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Tag Archives: markets

Metals market fluctuations filter down to e-scrap sector

Published: September 6, 2024
Updated:

by
Printed circuit boards for recycling.

Changes in pricing for various metals largely balanced each other out this year, e-scrap industry experts noted. | Iryna-Imago/Shutterstock

Prices for key e-scrap metals have experienced a wild ride this year, and the shifts in value have piled onto global trade regulations and ongoing dematerialization to create a challenging economic picture for the industry. Continue Reading

Posted in News, Top stories | Tagged , |

New kind of carbon credits could be boon for sector

Published: July 25, 2024
Updated:

by

Bloom ESG predicted that in the near future a new generation of environmental certificates, called carbon insets, will become a revenue stream for recyclers. | Chayanuphol/Shutterstock

In the near future, ITAD and e-scrap recyclers should expect industry consolidation and the rise of a new kind of environmental certificate that could create revenue streams for recyclers, advisory firm Bloom ESG predicted in a new white paper.  Continue Reading

Posted in News, Top stories | Tagged , |

Lower hard drive demand pushes down Envela’s sales

Published: May 31, 2024
Updated:

by

Irving, Texas-headquartered Envela is a publicly traded company whose commercial segment includes electronics recovery firms Echo Environmental, ITAD USA, Teladvance, CEX and Avail. | borzywoj/Shutterstock

Envela Corporation, which owns a number of ITAD and e-scrap recycling operations, reported lower sales of secondhand hard drives in the first quarter of the year but higher demand for consumer technology devices.

Continue Reading

Posted in News, Top stories | Tagged , |

Industry experts talk data centers, component values

Published: May 9, 2024
Updated:

by

Used device markets are rebounding from the doldrums of the past few years, lifted partially by increases in cryptocurrency interest. | Elnur/Shutterstock

Artificial intelligence and cryptocurrency are contributing to positive market conditions in the ITAD industry, and a number of company leaders anticipate the upward trend will continue. Continue Reading

Posted in News, Top stories | Tagged |

CalRecycle proposes increase to e-scrap processor payments

Published: April 18, 2024
Updated:

by

The California Department of Resources Recycling and Recovery recommended increasing the payment for recovery and processing payments for CRTs but keeping the non-CRT payments at the current rate. | Donald Walker/Shutterstock

E-scrap processors who participate in California’s state program could again receive a boost in some payments in the coming year.  Continue Reading

Posted in News, Top stories | Tagged , , |

Smelter investment, gold prices and other metals news

Published: December 13, 2023
Updated:

by

E-scrap awaiting recycling at Boliden’s Rönnskär smelter in northern Sweden. | Boliden Public Media Library

Aurubis will invest $359 million at a smelter, gold maintains its recent high prices and researchers say recycled copper from e-scrap doesn’t necessarily generate fewer greenhouse gasses than virgin mined metal.  Continue Reading

Posted in News, Top stories | Tagged , |

Iron Mountain, others dish up insights in earnings reports

Published: November 15, 2023
Updated:

by

Iron Mountain, Envela Corporation and Li-Cycle Holdings recently released third-quarter earnings results, providing insight into markets. | Kenary820/Shutterstock

Iron Mountain says used electronics pricing was relatively steady during the third quarter, flattening out revenues for the company’s asset lifecycle segment. But Envela Corporation found decreased volumes of incoming electronics and solar panels hurt results at its ITAD and e-scrap companies.  Continue Reading

Posted in News, Top stories | Tagged , |

Research firm: PC sales should pick up this quarter

Published: October 11, 2023
Updated:

by

The director analyst of Gartner says the latest decline in shipments means the PC market has reached its floor. | ECLIPSE PRODUCTION/Shutterstock

Gartner estimates worldwide PC shipments declined in the third quarter, but the research firm anticipates sales will begin to pick up in the fourth quarter of this year.  Continue Reading

Posted in News | Tagged , |

ITAD market analysis: Pricing may have bottomed out

Published: October 4, 2023
Updated:

by

Leaders in the ITAD realm expressed concerns about client layoffs and the overall business environment. | Sarawut Aiemsinsuk/Shutterstock

The second quarter brought generally worsening business conditions for the ITAD industry, but business leaders think they’ve hit the bottom of secondary market pricing.

A survey by E-Scrap News and consulting firm Compliance Standards asked ITAD industry leaders about IT refresh cycles, competition, used device pricing, competition, hiring and capital investments, and more for the second quarter of 2023. 

“Q2 started off strong but was negatively impacted by continued variability in the reuse markets,” one participant wrote (all responses remain anonymous). “This volatility continues to be our biggest challenge although we believe it is largely driven by sentiment rather than the actual strength or weakness of the market,” according to a second-quarter survey report. 

After the first-quarter survey, E-Scrap News published articles covering first-quarter assessments and generally optimistic outlooks in August. 

Compliance Standards and E-Scrap News have opened their survey for the third quarter of 2023. Share your perspective to receive exclusive insights on the market.

Do you want more ITAD market insights? 

