I Got X.XX For Shred Today

**OFWIFJ** · 07-31-2024, 06:34 AM

Originally Posted by ChildhoodDream

40 years ago when I bought my property the price for a scrap car and most other iron type scrap was $20 a ton.

Then it went up to $40, then $80, then $120 over the years.

When it went up to $80 the scrappers were very happy. When it went up to $120 they were not as happy as the cost of living had increased far more then the scrap prices.

I always believed that it will always go up over the years so I mostly let it sit as I was busy with many other things to keep busy.

I have got rid of some scrap over the years, but it wasn't because I needed the funds, I just felt like scrapping and using the funds for my many hobbies.

Scrapping is one of my hobbies, but not my favorite as I have so many hobbies.

I'm very comfortable with how things turned out as I'm living my "childhood dreams" and then some.

Seems that most people dream more then they put into their personal thoughts.

Trying to figure out what is ahead is like trying to pick the winning lotto numbers.

Many try and very few succeed.

NC
2004 .10/lb or 200.00/ton
2024 .05/lb or 100.00/ton

I never prepped anything just hauled 3,600lb v8 cars to local yards.. It's been years since I scrapped.. I was making 45k a year gross just hauling cars as a side hustle in 2004; no way in heck I'd do anything but PCB gold extraction these days..

**hills** · 07-31-2024, 08:26 AM

Originally Posted by OFWIFJ

NC
2004 .10/lb or 200.00/ton
2024 .05/lb or 100.00/ton

I never prepped anything just hauled 3,600lb v8 cars to local yards.. It's been years since I scrapped.. I was making 45k a year gross just hauling cars as a side hustle in 2004; no way in heck I'd do anything but PCB gold extraction these days..

You can't really compare. There was an unusually heavy market demand for steel during the Iraq war in 2004. You could hardly give steel away after the recession of 07-08 hit. The bottom dropped out of the market. The global Covid-19 pandemic and the whole world all but came to a halt. It was awhile before manufacturing resumed. All supply and demand.

It's survival of the fittest during the turbulent times. The strong survive and the weaker businesses that aren't in a position to compete tend to fall by the wayside.

It's all about the economy of scale and the industrial process these days.

We have to ship out 15 ton loads of prepped mix steel on a truck /trailer combo for it to be a paying proposition where i'm located. We're about a 60 mile run to the main yard.