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Load and Prices 9-12-13

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    Arkansaw is offline Metal Recycling Entrepreneur
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    Quote Originally Posted by TheRecycleGuy View Post
    excuse my ignorance as the terms im learning more... what is the short and what is the mix. and what is spot .... thanks
    Short iron would be the heavy grade iron they normally want it cut down to around two foot x three foot,This is example heavy farm equipment Mix i am assuming he is talking about fridges,freezers microwaves,stuff that might still have some plastic attached and lighter grade of metal,often called shred by those who have yards using shredders,my yard doesnt use one,but there buying to haul to some place that does. Spot price is the commodity trading price, and from what little i know it can vary from region to region," correct me if im wrong"The yards cannot give the full commodity price and make a profit so they buy at a percentage of the regional spot price, I know they do this with silver ive seen them advertise saying they pay at " ten percent below spot price"The spot price can change from day to day depending on the market. Maybe that will help ya some,somebody else my chime in with other info.


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