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Looking into the future- Scrap metal prices

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  1. #10
    eesakiwi is offline Metal Recycling Entrepreneur
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    I think that for us guys who know a bit, its going to be a bit harder with lower return for a while.
    But a steady incomming stream of scrap, and fluculating incomes.

    Because we know a bit more than the average guy, and the average guys not doing any scrap at the moment.
    The average guy is going to loose knowledge and end up just passing it on to us guys for whatever they can get for it, or free "just to get rid of it for free" as they now know its going to cost them $ to clear it out.

    Us guys are going to upgrade, selling for reuse at better $ instead of scrapping it if we can.
    We are going to get into Freon recycling and possibly getting second hand dealer licenses so our scrapyard buyers do not have to hold onto OUR scrap for a month for Police inspections.

    That means quicker turnover for and quicker $ and guaranteed certified freon evacuations and no law enforcement interaction problems for them.

    We will also get customers who will give us all their scrap and let us sort it
    (there's higher quality grading now and lack of separation knowledge by them and wrong grading will cost them all their potential $ in one go)
    and we pay them afterwards.

    There's also no fallback on them as we are licensed, we can grade cat convertors and pay them a better base rate on average. This is from places like panel repairs and car garages etc.



    We can sell the electric lock on the crumpled car door and make our $ there, and pay them some $ for the crumpled door, that they know now will cost them money at the moment to get rid of normally.
    We do the hard work and they get more free floorspace.

    Scrapmetalforum has really been a 'game changer' for us scrappers.

    We used to get $ for scrap iron metal, now its worth nothing, we still get $ for it (parts) and then we still get $ for the scrap Iron..... But only WE can get those scrap Iron $$.
    Last edited by eesakiwi; 02-13-2016 at 03:22 AM.

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