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All-American Scrap Metal
Brooklyn, New York, United States

Memberships : NA
About Yard

All-American Scrap Metal is a new arising star within the Scrap Metal industry. We recognize the needs of trade workers, business owners and the like. We are here to facilitate the process of turning your Scrap Metal into cash by providing you with our exceptional service where we come to you, weigh and pay top dollar on site. This will allow you to save on expense and increase your cash flow with minimal effort. With our vast network of buyers who offer us dealer prices and our ability to control cost we are able to pass along these benefits too all of our customers. With that being said, customer satisfaction is our top priority, not just the first time you use our service but everytime. If you are looking for the highest payouts, consistency, reliability and friendly service, look no more because that is what All-American Scrap Metal is about!

We take great pride in what we do. All Metals that we purchase are a finite resource in which in the long run can eventually be depleted as economies keep expanding. We contribute to the sustainability of non-ferrous metal resources by taking a role within the recycling process where items that were in use are purchased and then resold to the right enterprises that will get those resources ready for reuse in a socially responsible way. This significantly reduces the need for traditional mining. In result recycling scrap metal provides green jobs for Americans, protects the environment, promotes sustainability, reduces greenhouse gas emissions and uses less energy than making metal from virgin ore. Therefore recycling in a world where needs and wants are constantly growing provides more economic benefits and less social costs compared to other alternatives. That is why we truly love this business. This aids all mankind in getting the most out of all the worlds resources in the most sensible way and keeps us heading down the road to further prosperity.

All-American Scrap Metal is a hybrid between your family owned and larger scale scrap metal buyers. What this means is we can give you the attention and the payouts that you deserve!

Service from Start to Finish

All-American Scrap Metal is a credible Non-Ferrous Scrap Metal purchasing and pick up company.  Customer satisfaction is always our top priority. When you call us we will work our schedule to the best of our ability to get ourselves there at the time that you desire. Once given a time, you can rely on us being there precisely within the scheduled time.

Our trucks are equipped with dependable and accurate industrial scales so we insure you that you will be paid for every pound. Try us once and you will see what all the hype is about.

Copper prices are a leading indicator of global economic activity. That is because of its use. It is used in automobiles,  plumbing pipes and for many electrical purposes. Demand for these items go up in times of economic growth, where there is an increase in wages/employement, investment and consumption, which drives up the price for copper. Due to coppers durability it does not have to be replaced very often which means if there is no growth, demand goes down sharply. This makes copper very sensitive to the business cycles of the economy. Copper gets clobbered during economic contraction where there is a decrease in wages/employement, investment and consumption.

Other Key Determents of Copper Prices

The Health Of Banks (Most people borrow money when it comes to realestate developement and purchasing a automobile).

Interest Rates ( When borrowing money interest becomes a cost of your purchase, lower interest rates can increase demand because it lowers cost, if all things remain equal).

Currency Value ( A high USD makes domestic copper more expensive for foreigners a low Usd makes it cheaper, if all things remain equal).

Warehousing Cost.

Oil Prices.

Margin Requirments for investors.

Labor disputes.

Politics

With all that being said how can copper change in value day by day?

Well copper is traded on many major futures exchanges. The participants on these exchanges are usualy hedgers (businesses looking to protect themselves from price fluctuations) and speculators (investors looking to gain on price fluctuations). What is traded on these exchanges are future contracts which are a contractual agreement, generally made on the trading floor of a futures exchange, to buy or sell a particular commodity at a pre-determined price in the future. These contracts are almost always settled in cash and not physically performed. However the markets are said to be efficient and that prices reflect all the conditions of the commodity, that is why exchanges such as the london metals exchange are used as a price discoverer.

Businesses are always making deals today to be performed at a future date. However there can be uncertainty of which direction prices can go. Which once again is why exchanges are used as a price discoverer. Businesses need to know what is a suitable price to agree on now to sell or buy in the future. The futures exchanges are used as an indication. But because of its highly liquid market speculators can make copper very volatile during uncertain times.

All enterprises within the non-ferrous scrap metal business are price takers not makers.However, you can rest assured that with All-American Scrap Metal as market prices go up you will see the appreciation within our prices and as market prices go down we will try to mitigate the decreases to the best of our ability and we can do so by our ability to control cost.

 

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917.407.9745
management@allamericanscrapmetalnyc.com
http://allamericanscrapmetalnyc.com
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Yard Locations

Brooklyn, New York
United States
917.407.9745
NS
management@allamericanscrapmetalnyc.com

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