Scrap Metal Prices Are Tumbling Like A Rock!

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!).