Participate in our survey of the third quarter of 2023 to receive a free report and webinar presentation covering major takeaways. All responses remain confidential.

In the meantime, the following are some takeaways from the second-quarter report, which was provided exclusively to survey participants: 

Business conditions were worse: Just over 63% said second-quarter business conditions were worse than the same quarter a year prior. During the first quarter, 56% had said they were worse year over year. The respondents also indicated things were worse than the prior quarter. Specifically, in the second quarter, 47% said business conditions were worse than in the prior quarter. During the first-quarter survey, 41% had said they were worse than the prior quarter. The same general takeaway came through  from questions asking whether the number of IT refresh projects were up, down or flat year over year and sequentially.

Clients layoffs cited: A number of comments from survey takers indicated that their clients were experiencing layoffs, which was slowing business. “We are seeing more layoffs in the industry among the clients we represent with white glove services,” one respondent wrote. “Companies are being forced to take this action.” Another noted, “Many companies that initiated ITAD services RFPs, evaluations, etc., have let the individuals go who were leading the project.”

Device sales are hugely important: For the first time, the second-quarter survey asked participants about their sources of revenue. In aggregate, 40% of revenue came from the sale of used devices, 16% from sales of scrap and commodities, 14% from enterprise services such as premium data destruction, 12% from sales of harvested parts and components, and 19% from other sources (numbers total 101 due to rounding). 

Big capital investments planned: Looking forward, poll takers said they’re looking to make big capital investments in their companies. During the second quarter, 33% said they plan to spend between $1 million and $5 million in capital investments over the next year, and the rest said they were looking at smaller expenditures or they didn’t know. That was way up from the first-quarter survey, when 11% pointed to $1 million to $5 million investments. Company leaders pointed to vehicle upgrades, additional facilities, equipment to remove chips, ERP software investments and other projects. 

Secondary market pricing looks up: Knowing how important used device sales are to ITAD service providers, E-Scrap News and Compliance Standards asked about secondary market pricing. In these answers, there were bright spots. For example, in the second quarter, 33% of respondents said secondary market prices were flat or up year over year. That may not sound great, but in the first quarter, only 5% said they were stable or higher year over year. On a sequential basis, it was the same trend, with 54% saying second-quarter prices were stable or higher than the prior quarter. In the first quarter survey, only 20% said the same thing. 

“Although we anticipate continued volatility in market pricing, we are hopeful that we’ve hit bottom and will gradually begin an upward trend,” one poll taker wrote. 

More stories about markets

Posted in News, Top stories | Tagged , |

Metals market fluctuations filter down to e-scrap sector

Published: September 6, 2024
Updated:

by
Printed circuit boards for recycling.

Changes in pricing for various metals largely balanced each other out this year, e-scrap industry experts noted. | Iryna-Imago/Shutterstock

Prices for key e-scrap metals have experienced a wild ride this year, and the shifts in value have piled onto global trade regulations and ongoing dematerialization to create a challenging economic picture for the industry. Continue Reading

Posted in News, Top stories | Tagged , |

New kind of carbon credits could be boon for sector

Published: July 25, 2024
Updated:

by

Bloom ESG predicted that in the near future a new generation of environmental certificates, called carbon insets, will become a revenue stream for recyclers. | Chayanuphol/Shutterstock

In the near future, ITAD and e-scrap recyclers should expect industry consolidation and the rise of a new kind of environmental certificate that could create revenue streams for recyclers, advisory firm Bloom ESG predicted in a new white paper.  Continue Reading

Posted in News, Top stories | Tagged , |

Lower hard drive demand pushes down Envela’s sales

Published: May 31, 2024
Updated:

by

Irving, Texas-headquartered Envela is a publicly traded company whose commercial segment includes electronics recovery firms Echo Environmental, ITAD USA, Teladvance, CEX and Avail. | borzywoj/Shutterstock

Envela Corporation, which owns a number of ITAD and e-scrap recycling operations, reported lower sales of secondhand hard drives in the first quarter of the year but higher demand for consumer technology devices.

Continue Reading

Posted in News, Top stories | Tagged , |

Industry experts talk data centers, component values

Published: May 9, 2024
Updated:

by

Used device markets are rebounding from the doldrums of the past few years, lifted partially by increases in cryptocurrency interest. | Elnur/Shutterstock

Artificial intelligence and cryptocurrency are contributing to positive market conditions in the ITAD industry, and a number of company leaders anticipate the upward trend will continue. Continue Reading

Posted in News, Top stories | Tagged |

CalRecycle proposes increase to e-scrap processor payments

Published: April 18, 2024
Updated:

by

The California Department of Resources Recycling and Recovery recommended increasing the payment for recovery and processing payments for CRTs but keeping the non-CRT payments at the current rate. | Donald Walker/Shutterstock

E-scrap processors who participate in California’s state program could again receive a boost in some payments in the coming year.  Continue Reading

Posted in News, Top stories | Tagged , , |

Smelter investment, gold prices and other metals news

Published: December 13, 2023
Updated:

by

E-scrap awaiting recycling at Boliden’s Rönnskär smelter in northern Sweden. | Boliden Public Media Library

