HWHII Posted January 13, 2011 Share Posted January 13, 2011 I hauled of a load of scrap yesterday. I had about a ton. The price here is $185.00 a ton. Steel prices took a jump this week also. How are the prices doing in your area? Thanks! Quote Link to comment Share on other sites More sharing options...
christian Posted January 13, 2011 Share Posted January 13, 2011 In VA the price of scrap steel is 40 cents a pound. Quote Link to comment Share on other sites More sharing options...
781 Posted January 13, 2011 Share Posted January 13, 2011 Here in Minnesota if you are selling it is $180 a ton Copper is $3.25 a # Quote Link to comment Share on other sites More sharing options...
ianinsa Posted January 13, 2011 Share Posted January 13, 2011 HI Guys, All scrap(worldwide) is based on LME. Anyone who tells you different is smoking his socks! IF YOU USE A LOT OF NON FERROUS ITS WORTH WATCHING AS SOME PRICES MOVE DRAMATICALLY! With steel less so, as the LME gives what end-users will pay! You have to factor each person's mark up everyone has gatta eat you know! i.e. bucket shop pays us 'Q' and ads a %, middleman pays bucketshop'X' and ads a %,bulk dealer pays middleman 'Y' and ads a %,etc.etc.etc. The more middlemen the lower 'Q' has to be as the ultimate 'z' is the LME price. It seems simplistic but that is how it basically works! There is one truism that applies, decreases aply imediately and increases take a couple of days to come through-funny that! Ian Quote Link to comment Share on other sites More sharing options...
backyard smith Posted January 13, 2011 Share Posted January 13, 2011 just called my scrap yard to make sure I gave you the right prices. Steel is .10 a pound and number 2 copper is 3.15 a pound. I'm in north east PA. Quote Link to comment Share on other sites More sharing options...
Nakedanvil - Grant Sarver Posted January 13, 2011 Share Posted January 13, 2011 In VA the price of scrap steel is 40 cents a pound. You sure? I pay that for new steel! Quote Link to comment Share on other sites More sharing options...
monstermetal Posted January 13, 2011 Share Posted January 13, 2011 My guess is that's what they are selling scrap at, not buying. Lots of surplus and salvage yards ask almost retail for salvage steel Quote Link to comment Share on other sites More sharing options...
Glenn Posted January 13, 2011 Share Posted January 13, 2011 You need to BE SURE and ask which ton they are using, the LONG ton or the SHORT ton. There is a 200 pound difference !!! Quote Link to comment Share on other sites More sharing options...
KYBOY Posted January 14, 2011 Share Posted January 14, 2011 Its $11 a hundred here right now.. Quote Link to comment Share on other sites More sharing options...
Scampbell Posted January 14, 2011 Share Posted January 14, 2011 Central ca is $200 a ton Quote Link to comment Share on other sites More sharing options...
nelson Posted January 14, 2011 Share Posted January 14, 2011 Central ca is $200 a ton Hi Scampbell, Well sorry couldn`t help go off topic, as I lived and worked for some time down there in the citrus growing region of Cal. Great memories from Exeter and beautiful surounding areas. Worked for Exter Packers Inc as Farm manager... wow, time flies.Funny, I`m doing metal work at present. Who said oranges and iron don`t mix? (grin) Quote Link to comment Share on other sites More sharing options...
backyard smith Posted January 14, 2011 Share Posted January 14, 2011 I can buy all the scrap steel I want for 25 cents a pound in north east PA. That includes better steel like leaf springs and wire rope. Quote Link to comment Share on other sites More sharing options...
yaktelcom Posted January 14, 2011 Share Posted January 14, 2011 In NE Alabama its going for $13/100 lb Quote Link to comment Share on other sites More sharing options...
HWHII Posted January 14, 2011 Author Share Posted January 14, 2011 I can buy all the scrap steel I want for 25 cents a pound in north east PA. That includes better steel like leaf springs and wire rope. Last time I bought scrap in October I paided $.35lb Quote Link to comment Share on other sites More sharing options...
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