Scrap steel $30/ton???

Fred Werring · Oct 12, 2015

That's what the sign said at the local scrapyard.

Down 87% from a year ago.

It was $70 just 3 weeks ago when I did some cleaning up.

Wow

Fred

Russ from MN · Oct 12, 2015

It looks like scrap steel should be worth 200 in the Midwest if I read this right. They must not want any!

http://www.scrapregister.com/scrap-prices/united-states/260

Sprint 6 · Oct 12, 2015

$55 a ton two weeks ago in east central IN. All these pop up scrap businesses in the last 5 years are going to be hurting.

matthies · Oct 12, 2015

$40 a ton in Norfolk Nebraska at an Alter scrapyard last week. Scale lady asked if I wanted to take it back home before she weighed it.

Lanse · Oct 12, 2015

Last time I scrapped anything, last spring, I got 6 cents a pound :I

I thought it was just a Texas thing, prices seem to be better or worse in certain parts of the country. I hate to think its fallen since then.

old · Oct 12, 2015

Many years ago I lived about 45 mile form there. Little town of Leigh NE but that was decades ago

Bob · Oct 12, 2015

Funny, not long ago you guys were crying 'caus it was so high and too much old stuff was getting scrapped!

The remaining old stuff should be safe for a while now!

Which is EXACTLY what this site is about, SAVING THE OLD STUFF, it not a "scapper's coffee shop" site, for Pete's sakes!

(EVIL grin)

ObsoElitist · Oct 12, 2015

Its good for us when scrap is low. A few years ago vintage machine tools and trucks were being bought at auction and going straight to scrap and China.

Oliver662011 · Oct 13, 2015

I agree it is best for the vintage equipment market if scrap stays low, lower the better. While it makes getting rid of your junk kinda stink, and it also drives down prices in general in the farm auction market, only stinks if you are selling. On the plus it means lower prices (good for buyer) and it also protect equipment from being scrapped that shouldn't be scrapped just because someone sees a easy couple hundred. Last time I sold some scrap was around Sept 1st. Low quality iron was about 3.5 cents and high quality steel was at 4 I scrapped a crown electric walkbehind Hi-Lo from a K-mart, I bought it at auction. Had already had a lot of what was usable stripped and needed batteries (cost more than machine if it was operating), bought for $5 and scrapped for $130. Not bad ROI also helped offset the cost of my new to me JD 14T baler, and International-Osborne rake I bought. If I remember correctly it weighted around 3500-3800 lbs you do the math. Just my 2 cents
Mike

rrlund · Oct 13, 2015

Ya,it's not much. I checked the other day on the local yard's website. It said they were paying $40 a ton for cars.

RyaninKS · Oct 13, 2015

To little to late around here...damn near all the fence rows have already been picked clean by the scrappers. Use to see 5 or 6 ads a week in the local paper from scrappers looking to clear out land. Went to many auctions and watched some really nice savable antique stuff get sold by the lot and cleaned out with an excavator to haul to the junk yard. I saved what I could but my pockets just aren't deep enough.

An old man afew towns over that my family has known for years was a known hoarder of antique equipment. I went and talked to him about a month before he passed away about buying a full set of cultivators for my 39 B. He pointed and which pile of steel they were in and guaranteed they were all there. We made a deal that I'd be back after the snow melted but he didn't last that long. His family had a large auction and when it came to that pile of steel I bid up to 400 dollars and couldn't see paying any more than that.I think it ended at 8 or 900 and the guy would NOT sell me them cultivators! He damn near cut them up right in front of me...

Traditional Farmer · Oct 13, 2015

I had over 5 acres of scrap balers, trucks,stripped tractor chasis,etc etc I'd had bought up over the years that I scrapped when the price went up so now its time to start gathering up again, price will go back up someday.

matthies · Oct 13, 2015

I grew up in Clarkson and live in Stanton now. Have a brother that lives a mile west of Clarkson where I grew up. If you get up this way give me a holler. chris

JRSutton · Oct 13, 2015

GOOD.

Worst thing to ever happen to anybody interested in old farm equipment was that spike a few years ago.

