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huge steel price drop down to 4.2c - Page 2

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  1. #21
    MattyNoNeck's Avatar
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    Quote Originally Posted by mthomasdev View Post
    MattyNoNeck,



    Did you see Adam won a Platt award the other night. Up against some pretty stiff competition. Do you have an up to date price sheet from them? Wondering if they are still doing tires on rims.

    Mark
    I didn't see that but that's pretty cool! I lost the updated sheet but I'll grab one when I drop off tonight. And last I heard they are indeed still doing tires on rims.
    "Don't try to be a great man, just be a man. Let history make its own judgments"


  2. #22
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    7 cents a pound last weekend for me, not what I was hoping for...

  3. #23
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    Mine hasn't changed from 8 cents in quite a while here in Baltimore.

  4. #24
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    Quote Originally Posted by MattyNoNeck View Post
    I didn't see that but that's pretty cool! I lost the updated sheet but I'll grab one when I drop off tonight. And last I heard they are indeed still doing tires on rims.
    Tires on rims?!! Are they only buying alum rims with tires or steel?

  5. #25
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    Hobo,

    I was last over there in December. They were buying steel rims with the tires still on them. I believe they had to be 16s and smaller. My recollection is $40 per GT, so less than 2 cents a pound, but your getting paid for the tire that you would have had to dispose of. I had a long discussion with the yard manager at the time. He was asking me questions about E-waste, specifically TVs since I had magnetic signs on my truck. He stated that they broke even on these and that by doing this, they got metal from people that normally wouldn't go to a scrap yard. This company's sister company has there own shredder located in Western New York and is in the process of installing 1 at the port of Albany and one in Newark NJ. Let's see if Matty can post the latest price sheet.

  6. #26
    sledge's Avatar
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    Quote Originally Posted by MattyNoNeck View Post
    It's a big country and supply/demand varies from place to place. It doesn't surprise me. Here in NY I imagine the demand is higher since they can put it on a ship and send it right out (My yard is literally next to the Hudson River. Fun fact: They scrapped the Southwest 737 that crashed at LaGuardia last year at this yard after floating it up the river on a barge). It might cost too much to send anything scrapped in Nebraska to the coast so it's more cost effective to sell it locally but at the lower price the demand dictates. I dunno, I'm dredging up the little bit of Economics 101 that I managed to stay awake for.

    Anyway, Tin dropped another $5 when I went in this morning. This makes me a sad panda.
    I figure the coasts probably do pay better.. but I live in the Midwest. Only thing I can figure is that a lot of our steel here in Indiana can take a pretty short trip up to Gary Indiana and/or South Chicago. But WOW $95/ton vs $220/ton a couple states away- that is just a crazy difference!
    I'm so into scrapping.. When my Steel Toe Boots Wear out, I cut the Steel out of them and recycle the Toe!

  7. #27
    MattyNoNeck's Avatar
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    Price list as of yesterday...


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  9. #28
    Mechanic688's Avatar
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    Sledge, you'd be surprised how much shred ends up at the mini mill of Steel Dynamics at Columbia City, they bought Omni Source.
    P & M Recycling - Specializing in E-Waste Recycling.
    If you enjoy your freedom, thank a vet.

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  11. #29
    sledge's Avatar
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    Mechanic- Just outside Fort Wayne.. Yep.. Even better for our prices then! Thanks for the info.. always cool to know.
    So did Omnisource sell off a mill? I know they still operate something like 20 locations around central Indiana.. they are advertising hard and heavy in the Indianapolis Radio Market right now.

  12. #30
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    Matty,

    Thank you. Wish I were just a little closer.

  13. #31
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    Still $245.00 net ton in Kalamazoo Michigan

  14. #32
    mthomasdev's Avatar
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    I've been talking with my main yard in Massachusetts a lot lately concerning prices. The yard manager expects a call from his boss in the next few days. Expected drop is $30 to $40 a ton.

  15. #33
    travistemple202020 started this thread.
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    not for sure it may be this area cause the other yards have a little better at 6.5clb but travel is the thing but started a heavy and lite pile which is cool maybe come in handy even if I need some material but then found out batteries dropped to 21clb not horrid but I save them for awhile to sell what I can first so its cool and still money for not a lot of work and free mostly is why I love this business

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    Your gonna loose 10 to 20 bucks a ton in June. Welcome to the price drop party. No balloons or kazoos here though.

  17. #35
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    $0.09/lb in Orlando, Fl and Titusville, Fl today. Hopefully I won't see drop...

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  19. #36
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    Quote Originally Posted by sledge View Post
    Mechanic- Just outside Fort Wayne.. Yep.. Even better for our prices then! Thanks for the info.. always cool to know.
    So did Omnisource sell off a mill? I know they still operate something like 20 locations around central Indiana.. they are advertising hard and heavy in the Indianapolis Radio Market right now.
    Funny you guys bring this up, Omnisource just bought out a small time yard about 15 miles from me and say they will be opening up any time now. I have also been hearing a number of there ads on the radio in southern MI.

  20. #37
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    Let's just hope any of these reductions in price is just "the summer price drop"!

  21. #38
    travistemple202020 started this thread.
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    well again down to 4even but got a wonderful idea this weekend when getting some good computer finds. a buddy of mine has a nice 5th wheel 35ft flat bed which i wish i had lol so I have decided to do a labor day blowout and the save up heavy steel and what ever i have in electronics all summer and the week before since he loves a good road trip and and he does not care about gas just some fun so figured.
    we make a road trip to ewasted stopping off where ever the highest steel price is along the way and have some fun on a road trip and make even better money. then for labor day we build a new fire pit and do a nice hog roast sweet corn from the garden and of course lots of beer lol maybe even get a blow up pool lol

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  23. #39
    travistemple202020 started this thread.
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    well again down to 4even but got a wonderful idea this weekend when getting some good computer finds. a buddy of mine has a nice 5th wheel 35ft flat bed which i wish i had lol so I have decided to do a labor day blowout and the save up heavy steel and what ever i have in electronics all summer and the week before since he loves a good road trip and and he does not care about gas just some fun so figured.
    we make a road trip to ewasted stopping off where ever the highest steel price is along the way and have some fun on a road trip and make even better money. then for labor day we build a new fire pit and do a nice hog roast sweet corn from the garden and of course lots of beer lol maybe even get a blow up pool lol

  24. #40
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    I just took a load of shred into my primary scrap yard last Saturday, and the prices were the same as they have been for the last several months, $180 a ton (9 cents a lb).


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