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Falling Scrap Iron prices

Old Doug

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Joined
Oct 16, 2013
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4,485
Location
Mo
December 5, 2022. Just cleaned out the barn... Shredder steel paid $5 per CW ($100 / ton) at a local major scrap yard. Pittance, but the barn looks a lot better.

And the traffic at the scale was light. When price was $12 per CW, the line around the scale was agonizingly long.
I am back on the shop clean out i am trying to get rid of as much as i can. I moved another tote to the shop yesterday because i was saving stuff because of it being easyer than scrapping it now i have no excuse. Its been $100.00 a ton so far.
 

Old Doug

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Oct 16, 2013
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I think most are around $120.00 on shred . I ask about #2 steel and its around $130.00 . I hauled a load of no ferrous and its stayed about the same. I was going to start loading a load of #2 thinking it could go up between now and summer but who knows. I guess i will stay on the non ferrous for now but it takes alot of work to get it ready.
 

Old Doug

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Oct 16, 2013
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Mo
I hauled a load Friday it was $120.00 for shred if it gets were i can load drys up or freezes up i will haul more i wish i could haul one load a week. I went to a HVAC shop they have a load of stuff alot of non ferrous they said i could have but i will give them something for it so they remember he the next time.
 

colson04

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Apr 11, 2016
Messages
2,057
Location
Delton, Michigan
I haven't called lately. I have a small bin of non-ferrous I've collected and about dump trailer load of ferrous to haul. I'm in no rush. I wanted it gone before snow came. That didn't happen. Now we have thawed, muddy ground with about 8" of snow on top. My random pile can sit til spring thaw now.
 

Old Doug

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I hauled a load yesterday i got $140.00 a ton . I wish i had time and it wasnt so muddy.
 

Old Doug

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I sold a load of sheet aluminum for .48 a pound i was happy with that. Shred is holding at $140.00 a ton it could be a little better but thats way better than $100.00 a ton.
 

Old Doug

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They are giving $230.00 for #2 . I am almost done with the bin job but i think its going to start raining agin. I hope to get some hauled .
 

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Old Doug

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Mo
The first picture is what didnt come down with the leg.
 

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Old Doug

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Mo
Hauled 18 tons of #2 yesterday. Maybe 4 more left. I am glade to see it go at a good price i dont know if i will start another pile or just sell every thing now on for shred.
 
Joined
Mar 21, 2023
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Location
North Carolina
I haven't called lately. I have a small bin of non-ferrous I've collected and about dump trailer load of ferrous to haul. I'm in no rush. I wanted it gone before snow came. That didn't happen. Now we have thawed, muddy ground with about 8" of snow on top. My random pile can sit til spring thaw now.
I have a similar collection with a similar stagnation point. I haven't cared enough to call, but my local yard is PACKED, both with material and patrons. Must be coming up?
 

Old Doug

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Mo
I hope it holds through next month why did it go up when its so muddy? If i could get out 15 more tons i would fill alot better but unless it just gos to nothing i will steal be cleaning up. I may have to chain up my skid steer.
 

Old Doug

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Oct 16, 2013
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Mo
I hauled a load of non ferrous stuff yesterday. I had the trailer already load so i loaded a pallet of electric motors on the pickup and topped it off with some ACSR. I was very happy with what i got about 2 weeks pay at a regular job. I wasnt going to use this old pickup like i have been. I didnt plan on going to far from home or towing much . It is now in ok mechanical shape its no power house and it came home unloaded better than going with a load. I wish it was 2wd i would go all out on it and fix the rust but its doing the job i bought it for and i may fix the body someday.
 

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Old Doug

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Hauled a load this morning they had a sign saying it was droping $20.00 monday. I think and hope it stays the same through April its is steal a ok price.
 

materthegreater

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Joined
Jul 25, 2012
Messages
642
Location
VT
A somewhat local steel yard/scrap buyer closed their doors for good yesterday. Another good business gone. Now I have to travel out of state to buy steel/sell scrap.

 

Old Doug

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Oct 16, 2013
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Mo
The price has stayed at $175.00 for shred all month but April is going buy fast. I need about 3 more week of dry weather to get to were i want to be. I have one more load to finish up at the grain bins . That job has been a money maker but its so far away i will really have to think before i take on something like that agin.
 

Old Doug

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Oct 16, 2013
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Mo
I try to haul a load everyday sometimes only 4000# but i am making some progress . Dont worry these pictures are before i secured the load. If i can and i do alot i cover the load with woven wire fencing or cattle panels . I am wearing my f600 out . It will pass a Dot inspection but its showing its age. I am not sure what i will do its about the handiest thing i have.
 

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Old Doug

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I hauled a load of brakage this morning . They said shred had dropped $10.00 a ton but should stay steady all month. Gas went up 0.20 a gallon.
 
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