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 Scrap Metal
 Did the Scrap Yard Rip Me Off?
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Robb
New Member


USA
4 Posts

Posted - 08/06/2008 :  09:22:28  Show Profile Send Robb a Private Message  Reply with Quote
I've been to our local scrap yard two times so I'm new at this. The first time I brought in an old transmission I found at a dumpster by the roadside. At 153 pounds I got 7 bucks. When they helped me get it out of the truck someone said if I had broken the nuts they'd gave me fifty cents a pound...now I'm stoked!
So I pick up all the scrap I can find on the way home from work (mostly steel) I take it apart in the back-yard, remove everything plastic, rubber, nuts, bolts, wire...everything so it's "clean" metal. After about two weeks I have a nice size collection 190 pounds of steel and some alluminum. I brought the steel in this morning and I got 8 bucks. Did I get ripped off or am I doing something wrong?

Thanks
Robb

natsb88
Penny Collector Member



USA
483 Posts

Posted - 08/06/2008 :  09:35:22  Show Profile Send natsb88 a Private Message  Reply with Quote
That seems a little low, but I'm no expert. The last time I was at the scrapyard (back in the spring) mixed steel was 10 cents/pound.

Nate
www.coppercave.com
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horgad
1000+ Penny Miser Member



USA
1349 Posts

Posted - 08/06/2008 :  09:49:14  Show Profile Send horgad a Private Message  Reply with Quote
That is what about $84 a ton? That is crazy low. If I were you, I would try to get a ton and then call around to see who will give you the best price.

http://www.universalwrecking.com/Sections-read-42.html
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Kurr
Penny Hoarding Member



576 Posts

Posted - 08/06/2008 :  10:44:40  Show Profile Send Kurr a Private Message  Reply with Quote
If your stripping aren't some of those transmission housings aluminum? Insides for steel price outside worth much more then. Or core components, ask about that too. Often a flat price depending on make.

Always willing to trade copper for pm's

A number of people are educated beyond, sometimes way beyond, their intelligence. - Tenbears

My Ebay items: http://tinyurl.com/5pqkho
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wavecrazed
Penny Sorter Member



USA
46 Posts

Posted - 08/06/2008 :  21:31:03  Show Profile Send wavecrazed a Private Message  Reply with Quote
There is a Place here in orlando Called Tampa Core. They are offering 20 dollars for trannys. Basic steel around here is being bought for 10- 10.50$ a hundred lbs. Shop around Get out the yellow pages. I have a price list here. Carbs 2.00 Batteries 5.00 Ac compressors 4.00 Starters 5.00 Electric motors. .20 a lb. Etc. Good luck next time.

scrappin" all over
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USNavySubSailor
Penny Pincher Member



USA
110 Posts

Posted - 08/08/2008 :  02:51:39  Show Profile Send USNavySubSailor a Private Message  Reply with Quote
Hi Robb, I think you definitely got ripped off, from what I can tell anyway. You should have received irony cast prices, which was around .20/lb the last time I got paid for it. The only requirement was that the oil was removed. I've never recycled transmissions, but I have recycled entire engines. They were mostly cast aluminum, with some iron still attached.

As for your second trip, if it was clean steel, they might want a certain minimum to get the better prices. That's how it is here, the company I use. They take small quantities of clean iron/steel, but they only pay a few cents a pound. If you have a large quantity, they recommend another company. The GM there told me they only do this for customer convenience. To help out the customers who only have a few pounds of iron/steel. Like I said, they actually do recommend a different company to take your iron/steel to.
It looks like you got about 4 cents a pound for your 190 pounds of steel, I'm not sure what the current price is right now, but that sounds kinda low. Another thing, they might be a middle man, they resell their stuff to someone else in larger quantities, they get paid more.

This is what I would do, I would call them and ask them what they are paying for irony aluminum and for iron/steel. I'd ask them about minimum requirements, at what weight does the price go up, etc. I'd also ask them how they classify different items, etc.
After that, I'd call around to see if there were other companies buying this stuff and what they're paying.

Good luck to you!




24 Empty Missile Tubes, A Giant Mushroom Cloud....It's Miller Time!!!
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moboman
1000+ Penny Miser Member



USA
1333 Posts

Posted - 08/08/2008 :  21:59:16  Show Profile Send moboman a Private Message  Reply with Quote
today my scrap yard paid:
$.8/lb #2 ins copper wire
$2.8/lb #2 copper
$1.7/lb clean yellow brass
$.06/lb "steelcase battery" - lead acid batteries
$.55/lb sheet aluminum
$200/ton mixed iron

lucky that I saw this, as I dont go to the scrap yard often, but got a call from my cousin saying he was going down and if I had anything.

