Results 1 to 20 of 23

Prices

| A Day in the Life of a Scrapper

Threaded View

  1. 01-28-2012, 04:08 AM #9
    injunjoe
    injunjoe is offline Experienced Scrapper
    injunjoe's Avatar
    SMF Badges of Honor
    Member since
    Jan 2011
    Location
    Central, FL
    Posts
    1,308
    Thanks
    1,247
    Thanked 1,195 Times in 595 Posts
    Quote Originally Posted by Copper Head View Post
    or even a formula as to how to reach the figures i get paid .
    Simple my friend. Start writing on your scrap receipts the days spot price. Take what your yard is paying and divide it by spot.
    This will give you a percentage of spot price of what that yard is paying. After a few receipts you will start to get a few different percentages that you can average out and give you a pretty good idea of what your yard is paying at any given spot price.

    Remember in school kids were asking when are we ever going to need to know this. Well here you go!

    Example; Today spot is $3.86 my yard pays about %76 of spot for #2 copper give or take a little. So I know my yard is paying about $2.93 for #2 copper.

    When the white man discovered this country Indians were running it
    no taxes, no debt, women did all the work.
    White man thought he could improve on a system like this. - Old Cherokee saying

    I did not surrender, they took my horse and made him surrender. - Lone Watie

  2. The Following 4 Users say Thank You for This Post by injunjoe:

    12oclock, Copper Head, corycouch, KzScrapper
« Scrap place in town won't take my loads | Tired after a long day! »

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

 
Browse the Most Recent Threads
On SMF In THIS CATEGORY.




OR

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules


The Scrap Metal Forum

    The Scrap Metal Forum is the #1 scrap metal recycling community in the world. Here we talk about the scrap metal business, making money, where we connect with other scrappers, scrap yards and more.

SMF Recommended Links

SMF on Facebook and Twitter

Twitter Facebook