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    I got dropped to $200/ton for small amounts of #2...

    I got dropped to $200/ton for small amounts of #2 prepared on Monday. Not sure what I would get for larger amounts, but doubt that it would be over $225/ton. Not planning to dump my boxes until...
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    Last time I was at Brookings FM (last Oct), I...

    Last time I was at Brookings FM (last Oct), I pulled into the gas pumps but left without buying. Why? Well, when the attendant arrived I told him my horses were starving and I needed some galloping...
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    289,099

    Prices normally drop into Summer for one major...

    Prices normally drop into Summer for one major reason. Auto makers typically shut down for a month every Summer for re-tooling. During that time they do not need iron, etc., so why buy any?
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    289,099

    In the five plus decades that I have been a...

    In the five plus decades that I have been a scrapper, there has been only three times that I can remember when scrap prices did NOT top out for the year within two weeks of Easter, so this price drop...
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    Just got $260/ton for 4 tons of #2 prepared steel...

    Just got $260/ton for 4 tons of #2 prepared steel picked up at my shop 200 miles south of the buyer.
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    This is a how-to thread - Here are few of "rules of thumb" that I have used...

    Here are few of "rules of thumb" that I have used for the last 40 years.

    1) Steel: 1 foot by 1 foot by 1/4" = 10 pounds; Not exact but plenty close enough.
    2) Transmission cast aluminum: 24...
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    You could put 4 foot sides, but leave the front...

    You could put 4 foot sides, but leave the front at 2 feet due to resistance. I had a 2-ton truck with 5 foot steel sides with removable 4 foot plywood on top of both sides and the rear doors. In the...
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    When I was scrapping 3 tons of appliances per...

    When I was scrapping 3 tons of appliances per day, I would grab all of the easy pickings, like aluminum shelves in reefers, aluminum/bronze evaporators in reefers, aluminum drawers in reefers,...
  9. Thread: Any idea

    by mmerlinn
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    5,565

    If I remember correctly, rhodium is at or near...

    If I remember correctly, rhodium is at or near the most, something like ten thousand dollars per ounce. You could hold a hundred thousand dollars in the cup of your hand.
  10. What pandemic? If this is a pandemic, what will...

    What pandemic? If this is a pandemic, what will the world do when there is a REAL pandemic?

    I still do what I have done for decades, buying/selling transmissions/transfer cases and their parts....
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    I don't know what the prices are for scrap in PA,...

    I don't know what the prices are for scrap in PA, but if they are halfway decent you should have your investment back in a few weeks, maybe less than a month.

    Case in point. I drive Aerostar vans...
  12. This thead is a question - First off, my math was off in my last post. 3...

    First off, my math was off in my last post. 3 bins with about 3000 lbs each in them is about 9000 lbs, not 4500 lbs like I stated.

    Second, I got paid for those three bins last Monday (19 Oct). Net...
  13. This thead is a question - QUOTE=406Refining;302707] Since then I got to the...

    QUOTE=406Refining;302707] Since then I got to the point on the steel side where I only use steel bins from the scrap yard. I load it, call them, and they do the work. I know some scrappers would say...
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    This thead is a question - Looks like you have plenty of room on the "back...

    Looks like you have plenty of room on the "back 40" to build a few buildings to store your treasures.
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    Dang, that means my barrel of yellow brass must...

    Dang, that means my barrel of yellow brass must be worth MILLIONS. Ditto with my bucket of copper.

    Now WHERE do I sell them?
  16. I use the post office for almost everything...

    I use the post office for almost everything nowadays. Used to use UPS a lot, but they suck bigtime anymore.

    That said, I have been using the post office all of my life, and so far NOTHING has ever...
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    This thead is a question - But I bet you DO need more stickers for your...

    But I bet you DO need more stickers for your truck, one on each door, one on the grill, one on each fender, one on the hood, one on the rear, and for good measure one on the top so the second story...
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    IF it is put out on the curb for anyone to take,...

    IF it is put out on the curb for anyone to take, not a problem at all.

    However, if you are in an area where it is ILLEGAL (by law) to take it, you are putting yourself at risk. A lot of places...
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    Looks like the mods are still AWOL and now there...

    Looks like the mods are still AWOL and now there is another thread like this. How come these idiots get to post new threads and my new threads must be first approved by a mod?
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    Innovation is the unorthodox way of doing things...

    Innovation is the unorthodox way of doing things and it works.

    The other three points fit in with another of the ways I have always worked. My rule for scrap business has been to 1) spend one...
  21. This thead is a question - Quite simple. Bought an E-Z Haul truck for...

    Quite simple. Bought an E-Z Haul truck for $4,000 in the early 70's, then went looking for a way to use it.
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    Depends on the "business card" that you have. I...

    Depends on the "business card" that you have. I have made sales off my business cards decades after giving them out. But, then my cards are not the normal black on white junk cards.

    I basically...
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    California - You are very correct. At my age I really don't...

    You are very correct. At my age I really don't care very much as I can get what I need easier and cheaper most of the time in other ways. I mostly dumped auctions as a source years ago. Last live...
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    California - If I can't bid in person, I refuse to go to an...

    If I can't bid in person, I refuse to go to an auction. Too darn hard to know what I am bidding on when I am getting no feedback from others at the auction. Pictures never show everything. Pre-bid...
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    At the beginning of a downturn, like now,...

    At the beginning of a downturn, like now, competition is ALWAYS stiff. Six months from now many of those competitors will be gone. If one starts making contacts now, and keeps going back month after...
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