Scrap Pricing Plummets

Here at Cash 4 Cars Cleveland, a local junk vehicle buyer, we continue to endure a massive slide in auto scrap and recycling market. The reasons for the recent decline are likely reduced demand in the now global market. When will scrap prices bounce back to previous levels? The answer is definitely not clear at this point.

On February 16, 2015 an article posted on krgv.com in TX titled ‘Scrap Metal Price Drop Impacts Recycling Industry’ detailed the following information: According to Arnie Tyler with Esco Marine: “Tough times with the market. The price of scrap metal has dropped by an average $81 per ton from January to February. It had a tremendous impact on our operations here.” The company announced the indefinite suspension of operations. The site listed the ton price for shredded auto fell from $300 in January to $220 in February of 2015. The complete article is available at www.krgv.com

Cash 4 Cars Cleveland is the place to call when needing fast cash for cars in the greater Cleveland, OH area. We are a junk vehicle buyer and recycler that services the Cuyahoga County area. We buy junk cars in Wickliffe, Brecksville, Bainbridge, East Cleveland and Maple Heights. We offer fast cash for cars in Bratenahl, Chagrin Falls, Mayfield Heights, South Euclid, and Cleveland Heights. Are you seeking a junk vehicle buyer in Euclid, Garfield Heights, Chesterland or Moreland Hills? We are available to pay fast cash for cars and pick up from Firestone Service Centers, Conrad’s locations, transmission shops, Goodyear stores, Midas locations and other auto body or auto repair facilities including those in Eastlake, Parma Heights, Lakewood, Linndale Village and Newburgh Heights. Our current “cash for cars” pricing is 25% lower than it was just two months ago and we look forward to a resurgence in the auto recycling scrap market in 2015.