Well ... you do have to be careful about " snapshots ". It could be that you hit the yard on a slow day. The "picture" that you walked away with is that things are slow.
Maybe you do have the right picture though. Just for the heck of it ... let's go with that. Noodle it through. What might that tell you ?
Admittedly ... it's all guesswork ... but this is one possible explanation. Ferrous is slow right now. The prices aren't very good. Maybe it's just not worth doing once you figure in your time and operating expenses ? This is all about the M-O-N-E-Y. It's all a numbers game. Maybe it doesn't make financial sense to do it right now ?
Non ferrous is a little different because the price per pound is a bit higher but still ??? This is an awful lot like work. Is the juice worth the squeeze once you figure in the labor involved ? What about the wear & tear on your tools & equipment ?
So much of it is situational. Maybe you had a great day at the yard and walked away fully satisfied ? Maybe it's different for somebody else ?
It could be that times are changing too. Maybe the days of the small scale scrapper are slowly drawing to a close ? Maybe it's going to be done on an industrial scale in the future ? Just toss it all in the shredder and let the industrial process sort it all out ?
That could flood the market too couldn't it ? Maybe it's the economy of scale driving scrap prices down ?
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