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Shed price rising

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  1. #1
    SuperDave is offline Metal Recycling Entrepreneur
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    [QUOTE=Otto;261718]Shred's up $15.00 to $55.00 per tonne here in Ottawa. My feeling is that this is due to the arrival of snow cover (which reduces supply) and increased interest from US buyers because of our low dollar. At the current exchange rate, $55.00 Cdn is about $39.00 US. This is probably a bargain for the bigger scrap outfits just across the line in New York state.
    QUOTE]



    Up to 75$ net tonne in Cornwall. Almost doubled from 45.
    You are gross tonne in Ottawa.

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  3. #2
    Otto is offline Metal Recycling Entrepreneur
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    [QUOTE=SuperDave;261885]
    Quote Originally Posted by Otto View Post
    Shred's up $15.00 to $55.00 per tonne here in Ottawa. My feeling is that this is due to the arrival of snow cover (which reduces supply) and increased interest from US buyers because of our low dollar. At the current exchange rate, $55.00 Cdn is about $39.00 US. This is probably a bargain for the bigger scrap outfits just across the line in New York state.
    QUOTE]

    Up to 75$ net tonne in Cornwall. Almost doubled from 45.
    You are gross tonne in Ottawa.
    Actually, it's bought in Metric tonnes (2,204.6 lbs). A gross ton is almost the same at 2,240 lbs. Net ton is 2,000 lbs.

    Super Dave, does the Cornwall yard buy Dealer Clips (baling tin) or Mixed Tin grades as well? If so, do you know what they are paying?

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  5. #3
    SuperDave is offline Metal Recycling Entrepreneur
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    [QUOTE=Otto;261895]
    Quote Originally Posted by SuperDave View Post

    Actually, it's bought in Metric tonnes (2,204.6 lbs). A gross ton is almost the same at 2,240 lbs. Net ton is 2,000 lbs.

    Super Dave, does the Cornwall yard buy Dealer Clips (baling tin) or Mixed Tin grades as well? If so, do you know what they are paying?
    They grade it the same as shred, 75$/net tonne.
    Really glad it went up. Hope it continues..

  6. #4
    TheDude80 is offline Metal Recycling Entrepreneur
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    Just took a small load in on Wednesday and got $126 for shred, .50 for NM Stainless, .20 for auto batteries (in my case UPS batteries), .40 for cast aluminum. Considering I didn't take much of anything last year, due to prices, I'm glad to see them up even if it's only temporary. "We'll see" is the mentality I like to take when it comes to forecasting future pricing with ANYTHING. See video This is a scene from "Charlie Wilson's War" which is about the covert ops that the United States took part of during the Cold War Era, specifically in Afghanistan.

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