Steel /scrap prices?

I was looking online at what steel is supposedly worth a ton. I know it would depend on what kind you are talking about (sheet metal vs #1 grade vs cast iron etc). There seems to be a big variance in the price. One site was saying Steel was worth $380/ ton and another was saying $550/ ton. I called a local recycler the other day and they are saying #1 is worth about $180/ ton and cast about $200/ ton. Actually they are using prices by the hundred weight but, this is about what they work out to. I know the re cycler needs to make a profit but, why so much discrepancy?

What is the price in your area or shouldn't that matter?
 
i havent heard' i dont do scrap, scrap is old iron and that means either something that i need to restore or raw material for something i need to restore, why send it to china so it will come back as cheap throw away junk
 
Everyone is being taken for a ride!2 freighters in Boston are loading baled{pressed]iron now and are paying our local junk dealers that haul scrap iron there 1000$ per pressed ton! Have a nice day;;;Hoss
 
scrap prices seem to be a big secreat to me,if you dont know enought theyre screw ya. boston thing sounds like b.s.
 
I scrapped 2 three ton loads this week in Lawrence, MA. The yard is essentially a transfer station with little space, less than half an acre. All the cast iron, prepared and unprepared no 1 and no 2 goes into the same pile. Their inventory is in and out on the same day. I think they ship to Boston or Portsmouth, NH. I would go to Boston but I heard the wait is 4+ hours. They are so busy they won't answer the phone to quote prices. It is just as well. The pier is in Everett, MA. The police have aggressive truck teams that could really wreck my day. Three tons on a one ton 4x4 diesel dump truck is way over specs.

In Lawrence:

No 1 and 2 prepared is $375/long ton (2240 lbs)

Light iron is $250/long ton

Cast iron is $350/long ton

I talked to a salvage yard the other day. The owner said he is getting more than $375 for crushed cars. He has his own press. He wouldn't tell me how much.

Alot is scrap iron from the US East Coast and Europe goes to Turkey. Their mills are paying $600-$700 per long ton. Google Alerts sends me world-wide quotes using keywords "scrap metal". Unfortunately, very few places in the US are willing to publish their prices.
 
In Grand Rapids, Michigan, light steel, like from metal studs is going for $200.00/ton. By the time the guys pick it up from the job site, unload it at the shop, then reload and take to the scrap yard, I don't think they'll make a lot. Takes about 3300 lf of 20 gauge studs to make a ton. We pay 60 cents per foot and scrapped it works out to about 7 or 8 cents a foot. Might pay to sort the longer lengths for the next job.

Larry in Michigan
 

We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today.

Back
Top