Copper Bearing

I get way more for shred.

Originally Posted by APA

I get way more for shred.

Lucky you! Wietsman's highest paying yard. Have you been able to get dealer pricing?

I am pretty sure shred is $.115 per lb here. They won't give me dealer pricing.

Originally Posted by APA

I am pretty sure shred is $.115 per lb here. They won't give me dealer pricing.

What are you doing for volume?

Does the Scranton yard pay as much as out there in new castle? last time I was up there they weren't really much better than the place I work at. but we're not any where close to the $11/ hundred you claim the new castle yard is paying.

Originally Posted by ScrapmanIndustries

Does the Scranton yard pay as much as out there in new castle? last time I was up there they weren't really much better than the place I work at. but we're not any where close to the $11/ hundred you claim the new castle yard is paying.

Scranton will always be less than New Castle. New Castle has a shredder on site and sells at least some of their ferrous to Ellwood, who is right next door. There is rail that goes from Weitsmann to Ellwood. All other yards haul shred to either the Owego headquarters / shredder or New Castle. Based on locations and shredder sizes, most other locations would go to Owego. Shredded then must be hauled to buyer.

thanks. I was kind of wondering how all that worked. I've only ever been to their scranton yard on sundays so I never really understood how they were operating. the only thing I do actually know about them is a lot of the yards around me will take their light iron and baled up cars right past the hammer mill I work at and go up to either Owego or out to Simms. I also hear that their mill is almost 3 times the size of the one we got. so I guess they can handle all that stuff. ours would probably start destroying itself trying to keep up with all the stuff I see headed up that way.

Originally Posted by ScrapmanIndustries

thanks. I was kind of wondering how all that worked. I've only ever been to their scranton yard on sundays so I never really understood how they were operating. the only thing I do actually know about them is a lot of the yards around me will take their light iron and baled up cars right past the hammer mill I work at and go up to either Owego or out to Simms. I also hear that their mill is almost 3 times the size of the one we got. so I guess they can handle all that stuff. ours would probably start destroying itself trying to keep up with all the stuff I see headed up that way.

Shredder in Owego is a 10,000 HP. In addition to the shredder, they have advanced recovery systems in place and new ones being added to handle the ASR fluff.

We had over $4,600 in receipts for October last year and still nothing.

Originally Posted by mthomasdev

What are you doing for volume?

$4,600 just for the month of October only.

Originally Posted by APA

We had over $4,600 in receipts for October last year and still nothing.

Originally Posted by APA

$4,600 just for the month of October only.

I'll PM you later.

Ok sounds good. I am getting $.117 per lb for shred, that was 9 days ago.

Originally Posted by mthomasdev

I'll PM you later.

Originally Posted by CopperHeadAKA

​Copper Bearing is being purchased from my yard as mixed .08 #
I suspect this is being done to boost the copper content of shred

This makes no sense.

Steel mills have specification for shredded ferrous scrap that strictly limit the maximum amount of copper. The usual allowed range is 0.20% to 0.25%.
Speciality steel mills will pay extra per ton to get the copper content below 0.10%.

Extra copper in shredded ferrous scrap leads to mills rejecting loads.

Originally Posted by mthomasdev

Scranton will always be less than New Castle. New Castle has a shredder on site and sells at least some of their ferrous to Ellwood, who is right next door. There is rail that goes from Weitsmann to Ellwood. All other yards haul shred to either the Owego headquarters / shredder or New Castle. Based on locations and shredder sizes, most other locations would go to Owego. Shredded then must be hauled to buyer.

What happened to the plans to build a shredder at the Albany yard? Makes the most sense to have a shredder right at the export yard.

Originally Posted by jeb1212

What happened to the plans to build a shredder at the Albany yard? Makes the most sense to have a shredder right at the export yard.

Don't know how much exporting of ferrous scrap they are actually doing. Loading ships was a big thing when they got the Albany yard. Problem I see is they don't have thier own dedicated dock space. Renseller iron, across the river, is right on the dock. Simms has a yard just down river, still port of albany, that also has some dock area. Seems to me like it may not be cost effective to load ships in Albany. After the Albany yard opened, there was a FB post about getting a port location either in nyc, or across the river in nj. Said they could load ships in Albany and top off (deeper waters) at other location. Nothing ever came of that that I am aware of.

In regards to the Albany shredder, Im not sure they have the volume to justify another shredder. Certainly, Albany could justify one, but how big of an impact does that have on the 10,000 HP shredder in Owego. They took a long time developing the feeder system for Owego, and an Albany shredder would impact that.
I would love to see one as I think it would cause prices to go up some.

Originally Posted by CopperHeadAKA

​Copper Bearing is being purchased from my yard as mixed .08 #
I suspect this is being done to boost the copper content of shred

It has nothing to do with the copper content of the shred. As someone else mentioned, to much copper in the shred (that is sent to mills) will cause the load to be rejected, or a reduced price paid. The price of copper bearing is based on the commodity values and the cost to process it. Because Wietsman has a shredder and the right equipment to recover non-ferrous metals, wire and circuit boards from the ASR Fluff, they throw copper bearing materials and dirty aluminum in with shred. Just an FYI, if you check their price list, you will see that aluminum wound transformers are purchased at the same price as shred.