Is steel worth scrapping?

Originally Posted by harsas

I was walking through the yard today to see how my crop of scrap was growing. When I got to the barn, I noticed there was a $20 bill and a $100 bill there. I immediately took the $100 and put it into my pocket, happy with my scrap proceeds. However, I tossed the $20 bill into the trash can because it was not worth my time to bother with...

In the same vein--I get most of what I scrap from my workplaces, which are construction sites. Sometimes I dig stuff up, and sometimes I'll go dumpster diving. At one time I'd go after pretty much anything I saw in the dumpster, the ductwork scraps that the heating guys would throw away, for example. These days, with ferrous prices being what they are, if it's not something heavy, like a piece of I beam, or something that I might be able to use otherwise, or something that falls out of the sky and lands in my truck, it's most likely to stay where it is.

I'll dumpster dive one time for a dollar, but not ten times to accumulate 100 pennies.