What Are Scrap Catalytic Converters Worth? | How is Their Value Measured?

What Are Scrap Catalytic Converters Worth?

How is Their Value Measured?

What-Are-Scrap-Catalytic Converters-WorthYou probably already know that scrap catalytic converters can make you money! Their value comes from the rare precious metals present inside of them. Pricing on catalytic converters vary and depend on the make and model. Each make and model contains different amounts of precious metals which include; Platinum, Palladium and Rhodium. These metals are in high demand. When we extract these metals from the monolith, they go through our measuring process and the client receives an assay report.

Furthermore, the client receives the exact details of how much precious metals are in their shipment. The client gets a payment according to the metals market price. We base the shipment’s worth on the metals market value the date of shipment hedging.

 

If you are wondering how much your converters are worth, or want to know if you are receiving a fair price for your used catalytic converters, What-Are-Scrap-Catalytic Converters-Worth-PGMRScontact us!

Here at PGM Recovery Systems we offer a FREE Catalytic Converter Price guide which allows a businesses to search through thousands of part numbers. Moreover, we update the prices weekly according to the current metals’ market price.

So if your business sends their converters to the scrap yard, start saving them and find out what they’re worth!

Knowing this information can open up opportunities for businesses who deal with catalytic converters and want to generate higher profits.

Edmund Schwenk

CEO/Metallurgist of PGM Recovery Systems “The single most important factor when you sell auto catalyst from used catalytic converters is the assay, not terms! Assay transparency is paramount! Many de-canners we speak to believe they are not getting correct assays on their material. Some have de-canned, shipped to other companies and received a little more than they could have sold their whole converters for in the first place.”Mission Statement: We at PGM Recovery Systems are providing information and transparency to the catalytic converter recycling industry in an effort to promote a value system of fair dealing. As a result of providing the industry with the proper tools to increase their profits, we are developing long-term relationships with suppliers.