The NewZealand $ exchange rate moves around a bit against the US$.
Most of the time its about NZ$1.00 = US$0.66 cents, easy to work out @ 2/3rds US$.
Sometimes as high as US$0.70 cents, nice @ 70% of US$
A high NZ$ is good for fuel prices @ US1.40 / litre (NZ$2.10
A low = as much as NZ$2.60 / litre. Shifting oil prices have to be taken 8nto account.
But while
metal prices dropped over a while, the higher NZ$ keep Nonferrous pretty good. Steels been low for a long time @ NZ$30 / ton for lightgauge.
Yep, US$20 a Metric Ton.
But Aluminium ext has set @ NZ$1.50 / Kg for a long time.
&
Ali Dom & Cast & Cans @ NZ$1 / Kg.
I notice there's a lot of Steel scrap at the yard last week & Ali Extrusion is NZ$1.40 /Kg.
So i go in yesterday & couldnt even drive in.. its blocked with Steel piles & 1 truck & grapple loader unloading it.
The yards got a gate in. Then the weighbridge, the offices are the same length on the right of the weighbridge & the Steel yards past the weighbridge.
At the end of the weighbridge its a 'U' turn back into driveway out & theres a shed beside that for Nonferrous weighing up & storage.
So i go in yesterday & get
NZ$1.30 for Ali extrusion.
NZ$0.70 for Ali cast &
NZ$0.80 for Alu domestic.
Brass was NZ$4.60 /Kg & i sold all of my computer Brass standoff screws, 30 + Metres of them, for 5 Kgs weight.
. Thats 1000 + Computers worth of standoffs. I bought more registration for my car & that saves me having to pay $200 for a traffic fine.
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