Our Blog

Posted:
03/02/17
Chelsea Young

The Metal Market

The Scrap Metal Market

The scrap metal prices are always changing and sometimes it is hard to keep up! But why are they changing? Why is copper so high some days and then others it decreases? It is a simple model of supply and demand. Depending on the demand for certain metals causes the prices to change.

Other factors that affect the price are:
• The time of the year
• Demand for specific metal use
• The rate of production of the metals
• Political and events happening around the world

All of these factors contribute to an increase or decrease in metal prices. Having trouble keeping up with the current prices? Don’t worry; you can call United Iron & Metal for prices at any time: 410-384-4198