Scrap Car Price Update December 2016

Posted on Friday, 30 December 2016 by CarTakeBack

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December has seen a small reduction for the month but the year ended the same level it started with the same pricing as December 2015. It has been an interesting year with lots of speculation about how long prices with stay higher. Expectation is there will be a reduction in the new year, but the hope is that it will not be significant.

The iron ore index has been also been quite stable, but it's predicted that we may see a drop in demand and prices soon.

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