Scrap metal prices

[dmccarty]

New aluminum on the London Metal Exchange is going for about USD .73 per pound. Back in 2012 aluminum was $3-3.50 per pound.

Later,
Dan

 

[Kyle_in_Tex]

New aluminum on the London Metal Exchange is going for about USD .73 per pound. Back in 2012 aluminum was $3-3.50 per pound.

Later,
Dan

WOW, that's cheap. Now Ford can charge less for the new F-150

 

[Jstpssng]

WOW, that's cheap. Now Ford can charge less for the new F-150

:thumbsup:

 

[300UGUY]

:thumbsup:

You funny guy!!!

( Dream on ! )

 

[LD1]

Seems new steel prices for just about anything from plate to structural shapes like angle and channel have been 50-60 cents a pound for the last 8-10 years. When scrap was over 200/ton for at least that long. Now scrap under $100/ton and new steel cost the same.

New aluminum for only a tad more per pound....not around here.

 

[Scooby074]

As of yesterday, locally, "light steel" like appliances, cars, etc. $20/ton. Solid steel, like plate and structurals, $50/ton. In CAD. The girl at the counter told me to expect it to go even lower.

 

[Stimw]

I sold some a couple weeks ago and got .33 for 67 lbs of crushed cans!
$1.28 lb for copper.
The checker told me that the Mill has stopped buying steel!
I've got about 2 tons of steel but it's not worth the gas to take it in!

 

[zzvyb6]

Bare Bright Copper $2.00/LB
#1 Copper $1.90/LB
#2 Copper $1.65/LB
#2 Communications Wire (Cat 5) .50/LB
#1 Electrical Wire (Romex/THHN) 1.10/LB
Aluminum Extrusions $0.40/LB Extruded
Aluminum cans $0.33/LB Aluminum Can Recycling
Aluminum Siding $0.36/LB Painted Siding
Aluminum Wheels $0.48/LB Aluminum Wheel recycling
Copper/ Aluminum Radiators $0.85/LB
Batteries (Lead/Acid) $0.15/LB
Plumber's Brass $0.60/LB
Electric Motors $0.10/LB
Old Sheet Aluminum $0.30/LB
Stainless (304) $0.25/LB
Sheet Iron $0.025/LB
Steel $.025/LB
Computer Towers 2.00 Each

 

[Billrog]

Scrap metal cut less than 30" $30 a ton longer than 30" $18 a ton here today.

 

[Mysfyt]

Wow, thats horrible.

Last I checked was 3 or 4 weeks ago and it was at $100/ton, so I decided not to scrap what I had at the time. My guy I sell to tells me its cause china is broke and they are the ones that buy everything.

Not just steel either, the non-ferrous stuff is down as well. A few years ago we were getting 280-300 for

steel, .70/lb aluminum, $2/lb brass, and $3+ for #1 cu. Those had dropped to .35/aluminum, .90/brass and 1.60cu when i called.

Wonder why the price of new steel is still as high as it was when scrap was $300/ton? Dont make any sense

I'm seeing new steel selling for $.32 per lb. That's as low as it has been since 2009 and it looks to remain here for awhile.