I have a hard time resisting the temptation to take a wheat penny out of the take a penny cup when I see one!
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B-Power-B
Penny Pincher Member



USA
106 Posts

Posted - 08/09/2008 :  21:53:10  Show Profile Send B-Power-B a Private Message  Reply with Quote
On July 28th my yard paid:
$2.20/lb Copper #2
$.60/lb Coper wire
$.75/lb Aluminum Sheet
$.35/lb Aluminum Wire
$.25/lb Aluminum Irony
$.70/lb Stainless Steel
$15 each Catalytic Converter
$230/ton Steel

Those who trade liberty for security have neither.
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clwp
Penny Sorter Member



USA
86 Posts

Posted - 08/10/2008 :  00:48:01  Show Profile Send clwp a Private Message  Reply with Quote
that is terrible pricing on the converters

check out scrap converters on ebay when you get a chance

make lots more than most scrap yards
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B-Power-B
Penny Pincher Member



USA
106 Posts

Posted - 08/10/2008 :  12:20:48  Show Profile Send B-Power-B a Private Message  Reply with Quote
I was not happy with the cat. converter price. I've seen how much they go on ebay for but I thought those were from older vehicles with heavy precious metal content. In the meantime I am going to save my cats until I know more about how to fetch optimal prices on ebay

Those who trade liberty for security have neither.
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B-Power-B
Penny Pincher Member



USA
106 Posts

Posted - 08/27/2008 :  12:53:03  Show Profile Send B-Power-B a Private Message  Reply with Quote
This time I called around and found a place just as close as the yard I take steel is an here are the prices:

ALUM CLIPS W/ PAINT: $.68LB @ 272LBS

ALUM/COPPER RADIATORS: $1.20LB @ 27LBS

YELLOW BRASS: $1.65LB @ 181LBS

#2 COPPER: $2.70LB @ 314LBS (THEY COMBINED #1 AND #2)

INSUL. CU WIRE 65%-70%: $1.60LB @ 61LBS

MISC. INSUL. PHONE WIRE: $1.15LB @ 161LBS

STAINLESS STEEL: $.78LB @ 1128LBS

Those who trade liberty for security have neither.
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horgad
1000+ Penny Miser Member



USA
1349 Posts

Posted - 08/27/2008 :  13:49:29  Show Profile Send horgad a Private Message  Reply with Quote
quote:
Originally posted by B-Power-B

This time I called around and found a place just as close as the yard I take steel is an here are the prices:

ALUM CLIPS W/ PAINT: $.68LB @ 272LBS

ALUM/COPPER RADIATORS: $1.20LB @ 27LBS

YELLOW BRASS: $1.65LB @ 181LBS

#2 COPPER: $2.70LB @ 314LBS (THEY COMBINED #1 AND #2)

INSUL. CU WIRE 65%-70%: $1.60LB @ 61LBS

MISC. INSUL. PHONE WIRE: $1.15LB @ 161LBS

STAINLESS STEEL: $.78LB @ 1128LBS




That sounds about the same as around here in Indy.

Edited by - horgad on 08/27/2008 13:50:36
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B-Power-B
Penny Pincher Member



USA
106 Posts

Posted - 08/27/2008 :  15:50:47  Show Profile Send B-Power-B a Private Message  Reply with Quote
Yeah, I felt better about it this time.

In the past I have just taken it and let them load it and "take control". This time I called around and got different yards prices. Then I paid attention to what was going on and took my list of prices. I felt like I did not get bent over this time.... I wanted to post it to get feedback but I know its kinda hard when you guys cant see what I turned in.

Those who trade liberty for security have neither.
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clwp
Penny Sorter Member



USA
86 Posts

Posted - 08/27/2008 :  16:06:02  Show Profile Send clwp a Private Message  Reply with Quote
good prices

another thing i will do is ask how much they are paying on each item before it is taken off the truck. If i dont like the price i dont take it off the truck.

I also ask them to tell me if there is an item they see that will bring the price down let me know ahead of time so i can remove it if necessary.

just remember the stuff belongs to you and you get to choose if you want to sell it for their price. Dont feel pressured to sell if you dont like the price
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B-Power-B
Penny Pincher Member



USA
106 Posts

Posted - 08/27/2008 :  16:22:59  Show Profile Send B-Power-B a Private Message  Reply with Quote
quote:
Originally posted by clwp

good prices

another thing i will do is ask how much they are paying on each item before it is taken off the truck. If i dont like the price i dont take it off the truck.

