carbide scrap price
Largest Manufacturing Technology
Community On The Web
Close
Login to Your Account

Results 1 to 16 of 16
  1. #1
    Join Date
    Jan 2004
    Location
    Fulton, IL
    Posts
    854
    Post Thanks / Like
    Likes (Given)
    0
    Likes (Received)
    4

    Default carbide scrap price

    I just turned in some scrap and got $9 per pound. I was expecting $6 or $7. Who has the best price?

  2. Likes N/A liked this post
  3. #2
    Join Date
    Apr 2002
    Location
    Syracuse, NY USA
    Posts
    9,411
    Post Thanks / Like
    Likes (Given)
    10
    Likes (Received)
    446

    Default

    about a year ago I had a contact tell me to start collecting scrap carbide in quantity because the price was going to shoot up big time and he had buyers for container loads. Too bad I ignored the advice.

  4. #3
    Join Date
    Jul 2004
    Location
    Asheville NC USA
    Posts
    8,801
    Post Thanks / Like
    Likes (Given)
    2928
    Likes (Received)
    2538

    Default

    Carbide Bob mentioned $10/lb recently(like within the last week or two) here on PM. Think he said he had 6 tons, so if that's the price for a large quantity then your $9 is likely a top price for small quantities.

  5. #4
    Join Date
    Jan 2001
    Location
    Minnesota
    Posts
    2,094
    Post Thanks / Like
    Likes (Given)
    34
    Likes (Received)
    1057

    Default

    Here's where I got the highest price a couple years ago.

    http://webuycarbide.com/

    http://www.practicalmachinist.com/vb...arbide-153222/
    Last edited by Barry Weeks; 11-30-2010 at 12:28 PM.

  6. #5
    Join Date
    Jan 2007
    Location
    Flushing/Flint, Michigan
    Posts
    5,044
    Post Thanks / Like
    Likes (Given)
    183
    Likes (Received)
    3798

    Default

    See here: We recycle carbide scrap, tungsten scrap recycling, grinding sludge recycling. | Carbide Recycling
    www.carbiderecycling.com - loacted in Walled Lake Mi.

    These are good honest people, but note that this is a legit scrap dealer. Cash in more than $500.00 worth and if the check does not go to a business you will get a personal 1099 and have to pay taxes.

    You should get $9.00 to $10.00 right now even if its just 10-20 lbs. Heck, I'll pay ya $8.50 for clean if you cover shipping.

    Lots of under the table local dealers out there if you want to play this game. They all pull some percentage off the top to "wash" your money.
    Up to you if you want to try to scam the IRS. My volumes are too high to even think about trying this.

    Wherever you go shipping can kill ya. Keep this in mind

    To get the best price your scrap should be "clean". Wash the parts in a bucket of soapy water, no mixed in steel or screws. If it's dirty real dealers will deduct some weight.

    Quoted prices are for carbide, not packages, unpackage any tools before shipping or the dealer will deduct a tare weight (and they always err in their favor).

    Carbide with braze attached yields a lower price tag, currently 9.00 per pound.

    If you are sitting on very large weights sorted by grade you can negotiate slightly better prices directly with some of the major carbide suppliers but this will vary highly depending on what they need on any given day.

    We are at record highs in the market but I'm gonna wait as next year looks very interesting and I'm not sitting on that much.
    I've had as much as 40 tons in the back room when I played more in this game.
    I've also been burned seeing the price drop from $7.80 to $3.20 in two months. You place your bets and you take your chances, but there is not that kind of volatility right now and nobody the size of the China "big three" to come in and flood the market.

    As Curtis said in another thread prepare for some good size increases in carbide prices next year. If you are doing budget forecasting think 10-25%.

    Bob

  7. #6
    Join Date
    Jan 2011
    Location
    Chicago, IL
    Posts
    1
    Post Thanks / Like
    Likes (Given)
    0
    Likes (Received)
    0

    Thumbs up Carbide Scrap Pricing

    Greetings!

    My name is Grant Jo and I represent one of the largest buyers of Carbide/Tool Steels/Alloys here in the Midwest.

    I would love an opportunity to quote on your scrap.

    Please consider.

    Best,
    Grant D. Jo | Sr. Trader
    Universal Scrap Metals, Inc.
    312.666.0011 | O
    312.666.8515 | F
    773.680.8081 | M
    www.univeralscrap.com

  8. #7
    Join Date
    May 2006
    Location
    Tacoma, WA
    Posts
    1,266
    Post Thanks / Like
    Likes (Given)
    426
    Likes (Received)
    275

    Default

    We are in Tacoma, Washington. We are a consolidator. We buy small amounts, put them together and shipped to one of the big recyclers.

    Carbide is now around $300-$350 for a coffee can. We recommend shipping USPS flat rate boxes. They work well if you tape them up really well.

    The prices of gold and silver are dropping and it is expected that the prices of carbide will start dropping.

    Many of these metals are at absurdly high prices because of speculators. When the stock market wasn't moving much the speculators got into the metal markets. Now the stock market is moving nicely, speculators are getting into it instead of metals and we are seeing the price of metals drop.

