Copper Bearing

Originally Posted by mthomasdev

Scranton will always be less than New Castle. New Castle has a shredder on site and sells at least some of their ferrous to Ellwood, who is right next door. There is rail that goes from Weitsmann to Ellwood. All other yards haul shred to either the Owego headquarters / shredder or New Castle. Based on locations and shredder sizes, most other locations would go to Owego. Shredded then must be hauled to buyer.

What happened to the plans to build a shredder at the Albany yard? Makes the most sense to have a shredder right at the export yard.

Originally Posted by jeb1212

What happened to the plans to build a shredder at the Albany yard? Makes the most sense to have a shredder right at the export yard.

Don't know how much exporting of ferrous scrap they are actually doing. Loading ships was a big thing when they got the Albany yard. Problem I see is they don't have thier own dedicated dock space. Renseller iron, across the river, is right on the dock. Simms has a yard just down river, still port of albany, that also has some dock area. Seems to me like it may not be cost effective to load ships in Albany. After the Albany yard opened, there was a FB post about getting a port location either in nyc, or across the river in nj. Said they could load ships in Albany and top off (deeper waters) at other location. Nothing ever came of that that I am aware of.

In regards to the Albany shredder, Im not sure they have the volume to justify another shredder. Certainly, Albany could justify one, but how big of an impact does that have on the 10,000 HP shredder in Owego. They took a long time developing the feeder system for Owego, and an Albany shredder would impact that.
I would love to see one as I think it would cause prices to go up some.