I do not live and die on the penny and will rarely pick one up if I see it on the ground. That being said, my frugal ass does notice when I drag 1000 pounds across the scale and get $130 as opposed to $120.
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I do not live and die on the penny and will rarely pick one up if I see it on the ground. That being said, my frugal ass does notice when I drag 1000 pounds across the scale and get $130 as opposed to $120.
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."
I pay for most of my scrap so I adjust what I pay out to keep the same profit margin.
Metal Recycling Entrepreneur
What I am hearing TODAY is that the market will be sideways for the rest of April. My yard doesn't usually change the price until a few working days into the month just so we can see where things settle out at. At the worse we will be down $10 for April. Quick to drop prices and slow to raise is most yards mantra. Russell, I would start looking for another yard if yours just dropped $30. They were clearly speculating of extremely long for March.
Aluminums are about the same and should remain so. Copper is all over the board usually, so flip a coin to decide whether or not to bring in your load this week or next. Stainless is slowly recovering from the big hit it took 2 weeks ago.
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Wow a grown up answer! Thank you. I've been hoarding my stainless as well in hopes for recovery.Originally Posted by BohemianLush
I have stainless. I believe I have 316 & 304. Yard wasn't interested in using the gun unless it was "a lot of stainless". I didn't inquire as to what a lot is.
What event occurred that SS took a hit 2 weeks ago?
My yard pays 50 cents a lb.
Metal Recycling Entrepreneur
We are sideways for now but car bodies will be down 5-10 by end of week. We watch the markets but our greatest asset is selling to good paying honest companies. The only buyers we have to watch closely is our core buyers. Never found an honest one yet.
Metal Recycling Entrepreneur
Flip a coin! Heads, it's going up. Tails, market is heading down......
Rural scrapper
Either way old tater gona make money just the same
Alvord iron and salvage
3rd generation scrapper and dam proud of it
Metal Recycling Entrepreneur
316 is sometimes marked with a mill mark identifying it as 316.
As far as why stainless is down so much...it took a $0.16 hit in one day and then dropped another few cents the next. A butterfly flapped its wings in Greece or China's demand drastically dropped. Today my yard is paying $0.63 for 304 and $1.02 for 316.
Rural scrapper
What's this referring to using a gun and stainless please enlighten me
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I should put in a bid on it!
Rural scrapper
If only had a extra 12 grand to blow
Experienced Scrapper
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lol, i try in see into the future and hang onto stuff that might go up in price.gold, silver, copper... but im crazy like that... What will the future be like??
Will copper go way up if they start replacing gasoline engines with electric?? Will all metals get harder to mine from rising energy costs?? How will other countries advancing effect demand it? What if we need lots of rare metals for advancing in space.. and TONS of ohter metals!!? Lol, just like to wonder.
Last edited by NaturalDisaster; 04-03-2012 at 02:11 PM.
Rural scrapper
Thanks for the clarification Joe when yall mentioned a gun was wondering 12 gauge or 30-06
Metal Recycling Entrepreneur
Thats actually a really good deal on the Niton. Those things retail for 30k-40k.
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at .77 a pound you get 2 cents for the cans here! LOL And if a see a penny on the ground I pick it up!
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I sell the metal as quick as I can process it.....They are gonna pay what they pay and you are going to haul it either way......LOL
BUYING ALL COMPUTER SCRAP WORKING OR NOT
CHECK OUT MY BUYERS THREAD http://www.scrapmetalforum.com/scrap...nic-scrap.html
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Rural scrapper
Just found out today my yard is going sideways this month, great relief cause got another. 40 or 50 ton to move this month
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Not my non ferrous, I can set on that for awhile for the prices to stabilize.They are gonna pay what they pay and you are going to haul it either way......LOL
P & M Recycling - Specializing in E-Waste Recycling.
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