eesakiwi- Are you sure that your light steel scrap is only worth $6.50 U.S. per metric ton??? That equates to only about .003 a U.S. penny a pound (6.50/2200 pounds). That just seems ....strange given even the worse U.S. price I've heard about is a little above a penny a pound. What would make NZ light scrap steel be so worthless???
one yard here is paying .008/lbQuote:
Originally Posted by DakotaRog
or $20/ gt
Four months ago (4/11) I was at my old steel buyer, quoted a price of $15 a ton ($.0075 Lb.), I chose to not sell and find new yard.
ok, I miscalculated, it should be about a third of a U.S. penny. But, still a third of our crappiest price?? No one must re-melt the stuff on New Zealand and China, if they were buying, probably doesn't want to deal with smaller, more infrequent shiploads from NZ than say the States with such a larger population. Doesn't Japan and anyone else in SE Asia besides China buy any scrap steel??
Up 10 to 20 next month is what I am hearing
Gee fellas, I thought we were doing it tough down here in Oz. We're getting $40-$60/Tonne for shred and slightly better for heavy. Don't know when we will see better prices with the price of Iron Ore dropping almost daily. I'm just concentrating on non-ferrous and any steel just gets put into a pile until better days. I'm lucky to be living on acreage out in the bush, so I've got plenty of room.
I saw an interesting talk about the iron ore trade between Aus and China. I've added the scrapping/scrap trade aspect. So here's goes not a complete circle but maybe a bit of a boomerang (couldn't resist my friend): 1) iron ore is mined in western Aus and shipped to China where it is made into steel. 2) In China, its made into a consumer product that is shipped to the U.S. 3) There it is used and eventually is scrapped. 4) The steel scrap heads to a U.S. port and shipped back to China. 5) Repeat steps 2 through 4. Until recently...
About two weeks ago and on a different thread. I said I was ready to sell another ton of light steel. Well It didn't get sold until this last Friday (8/28), couldn't find the other thread so wll post price on this one. I sold 2,368 pounds for $100 a ton or about $0.05 a pound, not all that good, but a little better than last two trips that paid $0.045 a pound.
The bad news, this yard said they bought circuit boards, so before I loaded anything I called and asked for a price quote. I asked for price on "their price on low grade boards of the lowest quality?". Lady said they would have to see them, but about $.25 a pound. I have over 500 pounds, but only loaded about 200 pounds. The price seemed too good to be true, my last buyer bought this grade for only $.03 a pound. I took them to scale only to be told, they don't buy "brown boards", I was a little pissed! I asked to see the manager (a person I have dealt with for awhile, but he worked for another yard, then). I told him about the phone conversation, he apologized about that, would get lady on phone corrected, but they don't buy brown boards period. Maybe my fault, I described them as "low grade boards of the lowest quality" and should have just said "brown boards", live and learn. Manager did call me on Tuesday morning and gave me a phone number of a circuit board buyer, haven't called yet, but will soon.
Yep, NZ$10 a Ton for lightgauge. Last time I went to the scrapyard it was almost empty of Ferrous. Its never been that empty before.
I will check again in a few days. I have 30 -40Kg of Copper from microwave transformers to scrap down and sell.
I have always used this site to give me a idea of what the current prices are. Scrap Metal Price, Pricelist - Metalcorp NZ
Its a north island scrapyard, I'm in the lower South Island. But their prices have been better than mine by a bit. Its suprising to find they say they are buying lightgauge at NZ$100. Weird. I will find out why next time I am there.
NZ$50 a ton for car bodys though, I expect thats when they are 'clean' too.
I don't think there is a shredding plant in the South island. There is one in the north island, owned by Sims.
Sims metal has been in NZ for decades.
A quick look on wiki tells me Sims started in Austraila near 100 years ago and got into NZ bigtime during the early 90's. Since then its gone worldwide.
It also says they buy escrap, not at my scrapyard though. More stuff to find out.
NZ exports coal to China for the steel business, and a few other places. We have just had one mine close down. It was open for over 100 yers too.
I get the impression most of our scrap goes to the middle east. Gets turned into reinforcing bar and such.
It is profitable for me to pull brown boards from everything here as it is over 5x the price of light steel...who'd a thunk... couldn't sell it 8 years ago, didn't want to pull the weight three years ago..now it's moneymaker.Quote:
Originally Posted by bigburtchino
constantly changing business were in..
NHscrapman - Not sure if this company does brown boards, but they are a large recycling and refiners of metals and processor of E waste. The companies name is Colt Refining & Recycling (Merrimack & Hudson, New Hampshire), a large buyer used mostly by large fortune 500 corporations (not somebody you or I sell too!). They have a good video on YouTube, gives all of us how E-waste is processed on a large scale. There circuit board shredder at Hudson has a 4 to 5 ton capacity per hour. The video gives you some idea of the entire process from shredding, to magnetic/eddy current separation, furnace, milling, chemical stripping, to ingot. I found it interesting, noticed no brown boards!<br>
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Here's the video. https://youtu.be/CjuLiR2zZtA
Well i got a call today tomorrow scrap is going down$10 per ton
Not 100% but I "hear" brown boards go to a copper refining plant specializing in that process.have yet to come up with a company name.. but if your around the yard enough you know what trucks are going where.. just haven't seen the pc scrap ever getting loaded..Quote:
Originally Posted by bigburtchino
yeah When I started looking for local buyers ended up finding quite a few of these operations in southern NH and Mass..
