What ewasted said is very true. Our line or making a profit, braking even, losing money is VERY close and we lose money all the time...we just have the standing power to either take the loss and keep going or just hold onto it until the market is back up.
Another thing ewasted did not say was the labor we have to put into all the scrap even if it was all ready clean we have to check it and regrade it. So its many factors and here is the BEST bit of info I can give you.
Do what you are now. Find places to buy the scrap from and then sell it to a ewaste company either that be me or someone else...work up a friendship and get better pricing with both more weight and friend ship (spending time on the phone or even sending an e-mail every now an then are really great) and work on the prices that you are given. After a few when you build up a larger amount you can either stay with the same buyer (by this time is giving you even better pricing) and or start looking for another large buyer who can give you the better pricing...and do everything all over again until you can send truck loads...that is when you start to look for a refiner...not when you have 40pounds.
Think of it as a ladder....take one step at a time.
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