    This is what has happened in January. It is expected to continue in February but nobody's making any promises.

    Tom Walz
    Carbide Processors
    800-346-8274
    [email protected]

  9. #8
    Join Date
    Sep 2005
    Location
    South Carolina USA
    Posts
    4,069
    Post Thanks / Like
    Likes (Given)
    1744
    Likes (Received)
    970

    Default

    A local shop had an ad on Craigslist the week before Christmas. Offering $10.00 a pound. I took a box by on the 23rd, price had gone up to $10.25.. Easy Transaction.. Should have sold all I had, but I like keeping some stuff around.. Hedge your bets... Never know what the future holds.

  10. #9
    Join Date
    Nov 2001
    Location
    WAPELLO, IA USA
    Posts
    5,754
    Post Thanks / Like
    Likes (Given)
    14
    Likes (Received)
    1236

    Default

    whats going rate right now for carbide scrap? I have some I'd like to move.

  11. #10
    Join Date
    Jan 2007
    Location
    Flushing/Flint, Michigan
    Posts
    5,044
    Post Thanks / Like
    Likes (Given)
    183
    Likes (Received)
    3798

    Default

    Member TomWalz is very fair on small lots.
    A guy here that has given away stuff to help people.
    Worth a check for sure.
    Bob

  12. Likes cnctoolcat liked this post
  13. #11
    Join Date
    Nov 2013
    Country
    UNITED STATES
    State/Province
    Massachusetts
    Posts
    117
    Post Thanks / Like
    Likes (Given)
    32
    Likes (Received)
    30

    Default

    Doesn't SECO buy used carbide?

  14. #12
    Join Date
    Jul 2004
    Location
    Southeast Michigan
    Posts
    5,803
    Post Thanks / Like
    Likes (Given)
    168
    Likes (Received)
    1018

    Default

    Is it back down where it's going to sit for a while?

  15. #13
    Join Date
    Jul 2004
    Location
    Southeast Michigan
    Posts
    5,803
    Post Thanks / Like
    Likes (Given)
    168
    Likes (Received)
    1018

    Default

    As for the price, it's pretty low. $9ish on clean, less on dirty

  16. #14
    Join Date
    Apr 2004
    Location
    Modesto, CA USA
    Posts
    4,383
    Post Thanks / Like
    Likes (Given)
    0
    Likes (Received)
    484

    Default

    You can not expect the price of anything to hold steady over four years. that is how old this thread is.
    Bill D.

  17. #15
    Join Date
    Sep 2005
    Location
    South Carolina USA
    Posts
    4,069
    Post Thanks / Like
    Likes (Given)
    1744
    Likes (Received)
    970

    Default

    Quote Originally Posted by Bill D View Post
    You can not expect the price of anything to hold steady over four years. that is how old this thread is.
    Bill D.
    True... Things we have to sell, go down and things we need to buy go up... Way up!

  18. Likes D Nelson liked this post
  19. #16
    Join Date
    Nov 2011
    Location
    CANADA
    Posts
    450
    Post Thanks / Like
    Likes (Given)
    39
    Likes (Received)
    145

    Default

    Quote Originally Posted by CarbideBob View Post
    See here: We recycle carbide scrap, tungsten scrap recycling, grinding sludge recycling. | Carbide Recycling
    www.carbiderecycling.com - loacted in Walled Lake Mi.

    These are good honest people, but note that this is a legit scrap dealer. Cash in more than $500.00 worth and if the check does not go to a business you will get a personal 1099 and have to pay taxes.

    You should get $9.00 to $10.00 right now even if its just 10-20 lbs. Heck, I'll pay ya $8.50 for clean if you cover shipping.

    Lots of under the table local dealers out there if you want to play this game. They all pull some percentage off the top to "wash" your money.
    Up to you if you want to try to scam the IRS. My volumes are too high to even think about trying this.

    Wherever you go shipping can kill ya. Keep this in mind

    To get the best price your scrap should be "clean". Wash the parts in a bucket of soapy water, no mixed in steel or screws. If it's dirty real dealers will deduct some weight.

    Quoted prices are for carbide, not packages, unpackage any tools before shipping or the dealer will deduct a tare weight (and they always err in their favor).

    Carbide with braze attached yields a lower price tag, currently 9.00 per pound.

    If you are sitting on very large weights sorted by grade you can negotiate slightly better prices directly with some of the major carbide suppliers but this will vary highly depending on what they need on any given day.

    We are at record highs in the market but I'm gonna wait as next year looks very interesting and I'm not sitting on that much.
    I've had as much as 40 tons in the back room when I played more in this game.
    I've also been burned seeing the price drop from $7.80 to $3.20 in two months. You place your bets and you take your chances, but there is not that kind of volatility right now and nobody the size of the China "big three" to come in and flood the market.

    As Curtis said in another thread prepare for some good size increases in carbide prices next year. If you are doing budget forecasting think 10-25%.

    Bob

    40 tons !!!


Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •