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I Got X.XX For Shred Today

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  1. #11
    hills is offline Metal Recycling Entrepreneur
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    We shipped out a pulper truck with attached trailer a few days ago. The metals pile was getting big and hard to tend. Just guessing but maybe 30-50 ton of semi compacted shred ? It was headed off to a large metals recycling company that's based in Canada. One would think that shred prices would be expected to drop this time of year because there is so much supply with people doing their spring cleanup projects. We've been getting slammed lately.

    I've worked gas stations off and on for a long time. Prices usually start going up a bit before Memorial Day here in the states. ( That's next Monday. ) Memorial day has been the traditional kickoff date of our summer tourist season. Higher demand with people leisure driving hundreds of miles on vacation usually translates to higher prices at the pump. They also claim that the gas is specifically blended to meet emissions standards at higher summertime temps. It's more costly to make so it's more costly to buy.

    JMO ... i'm more inclined to think it's just supply and demand. Most retailers here work a margin of 3 -5 cents a gallon of net profit. The tankwagon haulers and the refineries tend to work certain margins as well. It's not a huge money maker unless you're doing massive amounts of volume. The real money is in pumping and exporting crude oil on the global market.

    Last edited by hills; 05-25-2023 at 03:38 PM.

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