Scrap Prices

[Mr. Gasser]

Didn't want to hi-jack jfg455's thread, and hope this isn't off topic, but, what are scrap prices in your area?

They've been way down here for the last year, currently $75-$80 a ton for sheetmetal...

I've always been able to make extra cash for hot rod parts by scrapping, but here lately, its not worth my time, gas, and wear-n-tear on my truck...

 

[Country Misfit]

So low,that my favorite place in my hometown went out of business

 

[Mr. Gasser]

Wow! Well that s**ks!

 

[Bamamav]

I've seen several yards go out of business lately.

 

[smallfoot]

$6/100lbs here....terrible...

 

[Torchie]

Prices are low as well here in Northern Mi.
Torchie

 

[Mr. Gasser]

Any insight?...I thought the Chinese were buying all the steel they could get?

 

[Blue Eyed Devil]

I'm not complaining though, because people are starting to get real on beater used car prices again. No more stupid "Well it will scrap for $1000" argument...

 

[Tripper]

Nearly all commodies are in the tank... except... cattle/hogs etc!

I'm not complaining though, because people are starting to get real on beater used car prices again. No more stupid "Well it will scrap for $1000" argument...

Yep... peeps are starting to come back to reality!

BoB

 

[Willowbilly3]

Last I sold was 60, heard it was down to 40. I've got a few tons to haul next week, be lucky to make much more than fuel but it has to go. I haven't heard anything good in the forecast, could be in the dump for years. Chinese aren't buying, they are in a slump too.

 

[kenny c]

I'm letting my scrap pile up

 

[Yankee Transplant]

$5 / 100 here and I heard the same thing going to get lower and stay that way for a while . It hasnt been 6 months ago I got $500 for a 1982 one ton truck .. it did have a steel flatbed on it , but he came to the house and picked it up for $500 so im sure if I would have drug it to him I could have gotten more .. I bout another one ton for $500 to take motor and trans out of it (planning) to throw some more scrap on it and sell it to off - set the price and have the motor and trans almost free , but price feel out a week after I bought it .. oh well Its still here behind the shed ..

 

[Tripper]

Last I sold was 60, heard it was down to 40. I've got a few tons to haul next week, be lucky to make much more than fuel but it has to go. I haven't heard anything good in the forecast, could be in the dump for years. Chinese aren't buying, they are in a slump too.

Hopefully a lot less old tin will be getting crushed as a result!

BoB

 

[rex1927]

Things have been crazy with scrap.A crash had to come.
It is just getting back to normal prices.
I kept mine through the high prices and plan on keeping now.
Back when I was teenager around 1980 you could only get $35.00 for a station wagon,if you hauled it there yourself.
Wish it had crashed before our last old parts yard was sold and turned into scrap yard.
They had cars from 1940` to early 80`s
They are all crushed now
Wonder if there are any old car salvage yards left in South Carolina?[S

 

[oneeye]

Global overproduction and a crash in demand for steel - not a good combo! Nearly all of the iron ore mines in northern MN are idled right now.

 

[kenny c]

I heard part of the reason steel scrap is down is because Russia's economy is so bad they are selling proccesed ingots cheaper than you can sell the scrap for.

 

[Camo King]

It's about 80 a ton here in indiana. Most people are just stockpiling. It's making stuff cheaper to get though

 

[jfg455]

The load I had pictured was only $50/metric ton (2260lbs)...I would not have taken it except it was all big ugly useless stuff that didn't weigh much. I'm holding my #1 prepared iron, aluminum and brass for when it comes back up...