Is magnetic stainless worth anything? I have never found a buyer for it.
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Is magnetic stainless worth anything? I have never found a buyer for it.
Around here, it goes with Iron/SteelQuote:
Originally Posted by landmine
Here in orlando CnnC takes it if it slightly nnagnnetic
I just throw all my magnetic ss in shred..they wont pay me any different..I'm guna try a different yard tomorrow..what do guys think.. but then again how do I k.ow for sure it is ss n not plated steal?.. I mean it is magnetic but shiny...I'm I. The metal finishing biz...I can make steel look like copper...obviously not copper but just saying...I always had trouble grading ss
If it's manetic it isn't at least 11% chrome and therefore is not SS gradeQuote:
Originally Posted by scrappy888
non magnetic. Ss goes for round quarter a pound round here
18/0 or 430 stainless is magnetic but contains 18% chromium. It is the nickel that is missing like in the 18/8 or 18/10 304 grades. I imagine the chromium has value but is difficult to tell the difference and separate so the yards just get this as a freebie :)
I just got .65 for my stainless steel. If any pull to a magnet then they put it with steel for .11 a pound
Same here hobo...cant get a cent more for the magnetic..
I just took in a SS commercial stove and got shred price for it. I was just happy to get rid of it because it was covered completely with half an inch of grease. Sometimes I really wonder about eating in restaurants...
I throw all of my stainless in a barrel regardless of it
being magnetic or not and the yard doesn't mind. I got around .55 a pound last time I went to the scrap yard about a month ago.
Over the last couple months they were cleaning out an old Howard Johnson hotel here. It was a hotel/resturaunt/bar. When the place shut down, they literally walked out and left everything. The deep fryers had 4 year old grease in them, cereal dispensers had moldy cereal, etc. They were selling "entire rooms" (ones that werent damage by leaky roofs). Every mattress I looked at was stained. Well, people bought this stuff, and bought it for their own buissinesses. Makes me sick thinking about it.Quote:
Originally Posted by BurlyGuys
Typical packer fans...that is disgusting though
It is worth money if you have enough of it. Start at a ton or more, then bargain with the scrappers.
Stainless steels at a real low price, anyone know why? Less to bargain with with the buyers, ****.
It used to be the 'diamond' in the scrap pile, good $ but we didn't know how much $ untill we sold it.
Most of the dishwashers I have scrapped have had a (un)fair amount of magnetic stainless on them.
as a rule if a magnet sticks it is shred, as said above.
I was also told that if I can produce the exact same type / alloy in weight, they will buy at better than shred, but will have to hit it with a gun to determine grade alloy content. Less than 500 lbs is not worth their time to find a outlet for,and they prefer at least one ton. They also prefer it to be single pieces or a few large chunks. Something not many of us can produce, let alone squirreling the same exact alloy in that kinda weight.
I send mine as shred simply because I don't get enough magnetic ss to even come close to making it worth separating and attempting identify alloy content.
You guys are getting a good price for SS. Saddly today I got 0.28 for non magnetic SS in my area and I have never seen it higher than .40