I'm an MRE in Texas. I'm not a lawyer or DPS agent, but I'm pretty sure you have to register as one of these in order to purchase cars or regulated scrap metal from the general public. You can make...
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I'm an MRE in Texas. I'm not a lawyer or DPS agent, but I'm pretty sure you have to register as one of these in order to purchase cars or regulated scrap metal from the general public. You can make...
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"Dollar Cost Averaging" What you pay for the fuel is not what the liquid in the tank cost, it's what your average cost is over a period. If I buy copper at a healthy margin and it drops .20/lb in a...
Of coarse it's the last street you go down. When you find the score you stop looking!
You can't hide public information in the 21st century, they will find out somewhere whats going on. The one who tells them is the one who earns loyalty. Loyalty is worth more than money.
Steel contracts are typically set month to month. They should be settled early next week so whatever price your yard is paying next week should be safe for a while. You can buy based on that. Toward...
Honestly man, I hate to be a Negative Nancy here but I don't see your margin from chopping increasing by any more than .25/lb over what you could sell the wire for loose and unprocessed. @ 4k lbs...
My .02/lb,
I'm all for your guanulator operation if it's profitable, but your last post throws up a bit of a red flag. If you are having trouble finding time to package and ship you will have...
Oil and gas represents 10% of the US steel consumption. When prices fall too far or fast oil companies stop pumping and transporting. When they slow down their work they reduce their supplies and...
You could say the US is responsible for the drop in oil prices. We're the ones developing new techniques that increase production dramatically. The Saudi's aren't doing anything different now than...
I'm an owner and I'm hearing 2 things. Foreign steel is being imported reducing demand for scrap, plus the oil and gas industry is expected to cut costs by 35% this year over last. The oil and gas...
Cost of production is proprietary. Copper Mill (A) might have better technology than Copper Mill (B), or be closer to their customers, or whatever... so they can pay 2.51 while the other guy pays...
Typically turnings, chops, or anything machined like that is worth less than solids. That type of material is easily contaminated, can hold moisture, and or gets spilled in the shipping and handling...
They're just cans... a normal trash bag weighs about 5lbs. Save as many as you can stand having around the house, whether that's a bag or a trailer load. When you start thinking to yourself "these...
You have to convince the mill that you can be a steady and reliable supplier of a product that perfectly meets their specifications. Then they will offer a price for delivery of said product based on...
What you buy it for is directly related to what you can sell it for. For example Cu might trade for 3.50 in the financial markets, so that is what it is worth. You aren't trading the contracts so...
High Voltage Processing is right. This is how they should be sorted. I would suggest buying a small pocket scale, cutting a few samples of the wires, and learning how much material by percentage of...
The true "bulk buyers" in the industry are probably out of your league for the time being, unless you've got ~$500,000+ (US) cash, to purchase material. Not to mention the customer base to buy it...
I'm 28 years old, I have a B.B.A. in Computer Information Systems and have been in the industry for almost 2 years. I began working for a Chinese company who bought non-ferrous and sold/processed at...