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In Ottawa, Canada, where I live, Shred price is down to $75/MT from $90/Mt in 2 weeks. Copper #1 is down to $2.30 from $2.50 and #2 is down to $2.10 from $2.30.
I've been doing a lot more small engine repairs and disassembly of scrap - also thinking of getting into value added plastics recycling.
Interested to hear what is going on elsewhere.
In Wyoming, we're at $40/Ton for shred (Our tons are 2000#). More than scrap value is always a winner- especially now....
jumped from 90 to 100 other day. ill check tomorow
$40 / ton here in eastern Maine for light iron
My yard stopped buying unprepared steel today. Closed out at $20 per short ton.
Still 120 a ton here. It was 50 back in January.
I got 125 a gross ton yesterday at my main yard. Its been 125 for about 2 months.
I've been getting .065/lb for shred and .0775/lb for clean iron, .09/lb for heavy melt for a few months, but then I've noticed my yards prices are always 2-4 weeks behind the American's that post on the forum. I always know when the prices will drop significantly because you guys give me a heads up. Thanks.
wow, Topsfield...been awhile since I've been there. Did some deer hunting up in Codyville. Population 6 I think :)Quote:
Originally Posted by farrarrecycling
no I seen an increase in heavy and shred this past few months I do shred local because of bulk so only 3.25clb but for heavy I ship out and its went up a little last week to 10.5clb so doing good with prices for now lol
Quote:
Originally Posted by AdmiralAluminum
150 / NT Here! Getting a great price and am really liking taking in steel, copper is down at $2.30 #1 though
Called Schnitzers and got quoted $50 for shred. Then he put a buyer on the line and HE offered $90 for light/$110 for heavy.
A quick phone call to my Pacific guy and he said they'd match it.
Competing nicely. Now, if only Pacific had a magnet.....:rolleyes:
110 - 120 a ton shred or 125-140 heavy / prep for me
A magnet isn't the only thing that they need.
It sure would help, though. Even the local yard has a magnet!
I took a trunk lot of shred in today before work to my new nearby yard (loving that big place!!). "Tin" is up to $80 a ton which is a 100% increase in th elast 2 months. I sold a little Cu at $2.00 for #1 (Devin, I consider this "good" for around here recently) and $1.80 for #2. Only had a few pounds each though. $2 a pound is about the best there is for any scrap metal around here. Sounds like the "heartland" for shred is ok compared to the coasts. I suspect middle of the continent buyers have end-users in the general region or next one over whereas West and East Coast guys are feeling the full affects of China's economic flu...
Steel down $80 a ton since Jan around here
Port perry is 125-130 for mix /shred
I took in some metal yesterday.
Light gauge was NZ$10 a ton.... That's US$7 Per 1000kgs....
Lucky I don't scrap ferrous....
Got NZ$6.25 / kg for Copper #2. Great price!!! Was expecting less than $6. Even $5....
Ali prices were good too, above $1.10/ kg
I think I am getting 'special prices' now. Ssssshhh don't tell anyone...
NZ$360 in my pocket ($300 US$?)
Heavy steel still has a proper price
Oh, they forgot to pay me for the copper domestic. I know what happened though. I had things seperated and they pulled my 'burnt copper wire' out of my 'domestic copper' sack and gave me 'Copper #2' price for it.
Then we put the domestic copper sack aside and forgot about it.
Oh, I did get a low price for my car battery's. 45cents a kg rather than the 70cents/kg that I thought it was worth.. That was weird. ('roll the r when you say "weirrrrd") cost me $20 odd.
in the SE steel will drop the first of next month expect to see retail pricing slip immediately
$110/ton here for shred down from $115 a couple of weeks ago. It's holding while everything else is dropping.
I live between 2 steel mills and that's who the local yard mostly sells to.
5c lb tin with a anticipated drop to 4c next Saturday.
China is currently going through the hangover of a super charged growth spurt very simular to the one the u.s. went through in 2008. They recently lost almost 3 Trillion dollars (u.s.) in an economic bubble. History tells us that any economy can not sustain any growth of over 7% for very long without a readjustment (bubble burst).
"the commonality of history is, that no one seams to ever learn from it." Mark Twain I think.
