Hurricanes Deliver Shock to Scrap Metal Market
After this year's string of ferocious hurricanes and an 8.2 magnitude earthquake in southern Mexico, the markets assume that the destruction will produce an abundance of scrap metal that it is ready for collection and recycling. These markets hope the result will be falling prices in expectation of an oversupply. The reality is quite different.
Air disc brakes likely to become most popular option, but drums 'will not go away'
Adoption rates for air disc brakes (ADB) have climbed more than 100 percent in the last five years and show no signs of slowing down with penetration reaching 10 percent in 2013 and expected to close this year at approximately 21 percent.