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Scrap prices moving south for May

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  1. #1
    PistoneScrapProcessing started this thread.
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    Scrap prices moving south for May

    Hate to be the bear here but scrap is gonna tank 40 a ton next month. Maybe more maybe a little less either way its going down. If your yard hasn't dropped there prices yet I would get it in ASAP. They are calling for a June rebound though but who can really tell the future. Good luck.


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  3. #2
    auminer's Avatar
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    Quote Originally Posted by PistoneScrapProcessing View Post
    ""....scrap is gonna tank 40 a ton next month.""......""who can really tell the future.""
    LOL!
    Out of clutter, find simplicity. --Albert Einstein

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  5. #3
    corycouch's Avatar
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    Quote Originally Posted by auminer View Post
    I see your point and that's funny, I know you know this but pistone has been right on this before, I put it on another thread earlier this week but ive already been told im losing another penny a lb on Wednesday. we are going to be in high gear here on Monday and tuesday
    expect the worst and hope for the best
    cory couch
    c & c recycling
    JUNKERS AND CLUNKERS
    (870) 897-6484

  6. #4
    KzScrapper's Avatar
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    PSP torches more scrap in a day then most see in a year...he say's it's going down there's a dam good chance of it.
    Recyclable Material Merchant Wholesaler
    Certified Zip-Tie Mechanic
    "Give them enough so they can do something with it, but not too much that they won't do nothing."

  7. #5
    mikeinreco's Avatar
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    Yeah he has never been wrong so I am going to try to get my computer cases in this week......Thanks again for the info

  8. #6
    Gangel

    not a big deal

    Scrap goes down every summer in the north. Not a big deal, simple economics.

  9. #7
    submarinepainter's Avatar
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    I hardly ever check the prices , I work out of my garage and driveway so I have to keep it fairly clean, I have been making more than ever on light tin here but it is due to the trucks we have bought, they hold more than a Merc. Sable
    Old dogs care about you even when you make mistakes;
    God bless little children while they're still too young to hate

  10. #8
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    Well I can verify this has already started. Down $20 a Ton today here in Central Indiana. We were sitting at $240/Ton.. Pd $220/Ton Today. Bummer!
    I'm so into scrapping.. When my Steel Toe Boots Wear out, I cut the Steel out of them and recycle the Toe!


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