Especially around here where the urban sprawl had already decimated the old equipment population. What was left could bring a tear to your eye watching it all go by on flatbed trucks to the scrap yards. They were everywhere. You couldn't take a ride without seeing one go by, all loaded up with great old stuff.

Even if you could catch somebody before they scrapped it - it was too hard to justify trying to beat the high scrap price on an old tractor. A couple got saved, but a majority of them didn't.

I have an old new holland super 66 baler I like to play with - used to be if you needed parts they were everywhere. Within just a few years, that baler's now considered "rare".

I know I'm preaching to the choir here - but just need to vent.

It really is too bad it happened. Hopefully the prices will just stay low and we won't have to see the little that is left disappear too.

rustyfarmall · Oct 13, 2015

If you can pile the scrap iron high enough and wide enough, it makes a very good back-stop for a target stand.

Brent Zappe · Oct 13, 2015

The whole problem with a growning town is that if you do not clean up your property. What happens is then you get what I have got in the past of years a ticket for being an eye sore. The city tells you that you need to take the things off the property because the city is now demanding it or pay a fee. I understand that we think it is great to have and yes some times we do need it but the other people that move in to apartments, houses and condos around your property. Do not like looking at all of our great stuff. Every year I get a ticket to and it always is the same thing (eye sore). Every year I try to clean it out and it hurts to have it go. I have to rember that I live in a growing town.

1206SWMO · Oct 13, 2015

Same here.....In the past 4 years I've watched lots of good stuff sold for scrap because I just couldn't buy it all...One of the worst was a dandy E Gleaner combine that had only been used 1 year..

In 2012 I did save a nice GVI MM diesel that had been overhauled 20 years ago and never used...Scrapper paid $575 for it and let me have it for $700..36 out of 100 tractors went for scrap on that sale.

I had to let two nice Oliver pipe plows go for scrap in 2014..At the same sale I had to let a 1 owner always shedded Super 92 Massey combine go for scrap..At some sales the scrappers were paying $300-400 a ton..

At another sale in 2014 I watched this nice always shedded 428 Cockshutt combine go for scrap..Two more always shedded combines went for scrap..

unclesilo · Oct 13, 2015

uncle owns the local shredder, I think I owe him a bunch for what I have saved through the last few years, couldn't save it all just the better pieces. He says the biggest problem right now is nowhere to sell the shred. The price of shredded keeps coming down; the price he pays commiserates with this. He just put in a new shredder, this price is really put the hurt on him and he's been there 41 years. Most of the new yards r closing up.

Jeff NWOH · Oct 13, 2015

Except for the occasional ricochet....

rustyfarmall · Oct 13, 2015

(quoted from post at 07:26:58 10/13/15) Except for the occasional ricochet....

There is that. Kind of want to set it all up so you're shooting into it an angle.

old · Oct 13, 2015

Have not been in NE since I was say 10 or so. But then we did move a lot due ot the fact my dad was a preacher

ObsoElitist · Oct 13, 2015

I just got a quote from Modesto, Ca of $50 per ton. Not worth my time and fuel to go to the Valley. Good thing I am zoned commercial.

ObsoElitist · Oct 13, 2015

Just got a callback from the big yard in Modesto, they are paying $80 per ton on #1 steel.

Why is the "edit" feature still not working right?

da.bees · Oct 13, 2015

I've tried buying things from scrap yards and they want 10 times what they pay for it and 5 times what they will get for it. Auto wrecking yards are even worse, they will send unsalable material to scrap before selling it to me. Take wheels as an example. The average 16" wheel weighs 20 pounds and it rains wheels around wrecking yards. That is 100 wheels per ton. If the yard get's $1 apiece for them in scrap,I would think they would be all over offers of $10 each but they will let you walk unless you pay at least $20 each. They are the same way on springs,axles,drive shafts,frames and other stuff welders can use. I'd say the economy is robust or business owners are knot heads for passing up that kind of profit.

black · Oct 13, 2015

I live in a steel making town owned by East Indians and finnished sales have dropped off drastically . We are only getting 90. / ton of light and 110 for heavy , so it's time to stock pile again . 2 weeks ago I delivered a 2000 Venture van and got 207 bucks .

Larry --ont.

Scrap steel $30/ton???

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