Scrap VS Material prices, what are you getting/giving?

Ox · 08-16-2019, 10:31 PM

Originally Posted by macds

Pardon me!!?
The *$#@!%%^!! I take my 316L (with certs) has only been giving me .2 at best for the last 2 years.
When you figure it works out to $1000 some months... seems I need to shop my scrap around.

Is there any where a fella could check to see what the mills are actually paying by grade? (Canada preferable)

This is from the most recent cheat sheet that I got a week ago from my local yard.
I ass_u_me that this is for heavy melt, and not chips. (???)

7180 316 STAINLESS STEEL 7180 0.62

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Think Snow Eh!
Ox

**david n** · 11-22-2019, 04:56 PM

Ugh...........lugger was swapped out this week. 6k #'s of Ali.............$.12/lb...............

Ox · 11-22-2019, 05:04 PM

I hope that's after trucking fees!

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Think Snow Eh!
Ox

**kustomizer** · 11-22-2019, 05:12 PM

The guy that hauls my aluminum scrap tells me if I briquette it he won't even haul it as it has to be ground back into chips so they can make sure it is not full of stuff other than aluminum. We make around 1000# - 2000# of chips a month and .10 to .12 is about all their worth, he charges me $500. to haul them about every 6 months.

**Rob F.** · 11-22-2019, 05:28 PM

Originally Posted by macds

Is there any where a fella could check to see what the mills are actually paying by grade? (Canada preferable)

This site is all scrap, worldwide info so Canada info might be in there:
Scrap Metal Prices, Recycling News, Scrap Yard, Sell Scrap Online

**david n** · 11-22-2019, 06:37 PM

Originally Posted by Ox

I hope that's after trucking fees!

Heck no!.............$70 to swap it out(which ain't too bad)..................

**Mcgyver** · 11-22-2019, 07:24 PM

Originally Posted by macds

Is there any where a fella could check to see what the mills are actually paying by grade?

How's your mandarin?

Ox · 11-22-2019, 07:28 PM

I kind'a like those little oranges.

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Think Snow Eh!
Ox

**Mud** · 01-02-2020, 07:46 PM

I was offered $.08/lb today for aluminum turnings. I was shocked - hardly worth hauling a ton for that. Solid scrap at .25/lb. What are you getting?

**SND** · 01-03-2020, 07:10 AM

Prices always seem to go real low around holidays, probably best to wait a few weeks and see if it goes up as mills get rolling again.

**Milland** · 01-03-2020, 07:29 AM

If we wind up on an active war footing with Iran, we can count on some spike in material costs - perhaps that will bleed into scrap too. After all, those bombs are made from iron and steel, right? Maybe the drones need lighter Al bombs.

[Not sure whether to use a smiley here...]

**doug925** · 01-03-2020, 01:09 PM

Last week:
Aluminum turnings (clean) = $0.02 /lb !!!
Aluminum Solids (remnants) = $0.04 /lb !!
Carbide = $5.0 /lb
Steel= Worthless
316sst = $0.06 / lb

Ouch!!!

**Fal Grunt** · 01-03-2020, 01:19 PM

Originally Posted by doug925

Carbide = $5.0 /lb

Ouch!!!

I’d have to look for it, but I’m pretty sure last I sent scrap carbide it was $14/lb.

Ouch is right!

Didn’t take long to find it! $13.75/lb was what I got in 2014.

**Milland** · 01-03-2020, 01:21 PM

Originally Posted by doug925

Last week:
Aluminum turnings (clean) = $0.02 /lb !!!
Aluminum Solids (remnants) = $0.04 /lb !!
Carbide = $5.0 /lb
Steel= Worthless
316sst = $0.06 / lb

Ouch!!!

Crazy numbers! I don't understand why Al is so low, shouldn't imported material be going up due to tariffs? Is US production and recycling so high that it's putting a damper on imports? But that should mean demand for scrap.

That, or demand has tanked. But that would indicate reduced consumer activity, and that's not happening. ??

**Larry Dickman** · 01-03-2020, 01:22 PM

I was just quoted $.31/lb for 6061 chips. wtf? $.02

**Milland** · 01-03-2020, 01:33 PM

Here's an article from September '19 that gives some insight: Out of balance - Recycling Today

And from October, no encouragement from Schnitzer: News | Argus Media

A current viewpoint: 2020 preview: Al scrap mart facing bleak year | American Metal Market | Fastmarkets AMM

**Milland** · 01-03-2020, 01:36 PM

Originally Posted by Larry Dickman

I was just quoted $.31/lb for 6061 chips. wtf? $.02

Pricing is subject to regional demand. I haven't priced local yards for a while, but I'm sure it's a lot lower than $.31/lb. Probably in the low $.10's.

**david n** · 01-03-2020, 03:08 PM

Well the lugger outside is almost full again..............I'm afraid to even call and get a price......................

**Fal Grunt** · 01-03-2020, 03:14 PM

Originally Posted by david n

Well the lugger outside is almost full again..............I'm afraid to even call and get a price......................

My brother has a semi truck hopper, not quite 53’, but whatever that length is. They have the whole bay piled full of crap because the dumpster is over flowing. He said the last time they hauled it he owed them $150 for fuel. Usually he said he nets $200-$300 on a full one.