Mann Metals
Corporation

(248) 960-1200
1011 Decker Rd
Walled Lake, MI

Price Trends

What Can You Do with Your Scrap Metal Money?

We know that both our residential and commercial customers could put the money they’ll get from selling their scrap metal to very good use. Mann Metals Corp provides top prices and prompt payment for all your scrap metal.

Here’s some ideas on what you could do with those scrap metal dollars!

Business owners could…

  1. Advertise! Purchase an ad for your business about how you’re going greener.
  2. Get creative. Order custom signage that shows that your shop recycles.
  3. Be practical. Use the extra cash to improve the business
  4. Boost morale! Create a “Take your employees to lunch” day!
  5. Boost productivity. Upgrade your tools, computer, or coffeemaker!
  6. Get proactive. Start a “rainy day” fund for the business.

Residential customers could…

  1. Be parental. Add it to your children’s college funds
  2. Be extravagant. Holiday fund…better presents for everyone, even you!
  3. Get creative. Pay for lessons you’ve always wanted to learn; French, piano, or scuba diving!
  4. Get busy. Create a bucket-list fund, and DO the items on your list. Skydiving anyone?
  5. Be proactive. Start a “rainy day” fund, or take action on a needed home repair.
  6. Be practical. Add to your retirement fund.

Mann Metals Corp buys and recycles all kinds of scrap metals found in homes and businesses everywhere. Please contact us to find out more.

Please let us know if you like our blog or if it’s been helpful to you!

Why Does the Price of Scrap Metal Fluctuate?

scrap metal pricesThe short answer is because the price of virgin metal fluctuates, influencing the price paid for scrap metals. When the cost of virgin metal rises, the price of the scrap metal also goes up. Recycled metal costs less to produce than virgin metal, and thus becomes more desirable and carries a higher price when demand for a particular metal is higher.

Like all commodities, metal prices change with supply and demand, and the cost of production. For instance, the price of copper rises sharply during a housing boom, because builders demand record amounts of copper pipe and wiring to build millions of new homes. In a housing bust, the price of copper drops, rebounding when the housing market recovers.

The price of rarer imported metals can change because of politics and importation costs with countries such as China or Russia. When they raise their export taxes or costs, Americans must pay more for the metals they import. When favorable trade agreements are made, the cost of those metals decrease.

The greatest influence on metal prices is the price of fuel. Almost all metals require high heat to make basic industrial products such as sheet metal, wire, rods, and bars. Most foundries use natural gas, coal, or electricity to produce that heat, and when fuel costs go up, so does the cost of the metals.

For scrap metal pricing, or for information on containers and pick-up, please contact Mann Metals.

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Mann Metals provides top prices and prompt payment.

Monday – Friday 8:00 am to 5:00 pm
Saturday 8:00 am to 12:00 pm

Call us today — (248) 960-1200

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