I'll keep buying as long as I keep making money
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I'll keep buying as long as I keep making money
Indianapolis checking in. Last week, $233/nt, on Monday of this week it was $190/nt.
Just left a yard in central TX - $0.04/lb for shred. Yep, some yards are down to $80/ton. That won't even pay the gas to drive the truck and trailer.
Down to 80/ton waredu but what was it before?
Sorry - I've got 2 yards that I use - one for metals, and the other for boards, motors, etc. 2 months ago the metal yard was $200/ton and last month it was $180/ton. That was at a different yard though. I called out there and they're at $140/ton now.
The yard that was at $80/ton is the one that takes my regular low-grade boards at $0.28/lb and the low-grade boards from TVs/monitors with the big flyback transformer for $0.22/lb. It's more into e-waste.
Well last week my yard was back up at $9/100lb.
Not great, but a heck of a lot better than $7.5/100lb
still holding at 2.05 here in Cincy. It was 2.45 in April-May then the May-June steady decline. With what I am hearing from others, I am grateful for where it is here. Have a great day! BroJer
Wouldn't hurt my feelings any if the prices wait til October to come back, I hate torchin in 100 degree heat !
Went today (6-19) to the yard and its still at 220/ton from 245/ton. not bad.
Went to the shredder today, holding steady at $12/100lbs as it's only dropped from $13.50/100lbs. This is in SC.
Where is the good ol' days????
I can remember I use to get $603.00 per ton packed in containers
I miss those days :(
$230/ton #1HMS today's price for me. the most I ever got for #1HMS was $310
im getting 10.75/100#
In Houston, I took a load in last week and received $9.50 per 100. Yesterday I took another load in and it was $9.00 per 100. It keeps sliding down. Then again, I continued to scrap all through the $0.04 a pound days so I will just keep doing my thing.
Quote:
Originally Posted by utahscrapper
1997 Scrap Shredders were paying yards $98 net ton for crushed autos, business was booming scrappers were getting $2.25 per 100 for junk autos, than the market crashed. The only difference I feel since than is the fuel cost, overhead is relatively the same despite inflation.Todays lows are still way better than that year. How many of you will keep scrapping at $50 net ton?
Sheet iron down to $160.00 a ton by me was $230.00 before Memoral Day!
here in north nj price is 7.5 for light steel down from 10.5 2 mounths ago
$0.07 for tin in SE OK., $2.00 for #2 copper
Central Wi., tin dropped to 0.05 today. Ouch!
Tin and unprepared went from 195 ton 5 weeks ago. Today is 120. Brass copper both hit the tank in so. mn down 30% since end of May. Guess I will stockpile and ride it out.
Down to $170/ton and I was warned of another $50/ton drop by the end of the week in Colorado. Local mill in Pueblo is not buying at all..zero. That is unprecedented for us. So it all gets shipped now. I am thinking a stabilization at around $100/ton. Odd,fast drops in shred prices, there must be some news coming that is not so good...
What's crazy is that I quit buying any ferrous metal three weeks ago. Still getting calls and emails to just "get rid of it". Got a load Friday and going back to get the rest of it tomorrow. It's going on the pile and waiting for prices to go back up. Sorted out the aluminum gutters, aluminum wiring and copper pipes.
last time i was at the yard, it had fallen to $0.8/lb which is $160/ton. Sigh. I just hope it does not drop to $0.05/lb. Aluminum cans have dropped from $0.75/lb to $0.45/lb.
Copper, Brass, Bare Bright, #2 Insulated, #2 .... ALL of it is falling.
Happy Scrappin!!!
I also am not going to buy any ferrous for a week or 2, and I will have to be very conservative on all other metals. These kind of drops can be great opportunities to stock pile and get more "freebie" metals. I would start hording heavy iron,electric motors,and insulated Cu wire, maybe cats as well. Keep the light shred,Al, etc. moving to keep generating income. Then, one day, you can hit it big, pay off the mortgage and take a 1/2 day off (then back to work!).
Still $140/ton at the yard I trade with here in Central FL. With the price dropping fast the wanna be scrappers are dropping out as well. I picked up 4 more contracts today alone and plan to hit other various shops in the morning.
The yard was **** near empty of shred and only a few junk cars. I was scaled in, offloaded and scaled out in under 20 minutes since there wasn't anyone to get in my way!
The one upside to prices being poor, no one to contend with at the yard.Quote:
Originally Posted by Metalfan
I took in a load of non-ferrous yesterday to Western scrap in Colorado Springs and everything is down about %20. AL products are in the $.40 to $.50 range, Al cast wheels down to .60. Lead batteries down to $.25. Electric motors down to $.25. Bright CU $2.87. Insulated wire $1.00 to 1.30, Brass $1.80. I get paid a bit better due to my volume so counter customers will be lower. Shred was at $160/ton..that may change today.
one good thing is I space to hoard and I am part time
I quit buying, a lot more free stuff to pick up now. Its down to $100 ton for shred at my yard. Time to stockpile and wait
For shred,It dropped again here on the south side of Chicago. Currently at 185 a ton from 210 a ton.
# 2 light iron down to $100. here and all alu is down to .30 and from what Ive been readin from China it aint lookin good.
Sheet iron down to $170.00 a ton by me. I was going to hold the small amount of steel I have but found a water heater today, NOT going to unload it and store it in the yard so I guess I will load up the other steel and be done with it! .07 or .115 a pound It is still free money!
One of the bigger yards in the Boston area that always posted all there prices , now has them disabled ?
Another is advertising 07 / 11 / 12 that they are paying $ 160 a ton ( .08 /Lb. ) for scrap cars .
$220 a ton for shred here in Ohio at one yard!
Our yard up here is currently $175.00 ton and is still tumbling. The yards have contracted out trucking companies to ship out their stuff out faster.
We all know what that means.......
My family is fortunate enough to have another that compliments our scrap company. We operate both companies at the same time. Scrap in the truck and our other stuff in the trailer.
So when prices are down on scrap, we really rely upon our other company.
We are down to .07 a pound in south Georgia. Let the weeding begin.
Couldn't put it better ! Time to seperate the man from the boys ! Put on your big boy pants and hang on think its gona get bumpy !Quote:
Originally Posted by scraptologist
here's why, cause china ain't buyin http://www.scrapmetalforum.com/lets-...6-29-12-a.html
Shred here yesterday was .06 #2 Ins - .50 Brass/Copper radiator $1.40
Just called omnisource
shred is at 180/ton
probably the best prices in my area for sure
I swore I was going to exclusively collect assets and not liabilities for the rest of my life. I swore never to take gambles I couldn’t back up, or that I couldn’t afford to lose. And, I’ve stuck with that ever since.
Tim Blixseth
I'm leaning towards seeing prices going back up soon. Not a whole lot but oil is climbing slowly, more cargoes are being booked overseas. Im hoping for a small rebound soon.