Quote Originally Posted by utahscrapper View Post
I was surprised at how quick the prices tanked here in Utah. A couple weeks ago it was 170\ton for shred. Went in Monday and it was only 140\ton. Thats a pretty big percentage drop.

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?