Power Metal Recycling is approaching 2021 with optimism and continued intent to push forward past some of the obstacles facing us all. As the company continues to adapt to the everyday changes the pandemic has brought upon all areas of life, it is also able to share positivity with clients who are reaping the benefits of the precious metals market that continues to peak past historical highs.
Initially, when the coronavirus pandemic started in early 2020 there was uncertainty within all industries. Catalytic converters being a niche market within the Scrap Metal industry, the regulations within different municipalities, provinces and cities were varied, continuously updated, and governed how Power Metal Recycling’s businesses would operate.
“Within the refining process and every process preceding refining, we guaranteed our clients that our essential role was indeed understood, and we would continue business to remain as close to normal client expectations as possible. By relying on accurate communication with the local government as well as information from trusted publication resources within the industry and taking proper safety precautions, it allowed us to remain confident and were successful in giving our clients the reassurance they needed as well to know that we would not pause in servicing their needs,” said the company.
With many yearning for good news in what appeared to be a sea of gloom in other areas of life, the precious metals market skyrocketed towards the end of 2020 and into 2021 with record shattering prices in rhodium and the overall precious metal market to which positivity produced an overall good year for Power Metal Recycling. As precious metal prices are still increasing, client confidence remains strong in 2021 and Power Metal continues to use the boost in the market to carefully but ambitiously approach existing and new business.
In an unforeseen post-pandemic future, it is important to keep in mind that in our industry prices fluctuate day to day, in our niche market, and supply will continue to be available. And as catalytic converter buyers, scrap yards, recyclers and others have always adapted to an ever-changing market, Power Metal Recycling says it will also adapt to the unknown nature of the near future.
“For companies such as ours, where the ownership is in the hands of individuals who have successfully taken multiple entities through the economic hard times of 2008 by planning ahead, the confidence of working through the pandemic is hidden within the experience of pulling through successfully in the past and the careful planning ahead for the future.
“Only because of this, we can say with full courage to our clients that we will be here for you through every step of the way to ensure that your margins stay high, tools stay current and that our service remains professional, safe, transparent, and most important – highly profitable for your business!”