Scrap Car Price Update January 2017

Posted on Monday, 30 January 2017 by CarTakeBack

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January saw a small reduction for the month of 3% which was predicted last month. The index is 11% higher than the same time last year which reflects the price reductions last year. All speculation indicates that we will see price reductions for the early months with an expectation that price will stabilise again towards the middle of the year.

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

Macro alias: ExpandingPanel

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