Prices currently being paid for scrap steel

Every scrap yard is different, just like the individuals that sell to them. I would find a different scrap yard if the one you use is paying the same regardless of material. My scrap yard will pay the same for # 1 and # 2 at certain times. Appliances go as shred around here, truck spindles as # 1. I assume in your location, there is a great deal of competition.

There has been a great deal of debate on the forum between hording and selling at the current price. If you have the room, finances, time, and resources you could horde for better prices. It might be a couple of years before prices rebound. This is the strategy I am following, but my sons may have a big mess to clean up.

At least you will leave them with f2fthe skills and equipment to deal with it.

Originally Posted by Patriot76

Every scrap yard is different, just like the individuals that sell to them. I would find a different scrap yard if the one you use is paying the same regardless of material. My scrap yard will pay the same for # 1 and # 2 at certain times. Appliances go as shred around here, truck spindles as # 1. I assume in your location, there is a great deal of competition.

There has been a great deal of debate on the forum between hording and selling at the current price. If you have the room, finances, time, and resources you could horde for better prices. It might be a couple of years before prices rebound. This is the strategy I am following, but my sons may have a big mess to clean up.