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Why am I breaking down steel?

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hobo finds Why am I breaking down steel? 03-24-2015, 03:40 PM
Patriot76 Feeling the pain. About 50... 03-24-2015, 04:01 PM
wayne1956 Have to agree here. I still... 03-25-2015, 05:43 AM
RevenantDusk Light irons at 5 cents a lb... 03-24-2015, 04:25 PM
Metalbestos I can't justify hoarding... 03-24-2015, 05:09 PM
Russell Luckily, I am able to get... 03-24-2015, 05:30 PM
Copper Head Wile we hit .04 # to .05 it... 03-28-2015, 04:52 AM
DakotaRog Yeah CH, I saw that 60... 03-28-2015, 02:32 PM
Copper Head With much of our scrap yards... 03-28-2015, 05:25 PM
DakotaRog I went to the steel yard this... 04-04-2015, 10:16 AM
Scrappah Ummm ... I don't know.... 04-04-2015, 01:32 PM
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    hobo finds started this thread.
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    Why am I breaking down steel?

    I ask my self this question. I have scrapped 2560 lbs. of steel this year and made $99.99 on it. Yes that's $.04 lb. avg. Sheet iron is $.0225 a pound so I am not making that much more by breaking it down. I do take fewer trips to the yard as I hold on to the prepared steel until I have a full load. If I get a fridge or other large item I break it down some what and add my other sheet iron to it. Every time I go to the yard with steel I think about the days of $.115 a pound for sheet iron! Those were the days...


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