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Sent a triaxle load of steel pipe fence posts to a local scrap yard ,tell them its No.1 unprepared, they insist it is light iron . What thickness is no.1 ?
No. 1 steel is at least 1/4 of an inch or thicker. If all of the material you were selling did not consist of these weights then the scrap yard will down grade your material. In the future it would be best to seperate your material acording to class to ensure you get the most money for your time.
Right now with the deflated scrap market, scrap dealers and processors are going to be very stringent on classification of steel grades. There's just too much on yards and too little demand from mills for the scrappies to want to take everything for good monney.
Thanks for the info, this time last year i was getting $380 a ton for light iron this weeks price $80 ton. This time last year i was treating everybody to dinner at the nicest place in town , tonight we goin to the chinese buffet 12 bucks all u can eat.My what a difference a year makes.
Yep, I'm sitting on about 100 tons of 180lb rail until the market go up a little more. If the timing had been better I would have had $400/ton prices today its at 150, and I am right next door to the mill.
Thanks for the info, this time last year i was getting $380 a ton for light iron this weeks price $80 ton. This time last year i was treating everybody to dinner at the nicest place in town , tonight we goin to the chinese buffet 12 bucks all u can eat.My what a difference a year makes.
Ain't that the truth. In more ways than one.
Hopefully things will get better real soon. But have you noticed the price of gas, just in time for the start of summer. Funny how that works, isn't it?
Hopefully things will get better real soon. But have you noticed the price of gas, just in time for the start of summer. Funny how that works, isn't it?
No. 1 steel ?
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