George Beale - Founder & President - info@viprecyclingjunkremoval.com
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$0.075/# this morning for light iron. i used to get 2 cents more on fridges. oh well. i guess the price of gas is going down with it, so it just means more leg work for the same money, but as everyone else commented, the competition will drop and i can have more work.
i would hold my steel if i had the space for it, but i can really only stockpile non-ferrous with my space limitations.
i'll ride it out as long as it takes and i'll still take my $7.50/100#. whatever
We're the renegades of Junk!
Sheet iron down to 180 a ton from 230 right before Memoral day.
My shred price has gone from 200 a short ton to 145 in less than a month. Yard said it might bottom out around 120 a ton.
short has dropped like a rock here from 220 to 185 in 10 days
Steel at my yards have been at 200 per ton sence last summer. The only thing that droped is copper. I remember when steel was 1.00 per hundred and that was only about 7 or 8 years ago. I just keep scrapping and make what I can and be gratefull for it.
Check price each morning is always safe This will lead to more product up for grabs and price of fuel will drop so cost less to get product to market . I heard there was a time steel was .1 or .2 per pound fuel was probably $ 1.25 a gal and service stations were happy if you would take the steel out of the garages for free. I feel it is easy to get spoiled by this current market which is still great . Sellers of mettle are a part of the true economic flow the mettle market takes care of its own.
Price at my yard dropped from $11.50/100 to $10.50/100 over the last two days. It dropped a total of $2.50/100 in 3 weeks.
My closest yard dropped shred price from$240/ton to $190 in a week.
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John Terrell (248) 224-2188
Burly Guys Junk Removal LLC
5499 Perry Drive Unit P Waterford, MI 48329
http://www.burlyguys.com
Just went to my yard this morning steel went from $255 last week to $200 today.....oh well what you going to do?
Tin went from 285/ton to 200 here in Indiana in a matter of days. Everything has dropped 10-30% in value.
I'm glad things are dropping, honestly. Like someone has said, this will weed out the crack heads, and "weekend warriors" as i call them.
I remember when tin was $30 a ton. I'm not too worried about this situation.
Used to make good money selling $80/ton iron but that was before.gas was 3 dollar plus also. Been on the game for better part of a decade so I know it'll always come back
Alvord iron and salvage
3rd generation scrapper and dam proud of it
At my yard we dropped our prices $50 a ton since May. From all the literature I have been reading I really think that we have another $20-$30 to drop before we hit the proverbial bottom. Just a heads up for all of y'all that might be thinking about holding out for a higher price.
This could affect my decisions of what to stop for to pick up. Steel may not be worth the loss of momentum, weight in my trailer, and fuel to take a heavy load to the yard.
And at the moment I've quit taking in any scrap I'm buying, I'm only taking in and hauling free stuff
buy low sell high
My local shredding yard went from $13.50 per 100# to $11.50 per 100# maybe dropping more soon..
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