scrap prices

[MELOC]

i took some cans to my middleman today and got $.60 per pound. i am in south central Pa. that is the best i have ever done on cans with this guy. he said that China is buying everything. I don't know if Lou Doubs would approve of this "selling off of America" but i am enjoying the scrap prices.

[Clifford]

That's great. If only everyone knew they were giving money away everytime the recycling truck makes their stop at your house. It's great if you have the space for storage, and a handy dandy pick up to transport it. Steel, tin, aluminum, copper and brass are all worth good money and I save it all...

[Tarot Farm]

Yes, scrap metal prices are high here as well. I sold aluminum for several weeks for $.60 and this week it is up to $.64 lb.

What the scrapyard dealer told me was that China is buying everything and melting it down on big ships just 'offshore' and then selling it back to the US at a huge profit. Of course the bad by products from melting the metals is just dropped off into the ocean...more pollution and contaminents for our shores.

[Whut]

Yes scrap metal seems to be the thing of extra money for those who have the time and patience to strip the plastic off copper/aluminum wire, save pop cans with the rest of the alloys, I am wondering though if anyone knows where and also if it would be feasible to melt down the aluminum to smaller ingot sized, ie. like to melt down small scrap pieces of aluminum door or what have you then melt this down even smaller to transport it to the scrapyard for extra beer money or whatever? Any ideas on this, suggestions and does anybody have experience along these lines, in this way of recycling?

[knuckledragger]

What is scrap iron going for? I just bought a piece of land that has probably a ton to a ton and a half of scrap iron laying around on it.

[bill not in oh]

The bone yards are paying $149 / ton for parts cars here. That's about 50% higher than it was a year ago. Maybe they're taking them apart and selling the metal to scrap yards....

[canfossi]

Hmmmmmmm! Maybe I should be saving my tin cans and take them to the scrap yard when I get a big load. Thanks for the tip. Chris

[MELOC]

the 60 cents per pound was for aluminum cans. i haven't been over for a while, but i heard it was 65 cents now.

[sammyd]

Stainless just dropped like a rock. We were getting over 1.20 2 weeks ago. Last week .50.
Haven't checked on much else. The stainless scrap goes for doughnuts where I work.

[leecofarm]

thats great. i know a little beer joint a couple of miles down the road with piles of metal junk mainly all over it from old farm implements to broken down vehicles. maybe i can convince them that its time to make the stuff go away

[Windy in Kansas]

Unfortunately the high scrap prices are pushing theft to the limits. Farmers in eastern Kansas are losing the electric lines going to their irrigation wells about as fast as they can get them replaced. The crops often suffer as a result of the theft in addition to the copper loss.

I had a car stolen a few months back and it is no doubt in the scrap pile---even though illegally without title, a bill of sale, etc.

Many are cashing in as we probably all should be doing, however not at the expense of others.

[Pops2]

Tarot
i am pretty sure they aren't smelting metal on ships, the rest may be possible but more likely they are using it in their own industries.
whole thing makes me think of how Japan was our biggest buyer of scrap metal from 1935-1941.

[bill not in oh]

Originally Posted by Windy in Kansas

Unfortunately the high scrap prices are pushing theft to the limits. Farmers in eastern Kansas are losing the electric lines going to their irrigation wells about as fast as they can get them replaced. The crops often suffer as a result of the theft in addition to the copper loss.

I had a car stolen a few months back and it is no doubt in the scrap pile---even though illegally without title, a bill of sale, etc.

Many are cashing in as we probably all should be doing, however not at the expense of others.

the legit bone yards here won't accept vehicles without a title now for that very reason

[palani]

http://www.manufacturingnews.com/news/04/1104/art1.html

Foundry industry CEOs are scratching their heads over how China is able to sell products to U.S.-based manufacturing companies at half their price, given that they are not as efficient and have to pay the same amount for raw materials.

"After the Chinese buy the $400-a-ton-scrap, they put it on a boat that costs $50-plus a ton, take it to China, take it off the boat, put it on rail or truck, pay another $10 to $20 a ton to get it to the foundry, melt it into the form of a casting, take it back to the dock, put it in a container at $150 a ton, ship it to Long Beach, get it off the dock, put it on rail, send it through Customs to a warehouse and then deliver the castings to our customers," says Tim Brown, vice president of the Benton Foundry in Pennsylvania.

A customer of Aurora Metals of Montgomery, Ill, mistakenly requested credit on a rejected part made by one of Aurora's competitors in China. "When the amount of credit was requested, we knew exactly the price differential between our price and the Chinese price: 30.1 percent," company president Dave Bumbar told the ITC. "Therefore, we conducted a study to assure ourselves that we truly understood the true cost of producing this impeller. We would need to reduce our price by the entire amount of all our labor, the entire amount of all of our health care costs and the entire amount of our workmen's compensation insurance in order to compete with the price delivered to this country from 7,500 miles away. We are being asked to sacrifice our employees and our futures for the gains of others in the world." Aurora Metals has been in business since 1899.

Simple answer. Economic war.

[ibcnya]

Originally Posted by palani

http://www.manufacturingnews.com/news/04/1104/art1.html



Simple answer. Economic war.

And were losing it rather quickly.

[wwubben]

Unprossessed scrap is selling for $130 a ton at Behr metal in Mason City, Iowa.

[bill not in oh]

Originally Posted by wwubben

Unprossessed scrap is selling for $130 a ton at Behr metal in Mason City, Iowa.

I was born in Mason City! Spent my early childhood in Nora Springs.

[DenverGirlie]

Here in Denver --- aluminum cans were .72 on the 15th of July. They were .89 on June 30th... prices are rapidlly dropping.

We took in out scrap on July 15th - only 15 days of scrounging in the alley's of Denver a few night and "processing" it later at home while watchint the news - made an extra $230 in 15 days, not to shabby.

Someone asked about steel (tin cans are steel as well) - It's not worth our time to load it in our truck to take the scrap yard at $10 a ton.

[beowoulf90]

The last price we got about a month ago for steel/scrap iron and sheet metal mixed was $6.00 a hundred lbs, that come to $120 a ton.

The last prices that I got for alum. cans, was about 1 or 2 months ago and was $.72 a lbs if you had over 200 lbs, $.70 a lbs if under 200 lbs.
I also go $.60 a lbs for cast and extruded alum.

[Aintlifegrand]

Any idea about copper as in pipes and fittings?