Is steel worth scrapping?

Originally Posted by MierasMetals

Should you go out of your way (no too much) to grab steel and store it?

As has been stated, depends on your situation.



For me, no. I got a small yard in a suburb with a small truck. Shred steel is easy pickings when doing other tasks, so is basically free. I used to bring in a Ranger load at 9 cents a pound and get $36 easily just about every week, more if I spent some time packing or had some heavier items. Then the price dipped as low as 1 cent a pound. Truckload now brought in $4, covering the gas barely. With limited places to store shred/tin, I started including it with our local recycling (it is allowed here) as I wasn't making money from it anyways. Prices have now settled in the middle making the decision of what to do with it a little more tricky for me each time. Still not going out of my way to pick it up though.