Quote Originally Posted by thecritta View Post
Really what is the reason for the sudden price drop?

I lost about $30 today at the scrap yard today copper
& brass is down.



here are my yard prices:

Clean Copper no 1 $6.00 down $5.50 per kilo

Copper Dirty no 2 $5.00 down $4.50 per kilo

Brass $3.50 down $3.00 per kilo

Does anybody know how long this is going to last?
If it keeps going this way I am pulling out of the game.

:-(
I'm guessing for the foreseeable future. We need to come out of this global recession before we'll see any real increase and all indications are that that will take years. I'm stockpiling copper and turning over the iron and computer scrap. Another trick - watch gas prices. Copper will (usually) follow gas prices.