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I have questions about that business

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  1. #1
    giako started this thread.
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    I have questions about that business

    Hi dear guys,
    I am from Turkey and i will come to USA in 2017 summer.I am at a good and active sector Logistics-Supply Chain but i am planning something about scrapping
    I dont know how that business in USA and updated price(low or high for scrap searcher at streets). I can buy 2-3 Vans or pick-ups. for example 3 vans i drive and collect scraps and i will hire 2 people for other 2 vans(they will also drive and collect scraps) what do you think my brothers is it profitable?how many can i earn? and which city do you suggest for beginning?
    Thanks have a nice day.


  2. #2
    giako started this thread.
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    Quote Originally Posted by Rockynh72 View Post
    If you an afford to buy all this equipment stay in Turkey! You are not wanted in the USA
    which equipments? i am asking that information .I am not asking for starting very big business structure scrap dealer

  3. #3
    webuyselltradestuff's Avatar
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    WOW....Giako, I can assure you that is not the sentiments of the VAST majority of people on this board (the above comments).

    Anyways, based on current prices, I am not sure you can make alot doing what you are describing. Steel especially is at EXTREMELY low prices. We also have no idea where you are going to be (ie what market). I just do not think that the profits can outweigh the expenses if just a short term operation. Also metal is a much lower margin commodity...ewaste is a better option. Again, don't know where you will be, how long or what is a "good" profit in your eyes.

    Again, sorry for the ignorant comments above....SMH

    PROFIT is made when you BUY/ACQUIRE NOT when you sell

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  5. #4
    giako started this thread.
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    Quote Originally Posted by webuyselltradestuff View Post
    WOW....Giako, I can assure you that is not the sentiments of the VAST majority of people on this board (the above comments).

    Anyways, based on current prices, I am not sure you can make alot doing what you are describing. Steel especially is at EXTREMELY low prices. We also have no idea where you are going to be (ie what market). I just do not think that the profits can outweigh the expenses if just a short term operation. Also metal is a much lower margin commodity...ewaste is a better option. Again, don't know where you will be, how long or what is a "good" profit in your eyes.

    Again, sorry for the ignorant comments above....SMH
    thanks for your regards i will continue researching about that and your idea ewaste
    at the other hand some people think about escpecially us (Turkish) bad things,because of their political situations and our government, it is not problem we arent bad people

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  7. #5
    bigburtchino's Avatar
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    giako - Most people are good people, there's always that small minority, wherever one goes that for whatever reason, decide to show their negative personal beliefs (usually because they don't know any better).

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  9. #6
    matador's Avatar
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    Welcome from Wyoming! I see no problem with a person from Turkey- we're all humans, and until proven guilty, I'll assume nothing.

    That said, how much are you looking to spend on vans? There is a huge difference in what you'd need to make to cover the cost of a $25,000, as opposed to an older $5,000 van.

    Personally, I'd purchase pickup trucks. You can build racks higher than the top of the cab level (Unless you were talking about box vans- those are different), pickup trucks can be had with 4x4, and should be easier to resell. There are definite advantages to vans, though. Trucks are just my preference.....

    Welcome to the forum! We're all glad to have you (Well, most of us....)
    More than Scrap Value Shipment Tips: http://www.scrapmetalforum.com/scrap...tml#post242349

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  11. #7
    giako started this thread.
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    Quote Originally Posted by matador View Post
    Welcome from Wyoming! I see no problem with a person from Turkey- we're all humans, and until proven guilty, I'll assume nothing.

    That said, how much are you looking to spend on vans? There is a huge difference in what you'd need to make to cover the cost of a $25,000, as opposed to an older $5,000 van.

    Personally, I'd purchase pickup trucks. You can build racks higher than the top of the cab level (Unless you were talking about box vans- those are different), pickup trucks can be had with 4x4, and should be easier to resell. There are definite advantages to vans, though. Trucks are just my preference.....

    Welcome to the forum! We're all glad to have you (Well, most of us....)
    First of all Hello
    now in same circumstances i can pay 30.000$ for 2 pickups what do you suggest about vehicles or other parts of business.I have not enough knowledge about that business .ı am planning to route in(for example) illinois towns with 2 pickups and take all kind of scraps (or Specialization) ,And than i will sell it to scrap yard(or is there any better option?).That is the basic plan does it work?ıf i can sustain that 1 year approximetly I can invest more money for opening my own scrap yard
    Last edited by giako; 11-30-2015 at 05:17 PM.

