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Who else stopped scrapping?

| A Day in the Life of a Scrapper

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  1. #1
    TheRecycler's Avatar
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    Nope, I have not stop and will not. As a person in business for myself, I have a business model which allows me to survive during this time. Business like everything else have got its ups and downs. The question you each need to ask yourself is, what's my business model and why do I have to quit? Your business model must be flexible to deal with change in price. It's time to make adjustments. For example, to cut down on operation cost, your business model should have anticipated these low prices. Instead of looking for scrap, you should have been cultivating an environment where scrap comes looking for you. Another thing I have done is to connect with a guy that buys my appliances to repair and resell. As such, I'm making more on a washer, dryer, stove, etc than when it was $.10/lb. I can offer more ideas if you're interested.

    Last edited by TheRecycler; 03-03-2015 at 03:08 AM.
    Your Trash-My Cash
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  3. #2
    Yunkman is offline Metal Recycling Entrepreneur
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    I had a load of 2.73 ton yesterday of tin and misc. iron and got $50/ton. I'm still operating on a 50/50 basis. My bonus was almost as much as the iron. I sure don't want to bring it home, unload it and reload it someday IF the price goes up. The scale guy mentioned an imminent price rise....(HOPE SO). This is an experience in ''taking the bad with the good". I did find two spare tires and rims that will fit my manure spreader and also I'll buy a walk-in door to a grain bin that I took down. Sometimes those types of additional finds or favors take the hurt off the price and the labor involved. I'm not aggressively looking for more iron, but I'm making notes of where the stuff is at. Ya, I'll keep scrapping. I like it. I look like a scrapper anyhow and I have to put my coveralls and stocking hat to good use somewhere.


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