Aurubis will invest $359 million at a smelter, gold maintains its recent high prices and researchers say recycled copper from e-scrap doesn’t necessarily generate fewer greenhouse gasses than virgin mined metal.  Continue Reading

Posted in News, Top stories | Tagged , |

Iron Mountain, others dish up insights in earnings reports

Published: November 15, 2023
Updated:

by

Iron Mountain, Envela Corporation and Li-Cycle Holdings recently released third-quarter earnings results, providing insight into markets. | Kenary820/Shutterstock

Iron Mountain says used electronics pricing was relatively steady during the third quarter, flattening out revenues for the company’s asset lifecycle segment. But Envela Corporation found decreased volumes of incoming electronics and solar panels hurt results at its ITAD and e-scrap companies.  Continue Reading

Posted in News, Top stories | Tagged , |

Research firm: PC sales should pick up this quarter

Published: October 11, 2023
Updated:

by

The director analyst of Gartner says the latest decline in shipments means the PC market has reached its floor. | ECLIPSE PRODUCTION/Shutterstock

Gartner estimates worldwide PC shipments declined in the third quarter, but the research firm anticipates sales will begin to pick up in the fourth quarter of this year.  Continue Reading

Posted in News | Tagged , |

ITAD market analysis: Pricing may have bottomed out

Published: October 4, 2023
Updated:

by

Leaders in the ITAD realm expressed concerns about client layoffs and the overall business environment. | Sarawut Aiemsinsuk/Shutterstock

The second quarter brought generally worsening business conditions for the ITAD industry, but business leaders think they’ve hit the bottom of secondary market pricing.

A survey by E-Scrap News and consulting firm Compliance Standards asked ITAD industry leaders about IT refresh cycles, competition, used device pricing, competition, hiring and capital investments, and more for the second quarter of 2023. 

“Q2 started off strong but was negatively impacted by continued variability in the reuse markets,” one participant wrote (all responses remain anonymous). “This volatility continues to be our biggest challenge although we believe it is largely driven by sentiment rather than the actual strength or weakness of the market,” according to a second-quarter survey report. 

After the first-quarter survey, E-Scrap News published articles covering first-quarter assessments and generally optimistic outlooks in August. 

Compliance Standards and E-Scrap News have opened their survey for the third quarter of 2023. Share your perspective to receive exclusive insights on the market.

Do you want more ITAD market insights? 

Participate in our survey of the third quarter of 2023 to receive a free report and webinar presentation covering major takeaways. All responses remain confidential.

In the meantime, the following are some takeaways from the second-quarter report, which was provided exclusively to survey participants: 

Business conditions were worse: Just over 63% said second-quarter business conditions were worse than the same quarter a year prior. During the first quarter, 56% had said they were worse year over year. The respondents also indicated things were worse than the prior quarter. Specifically, in the second quarter, 47% said business conditions were worse than in the prior quarter. During the first-quarter survey, 41% had said they were worse than the prior quarter. The same general takeaway came through  from questions asking whether the number of IT refresh projects were up, down or flat year over year and sequentially.

Clients layoffs cited: A number of comments from survey takers indicated that their clients were experiencing layoffs, which was slowing business. “We are seeing more layoffs in the industry among the clients we represent with white glove services,” one respondent wrote. “Companies are being forced to take this action.” Another noted, “Many companies that initiated ITAD services RFPs, evaluations, etc., have let the individuals go who were leading the project.”

Device sales are hugely important: For the first time, the second-quarter survey asked participants about their sources of revenue. In aggregate, 40% of revenue came from the sale of used devices, 16% from sales of scrap and commodities, 14% from enterprise services such as premium data destruction, 12% from sales of harvested parts and components, and 19% from other sources (numbers total 101 due to rounding). 

Big capital investments planned: Looking forward, poll takers said they’re looking to make big capital investments in their companies. During the second quarter, 33% said they plan to spend between $1 million and $5 million in capital investments over the next year, and the rest said they were looking at smaller expenditures or they didn’t know. That was way up from the first-quarter survey, when 11% pointed to $1 million to $5 million investments. Company leaders pointed to vehicle upgrades, additional facilities, equipment to remove chips, ERP software investments and other projects. 

Secondary market pricing looks up: Knowing how important used device sales are to ITAD service providers, E-Scrap News and Compliance Standards asked about secondary market pricing. In these answers, there were bright spots. For example, in the second quarter, 33% of respondents said secondary market prices were flat or up year over year. That may not sound great, but in the first quarter, only 5% said they were stable or higher year over year. On a sequential basis, it was the same trend, with 54% saying second-quarter prices were stable or higher than the prior quarter. In the first quarter survey, only 20% said the same thing. 

“Although we anticipate continued volatility in market pricing, we are hopeful that we’ve hit bottom and will gradually begin an upward trend,” one poll taker wrote. 

More stories about markets

Posted in News, Top stories | Tagged |