I live close to the Ohio river, just outside of Pittsburgh, PA. (The former steel capitol of America) We usually get a really good scrap price, because the steel stays local, or goes on a barge right down the ohio river. We were getting $15.50 per 100 lb at the highest. That's $310 per ton. Within the past 3 weeks, the price has dropped like a rock, and is now just $5 per 100 lb., or $100 per ton.
If your local scrap yard is still paying well, hurry up and take advantage of it, because it's about to nose dive.
Why is this good news? Now, I can get combines for scrap price at a 1/3 of the cost that I was just a month ago!
If your local scrap yard is still paying well, hurry up and take advantage of it, because it's about to nose dive.
Why is this good news? Now, I can get combines for scrap price at a 1/3 of the cost that I was just a month ago!
