Scrap Car Price Update October 2016

Posted on Friday, 28 October 2016 by CarTakeBack

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October has seen a slight decrease in scrap prices and the index shows we are still 44% down on the same period last year. Prices are maintaining some stability this year and we still haven't seen any significant falls recently.

The iron ore index has been quite stable, however Morgan Stanley has predicted a drop in demand and prices before the end of 2016, which of course will affect scrap pricing.

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