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Robarons
Penny Pincher Member
USA
167 Posts |
 Posted - 06/02/2008 : 20:58:59
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Have anyone ever ventured into this kind of scrap? I learned and was told only to look for Copper, Brass, Alum. metals and anything thats magnetic is bad. However stainless steel pots,pans,utensils, sinks etc. at .70 lb. sounds pretty good.
Am I viewing this correctly? If so SS can be bought cheaper and heavier than say Alum things. And is .70 a pound right? Why arent we jumping on an easier metal like this?
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Seven days without sorting makes one weak.
I told my buddies theres no worry for a run on the banks. Joe Sixpack too lazy and *may* have a walk on the banks. |
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NotABigDeal
1000+ Penny Miser Member
USA
1848 Posts |
Posted - 06/03/2008 : 06:28:05
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Stainless is a good scrap item. I don't mess with it but many people do. If you have the time and space to store it, I say go for it.
Deal |
I'm so sick over pennies....I frequently trade a dime or two for the whole "take-a-penny" container if sufficient coppers exist. That will get you some odd looks. |
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clwp
Penny Sorter Member
USA
86 Posts |
Posted - 06/03/2008 : 16:48:06
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| i am currently getting .80 per pound on stainless. There are plenty of sinks out there and most restaurant equipment is stainless. I believe the burners on electric stoves are painted stainless. |
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Flbandit
Penny Collector Member
USA
428 Posts |
Posted - 06/03/2008 : 19:38:54
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| I take it when I find it. It was at $1.00 not long ago. I just picked up about 5 lbs. of SS cookware at a yard sale for a buck. |
Are you throwing that out? |
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CuproNickle
Penny Pincher Member
180 Posts |
Posted - 06/06/2008 : 16:34:36
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Stainless steel varies in alloy content. It's the alloy that makes it valuable like nickel, chrome etc. There are dozens of different types. Flatwear or sanitary stainless would be one of the lowest grades and thus have the lowest percentage of valuable alloys. It is also HIGHLY magnetic. Try a magnet out on your stainless forks and spoons or a modern Canadian coin. This is low grade stainless.
High grade stainless is used in special applications and is usually reserved for industrial metals that need extreme heat or corrosion resistance. As a rule, the higher the alloy content, the LESS magnetic the stainless will be. If a magnet barely sticks to it, it's probably very expensive stainless scrap. If you know the alloy, all the better as the scrap yard will pay you junk prices otherwise. FWIW |
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Stainless Steel Scrap?
