The new service enhances the existing US-based single region scrap metal prices subscription service that has already attracted interest from scrap metals industry, according to Paul Ploumis, promoter of the venture. “We have launched the new regional pricing service to enable subscribers to get a comprehensive view of the scrap metals market world-wide and at the same time provide regional prices for those who require them.”
The new service enables stakeholders in the metals and scrap metals industry to gain knowledge of the price movements in key markets. For North America, the subscription service provides prices of three regions: Midwest, East Coast and West Coast.
Scrap Monster has already become a leading reference source on scrap and recycling industry worldwide, he added.
According to a study done in 2011, scrap recycling provides 460,000 jobs in USA, generate $90 bn in economic activity and provide $10.3 bn tax revenues to the government. According to Bureau of International Recycling (BIR), approximately 1.6 mn people worldwide are active in the recycling industry and handle 600 mn tonnes of materials every year.
More details on Scrap Monster Scrap Pricing services at http://www.scrapmonster.com/