Dropped here from 240 ton to 160 a ton. I never did before, but since I have some acreage here I am now hoarding even the tin. Should have several trailer loads by the time prices go back up.
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Dropped here from 240 ton to 160 a ton. I never did before, but since I have some acreage here I am now hoarding even the tin. Should have several trailer loads by the time prices go back up.
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From what I've seen at my yard, all the pure metals except for AL and stainless have dropped big time. Now, what confuses me is that all the stuff that my yard usually ships off to China is holding steady. For example:
Al/Cu fin- $.80, down only about $.10 from before the big drops
Motors/boards- $.17, down only 3 cents from before the drops
Ins. Wire- $.80, down about 10 or 20 cents from before the drops
Those numbers are nowhere near the percentage drops of other metals. This is pretty confusing, considering there's not much demand in China right now for metals
Last edited by Scrap man; 07-17-2012 at 04:33 PM. Reason: OCD spellcheck
There's nothing more fun and more effective than hitting something repeatedly with a sledgehammer
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