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  1. #1
    jeb1212 is offline Metal Recycling Entrepreneur
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    Weitsman Huge December Price Increase

    Anyone know what is going on with the Weitsman huge price increase of $50 per GT for shred (up to $155 GT Owego)? I can't find any news that steel mill prices are up $50 per GT for shredded steel for December. $30 yes, but not $50.

    Is Weitsman short on material to feed his shredders? Or is he trying to grab all available shred and put maximum pressure on his competition?

    $228 GT for brake drums is amazing, that is over 10 cents/lb. Yards by me are only paying 5.5 cents/lb. And I am near the Delaware River and export docks.

    I keep hoping Weitsman will expand into the Trenton NJ / Philadelphia area.


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  3. #2
    Faceball's Avatar
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    confirmed

    $155 GT Tin/Shred
    $165 GT complete autos

    Au is still low @ 0.29 lb

    This is at the Ithaca transfer yard

    Last I was there in Oct, tin was $78 GT

    I have no idea whats going on. All my tin is snowed in and inaccessible until spring, oh well
    Mother Nature; all time #1 recycler

  4. #3
    jonnyjeb is offline Metal Recycling Entrepreneur
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    I'll buy ALL of your Au for 29 cents per pound, unless of course you meant Al.......

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  6. #4
    Faceball's Avatar
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    HA !! OOPS yes Al (aluminum)


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