Kitco represents the market market = millions of tones (not tons)
next world market buyers/shippers 10 0f thousands of tones
below them you have district collection yards./and very few larger smelters. deal in thousands of tones
regional collection yards/ some smaller smelters deal in hundreds to thousands of tones
local yards deal in hundreds of tons (not tones)
local larger scrappers a few tons
smaller scrappers a ton or 2
hobby/part time scrappers a few pounds to hundreds.
Each takes apiece of that .95 for gross profit
the farther up the ladder the smaller %
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