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How much profit do the scrap yards make per pound?

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  1. #14
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    Non sexy items I love it can we add torch material to this list of non sexy items. 50 dollars a ton for scrap steel is typical when you are talking about shred material and prepared iron. Most people don't consider shipping cost, labor, huge diesel chugging material handlers, crazy insurance and workers comp, Salesman account bonuses, keeping the lights on, upkeep on trucks, etc. All of that is figured into the cost of there buying price and whoever they can sell it to for the highest price. Keeping processing prices as low as possible is the aim of every yard. Turn around has to be lightning fast in order to bust off that huge profit.


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