Sold some shred today in Cleveland, TN right above Chattanooga. Sold 720 lbs. shred for $36.00 ( $5.00 per hundred). Also sold some copper transformers, ballasts and small electric motors all at 10 cents per pound. Got talking some to one of the yard guys there and I was saying to him how bad the scrap prices were because of the dollar keeps climbing up on the currency markets. He said "Naw, that's not it. Scrap prices have been down because of longshoreman strike. Had 85,000 ton shred sent back because of it."
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