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i dont know about where you guys are but my local yards prices went up alot. it went up 4 cents for light iron, 25 cents for insulated copper 10 cents for aluminum 2 dollars for batterys by the unit 5 dollars for alloy rims and 10 cents for elec motors. this is the biggest jump in the most metals since ive been going to this yard . i asked the guy if prices will stay like this forever he said maybe lol
Wow nice. The prices I'm getting aren't through the roof though. Closer to the basement really.
I've learned there is no "forever" in regards to scrap prices.
... interesting, I called my yard and everything is actually DOWN 10-15 cents per pound from last week...
I was surprised at the prices at my yard today, way up over what they usually are. Might be because a new yard just opened up across town too.
Might have something to do with the auto manufactures adding a 3rd shift, Dunno but the precious metals market is on the rise also.
My yards prices on light iron jumped from $11.00 per hundred - to - $13.50 per hundred during one week while i was gone on vacation. Very nice to come back home and have a rai$e waiting for you!
O.k. guys n gals here is something I find interesting. I always pay attention to when our members post prices at their local yards and I've noticed a strange trend in pricing. Now, it doesn't matter if those prices are up or down. Either way. When the prices go up in the north ours in the deep south tend to stay down for 2 to 3 weeks then go up. When those northern prices go down ours tend to stay up 2 to 3 weeks then go down.
I have no idea why and it makes absolutely no sense, but there it is. Now yall tell me. What gives?
Skyline, I think its a complete coincidence. My hard has just raised the prices of just about everything because it is cold and not many people are interested in breaking down cars or digging scrap out in this weather. To be honest my yard is pretty devoid right now.
skyline ive noticed that too when all you guys are talking about prices being up us here in the north are suffering and vice versa
I can see why there may be a trend but I don't really understand it making sense. Scrap yards all sell to the same place. The prices they sell for usually don't change much. The prices theyQuote:
Originally Posted by gamedayron
pay you are typically based on how much "inventory" they have in stock. Although there are certainly yards that are an exception to this ideology I'd suppose.
Scrap yards do not sell to the same place. Prices are based on exchange rate(futures). X rate is dictated by supply and demand which is a speculation for 3 months from now. Also the value of the dollar, when dollars up prices are down, dollar is down prices are up. Alot more variables added to that. U.S. buyers, and foreign buyers. Distance from enduser could drive price down.
honestly its hard to keep track of all those foriegn prices. i just like to take my metal to the yard and get w.e money i get my yard is usually pretty fair with me so i trust them.
I don't know were your yard sells thier metals but my yard sells to China.
lol they all sell to china, who else is manufacturing any thing, thats the problem.
No your wrong, my yard sell to Omni Source and Omni hauls to Steel Dynamics which makes rails, I beams and other such stuff.Quote:
lol they all sell to china, who else is manufacturing any thing, thats the problem.
http://www.stld-cci.com/images/colum...02%20mills.jpg
I think it's a correlation with higher fuel prices
well when fuel goes up everything goes up it seems
Happy what yard are you using? Central on Countyline?Quote:
Originally Posted by happyscraper
for metal thats OK cause it cost more to find & you can get more $$Quote:
Originally Posted by gamedayron