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
|
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
|
What are you getting for #2 copper if motor price is that low?Originally Posted by Copper Head
Video game ninja
|
Buying ewaste and video games !
|
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
|
|
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.
|
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
|
|
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
|
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
|
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
|
|
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
|
|
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
|
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
|
|
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
There are currently 12 users browsing this thread. (0 members and 12 guests)
|
Browse the Most Recent Threads
On SMF In THIS CATEGORY. 
OR 
|
Posting Permissions
Register To Reply
Bookmarks