Scrap Metal Price Dropping - Page 2

Prices for shred here have dropped over the last 4 years and have never gone up one red cent.

Started at $270 a US ton and now down to $130 a metric ton.

Light iron is going for $60 per ton here. I have a big pile out back that I'm holding on to. I do E-Waste, so I have a lot of PC cases.

Right now, I'm focusing on our refurbishing arm entirely. The distance to the yard is so great that I'd actually be losing money if I hauled cases to the yard.

Sadly, I think we need this. The people who aren't serious will be thinned out. Three years ago, anybody with an F-150 and a dolly was a "Vehicle Recycling Company".

This will lower the hype, we can hope.

Well, I shift away towards rebuilding and selling computers and making repairs versus scrapping when the price is truly down. I then buy to add to this effort, all the while I maintain the highest prices I can, even if it is at or slightly above scrap value it WILL come back up eventually.

Lowest here during this price drop was 180/ton for shred last week. 2 yards around here have went up to 185/ton. $5 more a ton aint much, But better than not. Dont quote me on the prices going up. But where is Pistone when ya need him??? LOL

nice rebound for gold. Hope trend continues! up $40+ so far today

I heard from my guy the other day.That so far he has heard that it is going to stay the same.I will talk to him again in a few days to see if there was any changes!

I sold a truckload , almost 40,000lbs, of circuit boards in July when gold was over $1320/oz. I'm figuring the truckload of boards I sold in November, when gold was under $1180/oz, will be around $10,000 net lower...

Originally Posted by Mechanic688

Then you'd have crapped if you had sold when it was around 1800.

That would have been AWESOME!! Hopefully those day's will come back some day!

this happens every year for 50+ years the easterners go into there holidays and quitbbuying scrap so our markets drop

i miss 2200 platinum and 10,200 rhodium

Originally Posted by JohnC4X4

I scrap cars and 2 months ago price was $180 a ton (2000 pounds) or .09 a pound
Today is $125.00 a ton or .0625 a pound
I was warned it will most likely continue to drop to at least $100 a ton

I had posted that about a month ago >> November 19th
GOOD NEWS >> Stayed at $125.00 a ton and Yesterday price went up $10 to $135.00 a ton

What prices is everyone getting for scrap steel a ton at the moment?

As of Saturday 12-6-14 it was $140.00 a gross ton here. Breaks down to 0.0625 cents a pound for shred/lite iron.

Jesus. Thats Terrible. I feel like I was getting 220 or so a ton a few months ago.

The yard I go to here in Utah is down to $0.050 per pound... $100 per ton is not worth the 10 mile drive now.