Scrap Metal Prices Are Tumbling Like A Rock! - Page 3

I'll keep buying as long as I keep making money

Indianapolis checking in. Last week, $233/nt, on Monday of this week it was $190/nt.

Just left a yard in central TX - $0.04/lb for shred. Yep, some yards are down to $80/ton. That won't even pay the gas to drive the truck and trailer.

Down to 80/ton waredu but what was it before?

Sorry - I've got 2 yards that I use - one for metals, and the other for boards, motors, etc. 2 months ago the metal yard was $200/ton and last month it was $180/ton. That was at a different yard though. I called out there and they're at $140/ton now.

The yard that was at $80/ton is the one that takes my regular low-grade boards at $0.28/lb and the low-grade boards from TVs/monitors with the big flyback transformer for $0.22/lb. It's more into e-waste.

still holding at 2.05 here in Cincy. It was 2.45 in April-May then the May-June steady decline. With what I am hearing from others, I am grateful for where it is here. Have a great day! BroJer

Went today (6-19) to the yard and its still at 220/ton from 245/ton. not bad.

Went to the shredder today, holding steady at $12/100lbs as it's only dropped from $13.50/100lbs. This is in SC.

Where is the good ol' days????
I can remember I use to get $603.00 per ton packed in containers
I miss those days

$230/ton #1HMS today's price for me. the most I ever got for #1HMS was $310

im getting 10.75/100#

In Houston, I took a load in last week and received $9.50 per 100. Yesterday I took another load in and it was $9.00 per 100. It keeps sliding down. Then again, I continued to scrap all through the $0.04 a pound days so I will just keep doing my thing.

Originally Posted by utahscrapper

I was surprised at how quick the prices tanked here in Utah. A couple weeks ago it was 170\ton for shred. Went in Monday and it was only 140\ton. Thats a pretty big percentage drop.

1997 Scrap Shredders were paying yards $98 net ton for crushed autos, business was booming scrappers were getting $2.25 per 100 for junk autos, than the market crashed. The only difference I feel since than is the fuel cost, overhead is relatively the same despite inflation.Todays lows are still way better than that year. How many of you will keep scrapping at $50 net ton?

Sheet iron down to $160.00 a ton by me was $230.00 before Memoral Day!

here in north nj price is 7.5 for light steel down from 10.5 2 mounths ago

$0.07 for tin in SE OK., $2.00 for #2 copper