Tricks of the TradeTrump's Second TermMy EconomyI've Always Wondered ...

Loading...

0:00
0% played
Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!
Stories Tagged as

Palladium

Some metal prices are finally down, a potential deterrent for catalytic converter thefts

by Ali Budner
Aug 7, 2023
Lower palladium prices might also lead to fewer catalytic converter thefts, which spiked when the metal fetched a premium.
The high price of palladium led to a rise in catalytic converter theft, said metal trader David Holmes, but that trend might be turning around.
Justin Sullivan/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

The war in Ukraine could make stealing catalytic converters more lucrative for thieves

by Sabri Ben-Achour
Mar 22, 2022
They're valuable in part because the palladium inside is expensive. And Russia provides much of the world's palladium.
"You can get anywhere from $60 to $100 in recycling a catalytic converter, but you end up costing the victim thousands of dollars in repairs," says Avo Bagramyan of Automotive in Los Angeles.
Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE