Shred is still 180 a ton here but everything else is dropping.
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Shred is still 180 a ton here but everything else is dropping.
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Aluminum seems to be the only thing staying afloat...even brass is down 20-25%. Street price on shred is getting close to the century mark around here.
Recyclable Material Merchant Wholesaler
Certified Zip-Tie Mechanic
"Give them enough so they can do something with it, but not too much that they won't do nothing."
Experienced Scrapper
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just to check local prices I took 1 big cast iron plumbing pipe and took a few bags of aluminum cans to a huge yard here in Chicago since I was going to Home Depot down the road to pick up a new water heater.
got $140/net ton for the pipe----> sheet metal 107 lbs $6.69 or 6.25 cents per lb
cans were still .55/lb which surprised me
New Guy
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$60 /1000 South Atlanta
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Steel dropped to $80.00 GT at my yard today
Copper dropped 20 cents a lb across the board. AL seems to be the only thing staying steady. Not sure whats going on!
Scrapper, Scrap Yard Worker, Horse farm worker, Cooler Puller and just plain ''tired''
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Wow $.0357142 lbOriginally Posted by newattitude
Steel dropped to $80.00 GT at my yard today
Copper dropped 20 cents a lb across the board. AL seems to be the only thing staying steady. Not sure whats going on!
Went in again today and got $35/gross ton. They said they pay $25/gross ton to people without an account. Also they mentioned it is going to go down more soon. I have a pile of unprepared that I was going to save but, I might just turn it in and get what I can for it.
Today I realized that maybe its not such a bad thing that steel is down in my situation. I got a call to pickup a water heater and charged $50. I get the feeling that I will get a lot more of these one item pickups that I can charge regular price and recycle the item instead of paying to dump it.
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Cars have been $135.00 for a couple months,
Dropped today to $120.00 a ton (2000 pounds) so .06 a pound
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Has traffic at your yard dropped off any?Steel dropped to $80.00 GT at my yard today
Copper dropped 20 cents a lb across the board. AL seems to be the only thing staying steady. Not sure whats going on!
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Called my normal yard today.. one I got my load in at $180 a few days back.. now at $110/ton.
Never seen steel this low here.
Hate to say it but some scrapping has now become counter-productive.. so I will be focusing my efforts elsewhere with clients and contracting work instead.
Haven't waned off scrap in YEARS.. but trying to squeeze blood out of a stone seems like a fools errand.
I'm so into scrapping.. When my Steel Toe Boots Wear out, I cut the Steel out of them and recycle the Toe!
Turned in my pile of #1 HMS steel today before the price goes down. Got $100/gross ton. They said the price should go down more on Monday. I know the price will go up from where it is in the long term but, if it goes down on Monday, it will take awhile to recover. Prices can drop extremely fast and always goes up slow. I dont want to wait like a year for things to go up.
Metal Recycling Entrepreneur
My yard is now down to $150 per ton for cars!
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Well steel is going to continue to slide, from one of my reliable sources, I cannot remember I think 2007 tin was down to thirty dollars a ton in my market area, to survive in this business you have to buy by the market and sell by the market, customers will not like it but they will shop around and find the market has crumbled. One thing that happens is all the flybynites will disappear, it should come back but not in the near future.
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I remember 2007 very well. The company I worked for at the time had 300+ employees and a year later they were down to around 100. The only thing I scrapped back then was copper and it got so low I quit selling it but I continued to collect it. #3 insulated was about a nickel a pound here but eventually it got back up to $1.10 a pound. It's back down to 37 cents a pound now.
Last edited by jimicrk; 01-31-2015 at 06:46 PM.
New Guy
Yup, I heard last week some of my guys thought it would dip back down to around 2008 prices. PO's from the mill come out next week and one local yard thought they would drop a little more.
Experienced Scrapper
PLEASE DOES ANYONE KNOW how long it's gna be down?
I'm getting $5.00/100# in Virginia
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Heard from a fellow local scrapper this morning that frequents the same yard that we are looking at $80/ton soon.. currently at $110/ton
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If any of use knew the answer to this we would know whether to sit on it or go ahead and cash it in.
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Sorry, I don't have a crystal ball to see the future.
P & M Recycling - Specializing in E-Waste Recycling.
If you enjoy your freedom, thank a vet.
Experienced Scrapper
Ok, Thanks guys.
I was just wondering if anyone's heard something that I haven't.
After all, that is what this forum and section are for right?
It just sucks price this low people don't like "giving" their car away for $100 or less.
It's hard enough to get them to take a couple hundred usually. (when steel was $8/100)
Ah well, hopefully they adjust soon after they start comparing prices and seeing that your not lying when you tell them it's at 7-8yr low! Lol
My customers have been saying competitor prices are $50-$75 . So that's a start I guess.lol
Good luck to all fellow scrappers at this rough time. Let's cross our fingers for a spike up soon. (man I miss the $14/100# days)
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