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Tag Archives: markets

California hikes payments for stressed e-scrap companies

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CalRecycle staff said their recommendation to raise payment rates was based on updated cost data submitted by e-scrap collectors and processors, as well as other factors. | DAMRONG RATTANAPONG/Shutterstock

Citing difficult market conditions and rising costs for the industry, California officials will greatly increase the rates they pay e-scrap firms to collect and recycle electronics.

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ITAM group: Plan now to properly dispose of excess devices

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An industry group recommends that IT asset managers prepare now to properly manage the glut of devices coming back into workplaces when they reopen. | WSW1985/Shutterstock

IT asset managers should be ready for managing electronics that will no longer be needed when the coronavirus pandemic subsides and employees return to offices, according to an industry group.

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ITAD processors try to hold on amid COVID-19

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In the midst of coronavirus-related closures, ITAD companies are reporting decreases of up to 75% in the flow of used IT equipment from corporate accounts and other organizations. | Zhuravlev Andrey/Shutterstock

At enterprises across North America, IT asset refresh projects are no longer a top priority. That has meant major volume drops for material processors, as well as painful staffing cuts in some cases.

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Analysts: Pandemic prompts IT spending cuts

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Market research firm Gartner noted that in the first quarter of 2020 shipments of new PCs around the world declined by 12.3% year over year. | N.Z.Photography/Shutterstock

The coronavirus pandemic has disrupted worldwide supply and demand for new PCs, bringing both bad and good news for computer recyclers and refurbishers, according to Gartner.

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Processors react as household collections collapse

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E-scrap collected for recycling.

Because of business and public drop-off site closures and public anxiety about virus transmission, e-scrap collections are down across North America. | Dan Leif/ Resource Recycling, Inc.

The coronavirus pandemic has led to major reductions in the collection of used consumer electronics across North America, with some e-scrap companies reporting volume drops up to 80%.

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Expert: ITAD firms that weather the storm will see opportunity

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Desktop computer work stations.

Business shutdowns and work-from-home orders around North America have made it difficult for many ITAD and e-scrap recycling companies to obtain material for processing. | Oleksandr Berezko/Shutterstock

A number of ITAD companies will fail, but those strong enough to survive coronavirus-related revenue losses will encounter post-pandemic advantages, an ITAD market analyst predicts.

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Device resellers see ‘unprecedented demand’

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A person seated at a laptop with a headset.

ITAD company EPC reported a sharp increase in demand for notebook, tablet and desktop PCs throughout the U.S. and Canada as the need to work from home grows. | Sally B/Shutterstock

Processors across the U.S. say the coronavirus and resulting work-from-home orders have energized the market for refurbished electronics. In some cases, they can’t keep up with the needs of customers.

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