I may possibly have family in this exact buisness.... but last time I talked about it the family lawer called me :-o
We are down to $80/ton here. It just dropped $20
We dropped $10
$50 / ton today at the local feeder yard in Iowa
Well, I probably knew it was going to happen after seeing some recent postingd of further declines in steel but still sort of slap in the face yesterday morning with light steel here dropping to the infamous penny a pound!! With my little car load, I got enough to buy a 20 oz. pop at a c-store. Can't wait until my storage unit lease is up at the end of October and maybe the last 4 Monday curbcos will yield something decent to resell or part out. Another electric scooter or Hoover wet vac will make me much more happy in October than a couple of sets of cut up light gauge swing sets...
$2.00 for a hundred pounds light iron...thats low
Still at 90/Ton for sheet iron and 140/Ton for HMS Prepared today. South side of Chicago. But Oct. 1st is coming.......
Gus4113- It was a $1.00 for a hundred pounds of "tin" for me or $20 a ton. My last "load" in early Sept. was $40 a ton. I calculated that since late summer of 2014 when I got one "load" for $115 a ton, light steel has dropped 83% in value around here.
We just stopped buying steel. Just sold 14,000lbs at 50/ton
Yesterday was 90, today.....55/ton. Yikes
Boss was told steel dropped $60.00 ton. Looks like we are going down to a penny a pound. Won't be long before its ''leave it if you want but we aren't paying for it.''
Took a small load in today. Dropped to $40/ton. Payout was $17.20. Enough for a jar of vaseline and some lunch.
i hope we are at the bottom....everybody waited all winter for prices to go up and here we are.....at least aluminum cans are holding steady at .30 cents
Down to 60/ton here in DFW today. There are two plumbers who live in my neighborhood, and they leave me their waterheaters to dispose of pretty regularly. I used to get soooo mad when I'd go out back to my driveway & see that they had left me a waterheater but someone had taken it. You could tell because there'd be some rust dust or maybe a stain or perhaps the empty box. (I don't like it when they leave those, but I'm smart enough not to complain!) Now, though... I think I'ma just go back there & pull any copper/brass/wiring & let whoeever has been stealing them have them. >:l
At these prices you're literally losing money with vehicle wear & tear & risk of flats, risk of a wreck, etc.
My Mother is an economist and she says we most likely wont see a rise in steel until March. Almost no chance of a rise through 2015 and a very, very slow rise starting in 2016. She also says that the price it rises to, probably about 8.5 or 9 cent a pound will be a true value rather than the bubble we had. This is barring further catastrophic global economic events, ie Italy and China artificially inflating the markets
Absolutely right!Quote:
Originally Posted by SteelMill
But be forewarned Copper will continue to spiral down sell it know or be prepared to hold it for years $2.00/Lb is about true value not that $3.50-$4.00 bubble
V/r HT1
Here in Kansas can expect to see it as low as 25$ a ton. Getting rough out there. It's becoming a buyers market on cars now. Stocking up I am.
I got a price list yesterday and shred is down to 90/ton, clean steel 130/ton
One of the yards here in Milwaukee has a listed price of $20/NT this morning....
Today I dropped off 2100# and the yard was paying $0.0375 a pound. I have been a regular scrapper since 2006 and this is the lowest I have ever seen it. All during the economy recession of 2008, it never dipped below 4 cents a pound. This is in Houston, TX. My regular job produces a lot of shred steel so I will still haul it in because other option is to pay to dispose.
Yeah, if you had to pay to dispose, you'd have to add that to the equation, but simply picking up & scrapping for profit from the sale is different from my (and most of our) situations, I gather.Quote:
Originally Posted by TexasDeere
I'm just waiting for my yard to post a ""You can leave it here, but we ain't paying for it"" sign.
That's the sign I have at my shop.Quote:
I'm just waiting for my yard to post a ""You can leave it here, but we ain't paying for it"" sign.
@steelmill I actually think it's gonna be 2017 before it goes up again. @taterjuice some people act like they have never seen prices this low. Most people on this forum weren't scrapping in the 80-90's and remember prices like this. Knowledge is power and those who have it will survive.
In 2000 sheet iron was $.0075 a pound $15 a tonQuote:
Originally Posted by PistoneScrapProcessing
I still collect iron scrap. But I don't go far out of my way to collect it. Remember you still can make that new connection, which can lead to different scrap, or a new ave to make that dollar. $45/ton here
Right on que, 2 waterheaters in my back driveway when I got home today.Quote:
Originally Posted by auminer
So of course I went & got my dolly & carted them into the garage because I'm a darn scrap addict! LOL
**EDIT** Hey, at least at these prices the thieves quit taking them!
$33 a ton today sucks balls! Down $82 a ton from Jan!
Sullivan Metals - Scrap Metal Price List
Look at this price list from Holyoke Mass. $0.00 per GT for Light Iron, #2 and #1.
My yard (in Pittsfield) is at $0.00. Yard in Lanesborough is at $0.01.