them that the staff here at Excel and myself shall continue to work hard to provide the service that you need. Whether it’s container or trailer service co-ordination, customer responsiveness from your buyer or scale house staff it is  our goal to become the first and best choice for you to sell your scrap. I have always said that information in the form of input from customers is extremely valuable. Please don’t hesitate to call me with questions or concerns as we move into the phase of growth.

Wayne Edwards

Excel Recycling charges forward.

The recent softening in the scrap metal markets are not going to slow down our march forward. Although the news is mixed we are confident that there will be stability in prices in the upcoming months.  The changes are exciting and should produce great things for our customers.mag

Biggest news in the New England scrap industry in years !

Hello Everyone,

Excel Recycling is announcing the establishment of a new processing facility in Freetown, Massachusetts along with the acquisition of a port site in New Bedford, Ma. These two new sites will provide Excel with access to global export markets. The Freetown facility will allow us to process much larger volumes of material and provide the best possible prices for our customers. These prices should allow Excel Recycling customers to sell their material locally with no compromise in service or value. Please stay tuned for more announcements. Call the office to discuss your needs.

ISRI – convention news.

Good Day Everyone,

In a recent issue of Recycling Today magazine Brian Taylor wrote about the recent the influences that have seen small improvements in steel scrap markets. Here is a snippet from that article.

“After a difficult 2015 and a rough start to 2016, an early April price boost brought some good cheer to ferrous scrap recyclers just as they gathered in Las Vegas for the Institute of Scrap Recycling Industries (ISRI) 2016 Convention & Exposition. Panelists at the convention’s Ferrous Spotlight session, however, indicated there are still problems afflicting the steel and ferrous scrap sectors.

Namik Ekenci of the Turkish Steel Exporters Association, based in Istanbul, said the scrap market paid the price for iron ore’s ongoing price drop in 2015, as steelmakers in Turkey and elsewhere scaled back on their melt shop activities and instead bought low-priced steel billet to send directly to rolling mills.
Scrap prices that had remained above iron ore prices “put electric arc furnace (EAF) mills in a very difficult position,” remarked Ekenci, who said many responded by importing billets and slabs produced with cheaper iron ore in China, Russia and the Ukraine.
Ekenci said Turkish EAF mills are not subsidized and “operate on small profit margins” and will continue to turn to imported billets and slabs if scrap prices are considered too lofty. Importing billets “is profitable for us” he said on behalf of Turkish steelmakers.”
This reinforces our insight over the last several months as well as the current school of thought that says don’t expect the upward trend to continue. If you’ve been holding steel scrap waiting for a better price now is the time to move it.
Wayne Edwards
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