Why Scrap Prices

The scrap prices have risen rapidly in the last few years commodities themselves in recent years continuously increased. Many metals such as iron ore, copper, gold, silver, Platinum, but also processed materials such as iron and aluminum are among these raw materials. A result of this price is that scrap prices have risen greatly. One reason for the rapid increase is mainly the increased demand, which is driven by emerging economies such as India and China. So, for example, gold is a widespread form of investment in India and gold jewelry is very popular in this country, because he is regarded as a status symbol.

So almost one-third of the total annual production of gold has been delivered in the last year after India. The processing industry in China many raw materials needed to produce goods such as automobiles and other things. Another reason for the high price of scrap is the lower offer. With the fall of the iron curtain, many, partially outdated production facilities in Eastern Europe have been not profitable and many factories have been closed. The Dismantling of these facilities had resulted in that early was much junk on the market until the mid-1990s, read what the prices initially tumbling. This offer to scrap unnecessary now. Scrap prices causes some strange consequences. So is to complain that all tracks are stolen, to them as scrap metal to sell, or the copper wires are stolen, because copper is a sought-after scrap metal in some regions.