prices up

**sledge** · 12-09-2013, 05:33 PM

Originally Posted by Copper Head

What is the price difference though between gross ton and net ton? I get paid on all my scrap in ferrous by NET ton vs Gross Ton. I remember a thread recently about being sure you were being paid in NET not Gross.. but if I bring in a 2 ton vehicle what is the NET vs Gross difference?

KZ answered this in the thread I was thinking of:
Net Ton=2000 pounds
Gross Ton=2240 pounds

Makes a big difference when figuring cents per pound.

So at $290 Gross Ton - .129 (Say .13/lb)
$240/ton - .12/lb

Still better than here.. Don't like the whole Gross vs Net game though- seems shady a bit on the part of the yard. BUT if that area tends to always pay GROSS.. then I guess you guys would be used to it.

Full article at Scrap Metal Forum: http://www.scrapmetalforum.com/scrap...#ixzz2n1KEXZSj

**Focker** · 12-09-2013, 06:15 PM

yeah the gross ton you lose money but if it is that high you could still make a extra $20 PER TON.
I got a call today raising my price up $5.00 not alot but every little bit helps i guess.

**Copper Head** · 12-09-2013, 10:12 PM

Originally Posted by Carhuntr

Copper head may i ask where "up north" you are i would love to get those prices right now shred is 120-165 and prep is 150-180

North Eastern NY
Called Broom county ny

Not sure how long it will last But sure get spoiled when I bring in 500# mix and get nice over $ 50 thats when you know prices are good
For me I hold true to not forgetting I am getting short price for my mix . For how much longer ?

-----------------------------------------

Originally Posted by Focker

yeah the gross ton you lose money but if it is that high you could still make a extra $20 PER TON.
I got a call today raising my price up $5.00 not alot but every little bit helps i guess.

For me , Gross Ton - Net ton , matters not . as there is another yard by me that pays Net Ton ,
I always look to see , are they paying at-least $10 and over per 100 pounds
1000 pounds is 1000 pounds what $$ they hand you is the truth
-----------------------------

2240 # = GT @ $290 $0.13 per #

2000 # = NT @ $265 $0.13 per #

**Copper Head** · 12-10-2013, 10:47 AM

I made a fast auto calculation spread sheet to compare GT NT

As of today these would be my choices

For MIX
2240 GT $290.00 $0.13 per # or 0.129464286

2000 NT $215.00 $0.11 per # or 0.1075 Lower side - .11

----------------------

For Short
2240 GT $310.00 $0.14 per # or 0.138392857

2000 NT $228.00 $0.11 per # or 0.114 Higher side - .11

----------------------

I once in a round about way mentioned it , so I'll say it more clear
By me the NT yard is less finicky LIKE
they will take vacuums plastic and all , So that being said there are other items in the same realm they let pass
If I have a load with things as such I can estimate how much poundage I need to equal load pay out with items I can't sell to GT yard

In this case at current price I need an extra 20.5 pounds per 100 #

or

100 pounds GT

120.5 pounds NT

Starts to get you thinking Cause I am not gonna give away 20 pounds for free that GT yard will take.

Naturally short is short So thats a in your face price.

**jghilino** · 12-10-2013, 12:46 PM

even factoring in todays uptick in prices, metals are still near 3 year lows and headed lower

**jghilino** · 12-10-2013, 12:50 PM

kansas city pricing today

shred 175
cars no tires 190
aluminum cans .48
number 1 copper 2.75

lowest prices ive seen here in the last 10 years

**Copper Head** · 12-10-2013, 02:37 PM

Originally Posted by jghilino

even factoring in todays uptick in prices, metals are still near 3 year lows and headed lower

I guess I still have not been doing it long enough
to see all the years to compare

Still first time since I started scrapping that my yard is paying more then others
Unless back at the start I just was not aware of the GT NT thing.
Most likely it's the GT/NT innocent days

Copper #2 only $ 2.42

**redcrossnj** · 12-10-2013, 02:43 PM

here in Central New Jersey

light iron (shred) - $180 a ton
#2 copper - $2.70 #
Bare Bright Wire $2.95 #
Aluminum $0.50 #
Electric Motors - $0.30 #
Insulated Wire $0.90 #

**Focker** · 12-10-2013, 02:43 PM

yeah there is a yard here that pays gross ton.But they pay the same as the net ton scale and still get alot of stuff some how.

**redcrossnj** · 12-10-2013, 03:12 PM

I don't ever remember in all my years of scrapping aluminum being near 0.70 #

**sledge** · 12-10-2013, 07:53 PM

I get .80/lb on clean alum rims here in Indiana.
That is at a core buyer.
My local yard pays folks .60/lb- OUCH!

**redcrossnj** · 12-10-2013, 08:40 PM

I hope prices don't take a dirt nap

**Copper Head** · 12-10-2013, 11:22 PM

From what I see the yard I frequent is priced to get more and more metal , I do see trucks from NJ , they are paying $90 bucks more if not close to 100 per ton more . It seems this must must be an attempt to get as much volume as possible to handle there buyers.
Scrappers like me get the spill off benefit.