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Cardboard Scrapper 2016

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    Yea yea yea, that age old trick of giving great service. Congrats on picking up a new customer. Think 100 of those customers and you become a big deal(at least in my mind).



    Again thank you for sharing your success. I have enjoyed benefits of reading success and failures in the scrap business here on the forum for many years. 73, Mike
    "Profit begins when you buy NOT when you sell." {quote passed down to me from a wise man}

    Now go beat the copper out of something, Miked

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    StRegis started this thread.
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    Thank you for your service Mike. 100 more of these accounts would be a big deal. Maybe in a few years. For now I'm just about at capacity. Picking up this office tower will make up for some of the lost revenue from lower scrap prices. The scrap yard paid $155 per ton for tin. That was a $30 bump from the last time I was there. Things may be turning up on scrap pricing.

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    Just a quick update on my cardboard business. I have been busy and was able to secure a few more accounts in Phil with a furniture retailer and local college the most notable. I also purchased a second truck and hired someone part-time to help with collections. The second truck is on the road only 2-3 days a week but I hope to have it working full-time by year end. Pricing from my Asian buyer is improving. Last I wrote, he cut prices by about $5 per ton but they have gone up about $10 per ton since then for June OCC prices and $7 for mixed paper. Was told this is busy season for Chinese mills and they need more inventory. Volumes will probably drop a bit over the summer, hopefully with another pick up in Sep and Oct. If things keep up I will probably add another baler to handle the increased volume. I've been taking some bales directly from my customers and loading directly into export containers without rebaling. Just don't have time.

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