Considering mix was .10 at peak
I am having a hard time selling off my motors at .12
dissembling seems the only choice now
Metal Recycling Entrepreneur
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Considering mix was .10 at peak
I am having a hard time selling off my motors at .12
dissembling seems the only choice now
Metal Recycling Entrepreneur
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What are you getting for #2 copper if motor price is that low?Originally Posted by Copper Head
Video game ninja
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Buying ewaste and video games !
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My yard was paying .15 last time I went in. Prices are all low and it's really putting a damper on what's worth it and what's not. May be best to stockpile like a few barrels of smaller ones and tear down the big ones. That's what I like to do.
Metal Recycling Entrepreneur
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CU # 2 $1.97 Short $201 GT
I refuse to sell my motors at .12
Last edited by Copper Head; 02-15-2015 at 10:18 PM.
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I would still be in business at those prices.
Metal Recycling Entrepreneur
How much are aluminum motors paying?
I am going to get 0.27 per lbs for aluminum and cast is 0.10 per lbs
transmissions are 0.20 per lbs
Metal Recycling Entrepreneur
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Mix is $136 GT
so i need break down to the
elements
CU Short Mix and some copper bearing @ .12
I found many motors that I forgot I had
Around last year I started to sell as I found.
It a funny thing I always figured the dismantling was prerequisite
if copper price went to the moon.
Then I started to appreciate .18 even .24 a pound so motors
were fine as is .
Now I see dismantle skill is what is needed otherwise it's like tossing in the towel
------------------
I had a chance to speak to an executive of a metal supply company , a large one
he explained a problem that is going on in companies like his .
Many companies purchased steels at 2 months and further back $$ amt's
Some companies run tighter and buy as needed . The as needed companies
can now confidently bid at current lower price metals and make a profit
and many large companies are taking bids at a loss .
Layoffs are expected.
Last edited by Copper Head; 02-16-2015 at 06:29 AM.
Metal Recycling Entrepreneur
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I say break em down. You could do it while reading the forum or researching ewaste scrapping on youtube. That's what I do.
Metal Recycling Entrepreneur
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When you leave motors intact, your steel bushing and housings are worth 0.12/lb which make up the bulk of the weight. You are going to spend time to make you ferrous metal worth 0.03-0.05/Lb. Not sure why you would do that when it would be more profitable to just find more motors. In a time like this when prices are down, people are less interested in scrapping and in theory less competition out there. Motors are a nice dense item, good for hoarding. Consider motors like investing in silver. If you buy motors at 0.10/Lb and they go up to 0.15/Lb, you just made 50% on your investment. Now imagine if you didn't have to pay for them
Last edited by Mmarro89; 02-16-2015 at 07:18 AM.
Metal Recycling Entrepreneur
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Has a lot to do with the style of scrapping and ability to hoard . Still I want to earn each week & I need metal types to turn to .
The low price of steel - is what it is now, but at least it's is a fast find and sell .
It's been some time since memory but 4 vacuum motors = 12 # more or less @ .12 = $1.44
OR
1# copper = $1.97
7# short = .42
2# mix = .10
2# copper bearing = .24
total (give or take ) = $2.73
thats still about .15 shy of best price of .24 per # for motors back during summer 12 X .24 = $2.88
I have been trying to figure when a turn around could occur & it seems like tons of conjecture
I am concerned of a restructure of events that will be the new norm and thats all there is to it.
naturally during summer the motor value to silver at 1 oz was decent
now not so.
Last edited by Copper Head; 02-16-2015 at 08:03 AM.
Metal Recycling Entrepreneur
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Yes but how long did it take you to do it? You're getting tunnel vision my friend. If your doing this as a hobby, then whatever. But if your doing math calculations on how much you're going to make something tells me your not. If you are spending 20 minutes to take a $1.29, hourly wage = $3.87/hour.... even if it only took you 10 minutes $7.74 an hour.... at that rate it would be less labor intensive to just get a job. That's lower than minimum wage in most states.
Metal Recycling Entrepreneur
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I've been getting 15 cents a pound for steel/Cu motors for the past couple of years. Now its down to 12 cents. #2 Cu is down to $1.55 a pound from $2.20 early last fall. I haven't been very effective in breaking down larger motors. I'll have to research more on the forum to find a better way. But its cold in the garage right now and motors can sit in a tubberware tote until later.
A larger growing bummer is that many of the appliance motors are going as "Alum breakage" because of Al windings and cast Al housing. I refuse to sell those for a nickel a pound especially because cast Al is fairly breakable with a sledge. I'm trying to take them apart as cast Al and Al wire. Again, I haven't done any work on motors since Nov. Good luck to ya Copperhead. I hope you find a work-round solution that works for you!!
Metal Recycling Entrepreneur
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Vac motors are sorta easy as a cut on one side (after it's exposed ) pulls out easy enough .The case is fast enough also.
Some of the larger i just cut the edge copper off and sell of rest as CU bearing along with the wound CU centers .
The way I see it , first my weekly job comes first . Then the next push is to earn with scrap . Since the amount I find in general is consistent
maximizing what I find is important but more so with what I have stashed .
Hourly wage really is no barometer . In the same realm I watch TV play on computer ( educational ) so theoretically when I am at home I am making money
or not . Scrap dismantling at home is not work it's not watching TV & not on computer .
I have a stash worthy of trying to get maximum thats about it. If prices stay the same future finds will be handled differently
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