Shred price

Shred is up another $10.00 to $65.00 Cdn/ tonne here in Ottawa. Still not great, but better than $40.00/ tonne last Fall. We'll see if it holds up once the snow melts (currently have about 4 ft on the ground). The forecast is for above freezing temperatures next week so that should be the beginning of Spring. With the better prices those steel piles under the snow will get cleaned up. I've got a bunch stranded in the back yard that I'll have to get rid of before I get the stink eye from the neighbours.

Originally Posted by SuperDave

I'm looking forward to putting a load together. Up to 85$/ton in Cornwall, Ontario. I've got 2 cars buried here and lots of appliances.

If I had the space, I could have stocked up on a lot of appliances this Winter. With the low prices, scrappers have been leaving appliances sit at the curb for much longer than in the past.

We got a $10 bump also. currently at 60/Ton. better than the low of 40/ton

.03 /lb here in Dallas area

.025 /lb

$35/ton here in Montana, up from $20 last month.

$110 a gross ton in albany ny, 50 a gross ton locally.

Originally Posted by armygreywolf

I think we aren't so much seeing a direct commodity rise as a rise in rates due to reduction in shipping and processing costs.

I would definitely disagree with that statement, shipping and definitely processing costs have not went down. Some shredders are getting desperate for material to keep the machines running,
some of us are seeing the pathetic competition fall to the wayside (people that overbuilt at the top and are now upside down with no way to make ends meet)
alot of the bottom feeders are closing . honestly about every other scrap yard is for sale, the ones that are not are trying to sell extra equipment great time to be in the market for used equipment


Now I will blow your mind, if you have enough cash this is a great time to open a yards, but there is no chance of a loan to make it happen so you got to have your own capital...

Back to the subject: prices are normalizing it will slowly rise up to about $150/ short ton USD give or take 10% it will probably not happen this year... Sorry folks, Obama's presence alone has the world markets very reserved (scared)

for those of you that think China is the be all end all. China wants the scrap to start moving (volume) but they do not want to overpay for it, so they will slowly raise prices til they get the volume they want at the lowest price. How is this different then everyone else in the world... in the rest of the world if you overpay you loose money, in China if you overpay without permission, you dissappear

V/r HT1

Originally Posted by jiffy117

cars/tin are $110 (.05), and short steal is going for $146 (.065) per GT in Syracuse, NY.

bare bright: $1.95, clean aluminum: $0.41

Those cant be retail... those are awesome prices! Bare bright at COMEX- 15% that is just "Newesce!!!"

V/r HT1

Originally Posted by HT1

Those cant be retail... those are awesome prices! Bare bright at COMEX- 15% that is just "Newesce!!!"

V/r HT1

Those are retail. Same owner as one of the yards I use in Albany.

Originally Posted by HT1

Those cant be retail... those are awesome prices! Bare bright at COMEX- 15% that is just "Newesce!!!"

V/r HT1

With regards to bare bright, I just checked a specialty yard in CT. $2.00 for bare bright. Over 1000 pounds and you can get a higher dealer price. Checked one in NJ and there at $2.08.