I also ask them to tell me if there is an item they see that will bring the price down let me know ahead of time so i can remove it if necessary.

just remember the stuff belongs to you and you get to choose if you want to sell it for their price. Dont feel pressured to sell if you dont like the price



Good point.
I unloaded everything and then they gave me a hand written ticket with all the scale weighs. I then took my price list and he asked what he quoted me on each of the metals. I told him and he usually gave me the lower price of the quote. (ex. he quoted over the phone $.60-.65 a lb for dirty aluminum sheet. He gave me .60)

While at the yard I saw mother boards there. I just called and he quoted $.60 LB for them as long as they were out of computers only.

For those with experience, would it be dumb if I just took it for $.60 LB rather than messing with Ebay and PayPals fees????

Those who trade liberty for security have neither.
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tyoon21
Penny Sorter Member



38 Posts

Posted - 08/27/2008 :  18:00:47  Show Profile Send tyoon21 a Private Message  Reply with Quote
quote:
Originally posted by B-Power-B

quote:
Originally posted by clwp

good prices

another thing i will do is ask how much they are paying on each item before it is taken off the truck. If i dont like the price i dont take it off the truck.

I also ask them to tell me if there is an item they see that will bring the price down let me know ahead of time so i can remove it if necessary.

just remember the stuff belongs to you and you get to choose if you want to sell it for their price. Dont feel pressured to sell if you dont like the price



Good point.
I unloaded everything and then they gave me a hand written ticket with all the scale weighs. I then took my price list and he asked what he quoted me on each of the metals. I told him and he usually gave me the lower price of the quote. (ex. he quoted over the phone $.60-.65 a lb for dirty aluminum sheet. He gave me .60)

While at the yard I saw mother boards there. I just called and he quoted $.60 LB for them as long as they were out of computers only.

For those with experience, would it be dumb if I just took it for $.60 LB rather than messing with Ebay and PayPals fees????



B-Power

Well...I personally like to sell the boards on Ebay. In general you can get around .85 to 1.00 per pound, especially if you have a lot of boards to sell.

Make sure when you sell boards though that you remove the processor, aluminum heat sink and RAM chips. Most people don't expect to get those parts when they buy boards and you can sell the pulled parts for good cash.

The major problem with boards is shipping. If you charge too much for shipping, people won't buy. In general I get a large flat rate box and try to cram in at least 7 pounds of material. Sometimes you can cut the boards in half however let the buyer know.

Check the market too. If you see multiple ads for boards, wait for a bit then sell. Also, if you really want to get technical, wait until gold has a good run on the commodoties market.

Hope this helps! I have made a lot of money selling boards on Ebay. Good luck!

Tom

Take this job and shove it. I don't want to work here no more...
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B-Power-B
Penny Pincher Member



USA
106 Posts

Posted - 09/02/2008 :  21:02:34  Show Profile Send B-Power-B a Private Message  Reply with Quote
quote:


B-Power

Well...I personally like to sell the boards on Ebay. In general you can get around .85 to 1.00 per pound, especially if you have a lot of boards to sell.

Make sure when you sell boards though that you remove the processor, aluminum heat sink and RAM chips. Most people don't expect to get those parts when they buy boards and you can sell the pulled parts for good cash.

The major problem with boards is shipping. If you charge too much for shipping, people won't buy. In general I get a large flat rate box and try to cram in at least 7 pounds of material. Sometimes you can cut the boards in half however let the buyer know.

Check the market too. If you see multiple ads for boards, wait for a bit then sell. Also, if you really want to get technical, wait until gold has a good run on the commodoties market.

Hope this helps! I have made a lot of money selling boards on Ebay. Good luck!

Tom



Tom,

I just do not see the point in selling mother boards on Ebay. You say you get $.85-$1 LB, and you try to cram 7LBS per auction?? By the time it takes to take good pictures, then post it on ebay, pay all the fees... It cant be worth it the way I am seeing it. Why not just advise that I save the time and take it to the yard for $.60 LB?

This is the type of auction I have been seeing. Is this generally what you get in your auctions? Perhaps I need to see a good example of how to do it.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=250278924091&ssPageName=STRK:MEWA:IT&ih=015

-BB

Those who trade liberty for security have neither.

Edited by - B-Power-B on 09/02/2008 21:03:57
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moboman
1000+ Penny Miser Member



USA
1333 Posts

Posted - 09/05/2008 :  01:47:14  Show Profile Send moboman a Private Message  Reply with Quote
this got off topic fast.

Where i go is like the largest yard in town. then there are smaller setups in the different neighborhoods that buy your scrap and resell it to the bigger yard. I know guys that go to the closer, smaller setup and they get maybe half of what I get, but convenience has a price. The smaller place also will take anything, no questions asked.

I have a hard time resisting the temptation to take a wheat penny out of the take a penny cup when I see one!
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