January 13, 201115 yr 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!
January 13, 201115 yr 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
January 13, 201115 yr 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.
January 13, 201115 yr In VA the price of scrap steel is 40 cents a pound. You sure? I pay that for new steel!
January 13, 201115 yr 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
January 13, 201115 yr 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 !!!
January 14, 201115 yr 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)
January 14, 201115 yr 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.
January 14, 201115 yr Author 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
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