Right now scrappers are paying 5-6 cents per pound for scrap steel. They get up to 12-14
cents from the foundry, depending on how clean it is.
-----Original Message-----
From: cctalk [mailto:cctalk-bounces at
classiccmp.org] On Behalf Of William Donzelli
Sent: Friday, November 21, 2014 1:45 PM
To: General Discussion: On-Topic and Off-Topic Posts
Subject: Re: mainframes and other stuff
Fyi, steel is currently around $6 / 100 lbs. I just
turned in a 4200
lbs Chevy for $263.
When they sell to the mill, they will certainly do better than that.
That is the thing many collector do not get - in order to win a scrapper over, you have to
beat what *he* will get for the scrap, not what he will pay for it. And the problem is
those numbers will often be a big mystery. It will vary greatly on a per mill, per deal,
per phase of the moon basis.
--
Will
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