Metal Recycling Entrepreneur
Metal Recycling Entrepreneur
That is a very interesting eBay find but 20 tons of scrap metal scares me to death and I wonder how they know if it's actually 20 tons?
“If I had eight hours to chop down a tree, I’d spend six sharpening my axe.”
Abraham Lincoln
http://junkcarbuyersraleighnc.com
Experienced Scrapper
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Very interesting, I am going to watch this to see how high it goes, at 20 ton at my current prices of $200 a ton the value is about $4,000, lets see how high the Ebay morons put it.
CMHN Recycling
Metal Recycling Entrepreneur
Before I even clicked the link I knew it had to be the NY surplus auctions. They sell piles of scrap like that on a regular basis and assuming their weight estimates are correct they always sell for more than what you'd get taking it to a scrap yard. I assume the yards themselves are bidding on it.
Metal Recycling Entrepreneur
I just had never seen this. I would have assumed that they would have the means to scrap it themselves even if they didn't sort it
Metal Recycling Entrepreneur
I've seen this a lot in NYS DOT. I don't know if it is in their SOP or what, but they always seem to auction off their scrap. Tends to sell for a lot so maybe they got it right.
I was excited because a lot was selling about 10 minutes from my house and I thought I might bid on it. If their weight estimation was correct it sold for like $300/ton.
Metal Recycling Entrepreneur
But thats if you didn't sort it right? I mean could you break it down, and get more for your money. But your prob right. The yards themselves could of afford to pay more. so they prob do bid on it
Experienced Scrapper
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You should know by now that the government is very wasteful and lazy. Its easier for them to pile it up until it gets to be an eye sore and then sell it to somebody else to do the hard work.Originally Posted by Ace
Metal Recycling Entrepreneur
Yeah your right! @ssclowns!!!
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look at this one... http://www.ebay.com/itm/Recycling-Fa...item2569d5e0ef
Experienced Scrapper
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Yea, buy it now for 1.5 million. That is only 7,500 tons (15 million lbs) worth of shread to come up with that.
Metal Recycling Entrepreneur
If I recall it was mostly steel items like guardrails, signs, etc. Not much non ferrous in the pictures. Still probably money to be had by the yards but not much for us if we were to sell to them.
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