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    if you are thinking about opening a scrap yard, you need to educate yourself EXTENSIVELY, here and elsewhere. Scrap Yards in the US are WAY WAY more complex than most places. They are EXPENSIVE to run and stay in compliance. You also can't just put one ANYWHERE, zoning for something like this is pretty strict in most places.

    Spend the next 6 months learning the business, research the scrap yard (now is not the time I would think to jump in...yards are closing all over the place). I would say box trucks are a better option with a lift gate. They are cheap and can carry alot of material. Plus you can do pickups of different computers etc for ewaste.

    Make sure you crawl before you walk/run...and LEARN before spending a bunch of money. It will help keep you out of the poorhouse.

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  14. #9
    giako started this thread.
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    Yes you are right there are a lot of things i should learn about that topic.Thank you for your attention and warnings

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  16. #10
    matador's Avatar
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    My first tip, especially for a fledgling business is to buy cheaper trucks. A used 24' box truck can be had for $15,000, and a good Chevrolet or Ford pickup for under $10,000. That said, farming communities don't do the best. You'll have to pay pretty well- stuff that's sat for 30 years will just sit for another 30 otherwise.

    Also, Illinois is very heavy on regulation. We used to live there. It's one of the least business-friendly states that I can think of. Prepare for red tape galore!

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  18. #11
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    If you an afford to buy all this equipment stay in Turkey! You are not wanted in the USA

    Full article at Scrap Metal Forum: http://www.scrapmetalforum.com/day-l...#ixzz3t1d7C1YF

    Well that was kind of rude. I won't paint a whole country by the actions of a few. Yea I said it, the actions of A FEW! Sorry not that kind of person. If I did that, I couldn't trust anyone. White, black, brown, purple, etc etc.

    To the OP, you've gotten some good advice. Do you research before picking up an coming so far just to realize there is a lot of red tape to cut through, an a lot of hoops to jump through in order to do what you want to.

    Good luck, an please ignore the one fool. Most of us are rather tolerant here till given a reason to not be, an I don't think someones country of origin should be held against them.

    Sirscrapalot - Racism springs from the lie that certain human beings are less than fully human. It's a self-centered falsehood that corrupts our minds into believing we are right to treat others as we would not want to be treated. - Alveda King

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  20. #12
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    I think some posts were deleted and the offender is now taking a vacation.

    Giako, welcome to the forum.

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  22. #13
    CopperHeadAKA's Avatar
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    To make really decent money you will need connections to deliver Tons of metals - I don't think this will work don't fool your self about coming here to find scrap off the streets .
    If you could paint you could develop a crew and make decent money . start with one van a few men
    who knows it could grow .Painting contractors do well , but remember there are legalities to deal with also
    Last edited by CopperHeadAKA; 11-30-2015 at 08:35 PM.
    http://www.scrapmetalforum.com/members/copper-head.html
    Copper Head and CopperHeadAKA (same person)
    I am back to my skill set from the 80's Painting & all that follows it
    I removed myself from the trash company I worked for as of 2 years ago
    I find scrap non the less

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  24. #14
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    Giako: I WOULD ALSO LIKE TO GIVE YOU MY PERSONAL WELCOME FROM FLORIDA.
    connections in Turkey can be a great advantage here,

    learn all you can here on the forum.

    TO me it is very refreshing to hear from an migrant who is planning to bring an asset to America rather then just take all the free goodies.

    my sincerest best wishes
    michael c. wier
    owner, EcoSafe asset recovery systems.
    Last edited by EcoSafe; 11-30-2015 at 09:10 PM.
    "anyone who thinks scrappin is easy money ain't doin it right!"

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  26. #15
    matador's Avatar
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    There have been some posts removed, so this may read kind of weird.

    Make sure to know about the area you're working in. Illinois laws will be different than Kentucky or Arizona, for example. You'll need to know what laws are applicable to where you're looking to scrap.

    Keep equipment costs as low as you can. If shred is paying $40/Ton, that's $0.02 per pound. For every extra $1 that you spend on a truck, that's 50# of steel that you have to give away to recover that lost $1. Spending an extra $5,000 on a truck will mean that you've just lost 125 tons of scrap. You've essentially given it away- to the truck dealership.

    Keep your costs low, and know what you can and can't, and should and shouldn't do, and you'll improve your odds a lot.

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  28. #16
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    Welcome from Maryland.
    Heed the advice already given and you'll do well.


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