Can High Prices Make Recycling More Profitable?
Don’t be surprised if your streets have been missing a few manhole covers lately—bolstered by the same market pressures that jacked the price of oil to record highs earlier this year, commodity prices, and metals especially, are hitting highs across the board. And just as inflation, market volatility, and increased demand have brought record profitability to oil companies, high metal prices have brought prosperity to an unusual source: recycling firms.
