Scrap and Recycling Market Woes

Cash 4 Cars Cleveland is an auto buyer that takes in cars for cash and offers damaged vehicle removal in the counties of Cuyahoga, Geauga and Lake. We buy junk cars 6 days a week, serving as a recycler in the areas of Oakwood Village, North Olmsted, and Fairview Park. Wrecked, damaged and unwanted vehicles are excellent examples of what we work with in the cars for cash business. Are you seeking an auto buyer that can provide fast damaged vehicle removal in the regions of Seven Hills, Northfield, or Cuyahoga Heights? We buy junk cars and believe in waste diversion by aiming to reuse & recycle as much of the material as possible. When you scrap cars for cash with us you make a positive environmental impact for the preservation of vital resources. We are now offering damaged vehicle removal services in the areas of Middlefield, Chagrin Falls and Chesterland.

Our next topic centers on the decline in revenues experienced by recycling-related organizations in the last year. John Russell authored a story titled ‘Recycling industry buffeted by falling prices’ in the February 27, 2016 edition of the Indianapolis Business Journal as follows: “With prices tumbling for scrap metal, used paper and old plastic bottles, recycling firms around Indiana are watching revenue drop. Most are working harder to find buyers that will pay a decent price for their materials. Some are idling operations; the downturn is putting pressure on operators to cut costs & could hurt government budgets that used to make money from the sale of recyclables. At J. Solotken & Co., they spend hours a day sorting metals from stamping plants & fabricators. A truckload of sorted scrap metal that would have fetched $120K two years ago is likely to get only $65K. Solotken’s revenue has fallen 25% in the past 2 years. President Joseph M. Alpert says there’s too much supply and not enough demand; we’re not losing money, but we’re not making what we did 2-3 years ago.

Gabriel Metals in Lebanon, with about 17 employees, recently slowed their small recycling operation. CNP Recycling has also been negatively impacted citing severe market conditions. Carey Hamilton, executive director of the Indiana Recycling Coalition, says markets are down, and that has caused some pain for the sector. Around the country, recyclers are feeling plenty of pain in the scrap metal industry. Falling oil prices, a weak economy in China and a drop-off in demand for scrap have pummeled the market for a wide variety of goods. Prices for polyethylene terephthalate, a material in plastic bottles fell 54% in the last year. The full story is available here.

Fast Auto Buyer

Are you tired of fixing your old car and need to know who will buy junk cars in the cities of Maple Heights, Euclid, or Garfield Heights? We are currently accepting cars for cash with same-day damaged vehicle removal in Pepper Pike, University Heights, and Warrensville Heights. Take the next step when scrapping a car and protecting our environment, contact C4C for eco-friendly auto recycling. As a recycler in Bratenahl, Mantua, and Moreland Hills with a firm commitment to environmental causes, we alleviate global warming and other ecological problems. Dirty oil and fluids from junk cars can cause environmental damage; therefore, we insure that all fluids from the vehicles are properly handled, regardless of whether we pick it up in Twinsburg, Lakewood, or Linndale Village.