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Our old iron not the only thing being scrapped


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  #1  
Old 03-14-2005, 09:50:23 AM
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Default Our old iron not the only thing being scrapped

Walk down the street in Beijing China with out looking and you may get that falling feeling!

http://story.news.yahoo.com/news?tmp...china_manholes
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Old 03-14-2005, 08:03:23 PM
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Default Re: Our old iron not the only thing being scrapped

With the high prices being paid for metal right now I wonder how many barn cleanings will take place in the near future? A friend stopped by on Saturday and told me that his place of employment had hauled off a load of cast iron and it brought over $2 a pound and they also hauled off some old sign posts that were classified as "long iron" by the recycler and it brought $3.75 a pound GOOD GRIEF!!!!!
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Old 03-14-2005, 10:23:27 PM
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Default Re: Our old iron not the only thing being scrapped

$2 a pound? Doesn't sound right...
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Old 03-14-2005, 11:39:43 PM
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Default Re: Our old iron not the only thing being scrapped

I think that the person that told you that missundertsood what they heard. The price was probably 375 that is $375.00 per long ton for the long iron, what ever that is and $200 per long ton for mixed scrap iron.

I love the internet. You can find out about anything on it. I thought that that price sounded way to high so I just looked on Yahoo under scrap iron prices and found out that scrap metal prices used to be set mostly by domestic usage with a little variation caused by forign demand. That has changed drastically to where it is almost the other way around.

The other thing I found was that the price of what they listed as broken machine cast iron is $243.00 per long ton in Chicago. The prices are different in different parts of the country as they are in different parts of the world.

I have not followed the price of scrap but it looks as though it is going up and will continue to do so.

I see cast iron things at Harbor freight that are made in China that are at such a low that it is almost inconceivable that they can be made and transported here and sold at that low a price and still make any profit at all.

Of course as we all know those Socialist, Communist governments are making sure that there workers aren't being taken advantage of by private businessmen like we have here in the USA. Those who only want to pay their workers low wages so that they can make great profits for them selves.

God bless the USA. Dick
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Old 03-15-2005, 12:19:28 AM
KidDynamo KidDynamo is offline
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Default Re: Our old iron not the only thing being scrapped

Some time ago, I noticed that the little cast iron access covers that cover surveying monuments and similar sized covers are missing all over town in Seattle. There have always been a few turn up missing here and there my whole life, but now, I see un-covered holes everywhere I turn.

It dawned on me that they are probably getting stolen for scrap.


I wonder who it is that pays out the money for stolen metal?
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Old 03-15-2005, 02:21:21 PM
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Default Re: Our old iron not the only thing being scrapped

I read this post and started dreaming that I could clean out my yard and make 10 or 20 thousand dollars. Wow! I just called the scrap dealer and he quoted me $50 per ton and $80 per ton for rusty steel and old machine tools. I did not determine whcih was which. Thats a few cents a pound. Not a few dollars. I'll just keep all my junk.
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Old 03-15-2005, 06:07:25 PM
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Default Re: Our old iron not the only thing being scrapped

I thought it seemed way high too, but they took a utility trailer 7X16 full up to the 24" sideboards over and walked away with a $1250.00 check So I dont really know what tonnage that would be but at the max I would suspect 2 tons and I doubt it was that.

confused Thats me!
Denny
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Old 03-15-2005, 10:49:46 PM
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Default Re: Our old iron not the only thing being scrapped

I own a steel fabrication business and can tell you that scrap prices are the highest I've seen. I have a trailer that is 5 x 10 and has 4 foot sides. We take that trailer to the scrap yard about every other week when full. Our scrap, made up of square and round tube, pipe and plate, is classified as clean short iron. Short iron is anything under 3 foot long or 1 foot square. Last weeks load brought $4.65 per hundred or $0.0465 cents per pound. 4,000 pounds is $186.00. The impact of high scap is high steel prices. For example, my cost on 1/2 x 1/2 x 16ga primed tubing in Dec. 2003 was $0.115 per foot. March 2005 the same product is $0.27 per foot. 14ga sheet was $0.215 per pound and is now pushing $0.345 per pound. This my friend is the new global economy at work.
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Old 03-16-2005, 08:54:33 AM
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Default Re: Our old iron not the only thing being scrapped

Maybe they had some cooper and brass in the trailer to get 1200 bucks or they are BSing you.Cooper scrap is going for 1.45 canadian right now.18 months ago it was 95 cents.Brasss is going for 80 cents canadian also.The guy said China is forcing the price up.
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Old 03-17-2005, 12:13:05 AM
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Default Re: Our old iron not the only thing being scrapped

Big news in the metal biz for over a year now . In the eww.ass.ass.are they stole a whole bridge , a landmark first locomotive and chopped it up , they steal the deck guns of their naval vessels and then drop the crane onto the barge too . Not like they were using them or anything , but there ya go .Nailed down or not , an oxygen lance will make short work of it .
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