
Originally Posted by
auminer
I scrap every atom of metal I come across, but the following figures might highlight why some don't mess with steel:
My OCD commands that I keep every one of my scrap tickets, and enter the details into a
spreadsheet.
Since I started scrapping, clean copper has accounted for merely 2.2% of the total weight of scrap I took to the yard, but it accounts for 26.9% of my scrap $$$.
Steel (in all its forms, including waterheaters, etc) has accounted for 73.0% of the weight, and 23.8% of the $$$.
So all the steel I ever scrapped totals out to 33 times the weight of all the copper I've ever scrapped, for ~88.5% as much money.
Low grade boards are the only other item category with a higher pct of total weight (4.7) than pct of total revenue (4.1).
Same here last 3 years steel weight % of total was 82%, 86% and 85%. Cash % of total was 40%, 54% and 45%
It all adds up!
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