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 Scrap Prices Increasing?
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Cupronickel
Penny Pincher Member


USA
110 Posts

Posted - 08/16/2009 :  19:42:00  Show Profile Send Cupronickel a Private Message
Are scrap prices increasing in your area? For me, this is the second month in a row of fairly substantial scrap steel increases, up $120/ton between June and August. The scrap that I buy is a fairly specialized product; washed & dried 1010 or 1055 punchings. It is most closely indexed to #1 Busheling (Chicago or Detroit markets).

NotABigDeal
1000+ Penny Miser Member



USA
3890 Posts

Posted - 08/16/2009 :  19:53:02  Show Profile Send NotABigDeal a Private Message
I don't go weekly or anyhting, but my prices are steadly increasing. Check my posts here:

You must be logged in to see this link.

They show my sell prices over the past two years or so. #1 copper low of $1.00 per pound, and highs of over $2.50 I think. On the way up, but I haven't been in a month or so.

Deal

Live free or die.
Plain and simple.

"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams
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