how are the prices? 3-15-11 and do you guys think the japan tsunami has an effect?

how are the prices holding up? getting about 50 or more pounds of copper by this weekend. i havnt been in sense november so im not sure how the prices are, but i have heard they shot up during the winter. let me know guys, thank you.


also do you guys think the tsunami in japan has anything to do with the scrap prices? ive heard the scrap prices tend to follow the stock market, which has been shooting down sense the tsunami. what are your opinions?

thanks mick, i just checked my receipt's and in oct. 15 it was 2.75 a pd for #1. in july it was only at 2.25. Not sure why, but i love keeping my receipts. hopefully the prices wont take a huge drop...

Since last week copper has gone down .40 lb...not good!

Last week #1 copper at my yard was 3.80/lb. and #2 was 3.55/lb. Yesterday it went for #1 at 3.50/lb. and #2 for 3.10/lb.
Interesting to see where it all goes from here.

scrap metalscrap metalscrap metalscrap metal.

anyone else use this site? i have no clue what 99% of it means, but i can tell that prices are going down haha. not sure if this is even for scrap prices...

http://www.metalprices.com/

Non-Ferrous prices have dropped in the last week, here in SC.
The yard that I use has dropped back to prices similar to Nov 2010.
Bare/Bright is down from 3.55 to 3.00
and the other grades with similar drops.
Stainless down .05 to .85 for #304
AL Cans still at .80
Regular ferrous/shred is holding at $12.50 on the 100lbs

Some of these prices dropped overnight, SO, if you guys are buying copper to resell, you sure better keep up with it on a daily basis, as you could lose money quickly!!
Good Luck !

As of 03/17/2011 (went to the yard yesterday)

#1 copper - 3.35
#2 copper - 3.10
Aluminum - .55
AL breakage - .15
#1 insulated - 2.00
#2 insulated - 1.15
Electric Motor - .25
Aluminum Cans - .70
Christmas Lights - .25

those prices are great, I know there are yards paying more but most pay alot less. Some paying $2.oo per lb for copper.

I would think the opposite, scrap prices will probibly go up due to the tsunami, they will need a lot of iron, copper, aluminum, alloys etc... to rebuild. This goes back to supply and demand.

well i got 50+ pounds of copper just today, getting more tomorrow. ill be preparing it and hopefully be bring it back this week sometime. ill let you know what i get for a price

Called my usual yard this morning, and they are buying No. 2 copper for $1.80/lb. Three weeks ago it was $3.20. Called another yard and they are buying at $2.65/lb.

Which is funny, since the spot price this morning is around $4.40lb, which is higher than it was three weeks ago.

Guess I won't be selling copper today.

seem to be about the same here 225-240 for light iron 275-290 for long steel and 310-350 for short. .20 cents a pound for electric motors and 1.75 a pound for brass radiators just took a load about an hour ago

I dont think steel prices wil go down becuase that stuff mostly goes to china not japan.Japan is where most of the non ferrous stuff goes.

Had my wife take in a load this morning. Here's a few prices that I remeber. I will post the rest when I look at the list.
#1 copper $3.70
#2 copper $3.50
Electric motors .35 #
alum rim .85 #

I ended up with a total of $328.55. I was really happy with the prices.

Originally Posted by Ace

Had my wife take in a load this morning. Here's a few prices that I remeber. I will post the rest when I look at the list.
#1 copper $3.70
#2 copper $3.50
Electric motors .35 #
alum rim .85 #

I ended up with a total of $328.55. I was really happy with the prices.

Those prices are good to see.

I took a load in last week at my local yard. Here are some of the prices

light iron - .11
electric motors - .30
#2 insulated copper - 1.35
#3 insulated copper - .52
#1 copper - 3.30
#2 copper - 3.00
yellow brass - 1.95

Those are good too Jeff. Here's what my ticket said. I was off a little on what I thought my wife told me.

#2 copper 3.15
#1 Copper 3.70
Alum Can's .70
Yellow brass 1.95
Alum wheel .80
Cast .55
Elect Motors .32