GLG News by Scrap Metal Experts

Until fairly recently the source of solar grade silicon for manufacturers of photovoltaic solar cells was excess polycrystalline silicon from processes intended to produce ultra pure silicon for the production of electronic integrated circuits (chips). This was because the processes to purify and...

The American OEM automotive industry has studiously ignored all of the market's warning signals and forced its supply base to absorb the raw material price increases stemming from huge Asian demand and a falling dollar. This was done out of fear of being priced out of their own domestic market as well...

The American OEM automotive industry bankrupted its supply base in the last decade by refusing to accept price increases for commodities and specialty metals caused by huge increases in the demand for them from Asia. The OEM American automotive industry then replaced its bankrupt suppliers by outsourcing...

At a conference in Barcelona last month entitled "Metals in the Aerospace Industry" an industry analyst forecast a total demand for 800, 000, 000 lbs of metal to build between 8,000 and 12,000 multi-engine jet passenger aircraft by 2020. Although most of the metal to be consumed was identified as aluminum...

If scrap dealers were made to account for the purchase of their wares; i.e., to affirm that their seller had leagl title to the goods, then the US scrap industry's small, family type businesses, would fail.

The first industrial revolution in the west highgraded out the world's then known and accessible metal ores and energy minerals. Extraction and refining technologies have since kept up with the declining grades of ores and minerals accessible with today's infrastructures and machinery. But finally,...

While reviewing the performance of resource funds for the first quarter of 2008,  I realized that there is now an availability of buying or selling specific commodities for actual users as a 'hedge' against price volatility.

The CEO of Toyota, the one and only only global car company with experience at mass producing vehicles using hybrid, gasoline-electric, power trains said, just a month ago that the lithium-ion battery is not ready for mass production. GM has received, so far, after an investment of , perhaps, one billion...

The Chinese government's demand that auto makers produce electric and internal combustion-electric (hybrid) vehicles for the Chinese domestic market has created a conflict in the global demand for minor metals. All car makers need minor metals that are critical to the production of the power train of...

GM's short sighted purchasing management, and probably Ford's as well, pinned its hopes for being able to make a profit primarily on reducing its costs of labor and materials by shifting as much as possible of its parts production to the People's republic of China. Just 3 years ago, in 2005, GM's global...