Down to 50c a pound on no plugs 50% wire now. Was 60 for awhile, then up to 75 for a week, then 65, now 50. Copper has taken a beating though...hoping it bounces a bit back up to about where it was, as I am sitting on about 500 pounds of wire.
Quote:
Originally Posted by Scrap808
By me we are at $124 GT But you never know what can happen over nightQuote:
Originally Posted by farrarrecycling
still $40 / $20 per GT What's going on ???
I sold steel ,all grades any grade, for $20/ton all thru the 90's, and told people here when it started slipping in january to look out, all I heard was "i'm going to hold"... I don't
know what to say steel is still slipping, Cu and Al are sluggish at best, Nickel is completely bombed, and will never bounce back. nickels uses are going away and creating a glut, there are so many Stainless steels now with little to no nickel the market is glutted, not to mention the Russians are selling it off like it is free to support their non war wars
really the only people seeing any good from this is the MRF's because people have stopped curb shopping so MRF's are seeing the scrap they should have always seen, of course it is near valueless so "shrug"
V/r HT1
Now that metals seem to be slipping, I've wondered what the next bubble will be. There was a technology stock bubble in the 1990's; I thought about investing in steel companies at that time, but they were going bankrupt. When the technology bubble burst, I remember money started flowing into real estate investment trusts, and in the 2000s, there was a real estate bubble. When that bubble burst, money started flowing into precious metals. If the precious metal bubble bursts, and anyone on the forum has some thoughts on what the next bubble will be, I'd be interested in hearing them.
What are - - MRF's
I understand the concept
But urban slang MRF is ??
I haven't sold any scrap for awhile (6 weeks), my doctor wants me off my feet as much as possible and markets are down so putting my efforts where I can make the most. Today I had to sell some CRV, before I get buried in it (takes up a lot of space & attracts bees). Even the CRV rates are the lowest I have ever been paid in last four years. Was paid $1.95 for aluminum cans and $1.17 for plastic PETE, normal rate for cans is $2.10 to $2.15 and as high as $2.25. Plastic normal is $1.20 to $1.23 and as high as $1.25. Also sold 50 pounds of #2 copper and got $1.95, sold that more out of curiosity and keep my buyers interested in me! I would say rates are way down across the board.
Since it is based on debt and not a tangible commodity it could be the u.s. dollar. Texas just authorized it's first Gold backed state bank. Lakota Bank did it several years ago. Texas is also the only state with a completely independent utility grid.
When Texas agreed to join the union of American states It joined by contract as a independent republic not as a territory. The independent West Florida Republic was never asked but was added to The Florida Territory by Presidential edict. (executive order). The Republic of West Florida ,boardered roughly by the Black and the Apalachicola rivers.
You left off the student loan bubble which is bursting at the moment and is HUGE. I expect the medical field to collapse in the next decade taking with it many leveraged hospitals (taking loans out to buy smaller ones) which will in turn kill off drug makers and drug sellers plus many doctors and nurses. Too many people making a decent living on healthcare and when it implodes it will be ugly. The SS disability fund will run out of money soon, Medicare is going to run out of money in a decade, and SS will be using more money then they receive from working people (and we know the SS fund is just an IOU). So when the old white voters start *****ing about their healthcare problems the US GOV will have to start cutting defense spending to shore it up (mostly by firing military personnel and contractors first).Quote:
Originally Posted by mikeorloff
I don't see a good spot to park money as an investment unless you have a few hundred billion to buy a FED bank and loan imaginary money to the GOV and collect interest on it. I do see food prices going up especially with long term water issues in the US followed by diseases at the major chicken, pork, and probably cow producers . I just can't see non rich people profiting from it because of capital needed.
Municipal recycling facility. that is where the stuff in the blue bins beside the road are supposed to end up!Quote:
Originally Posted by Copper Head
material recovery facility (MRF) in Tucson, Ariz. The MRF, designed, manufactured and installed by CP Group, San Diego, will be able to process 25 tons of recyclables per hour, according to ReCommunity. The installation was completed in July, and the facility is now in full operation.
The system is designed to process old newspapers, mixed paper, cardboard, beverage cartons, steel, aluminum, plastics and glass from the city’s residential recycling program