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Tool Talk Discussion Forum

Coils of Wire

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Bob Farrell

10-11-2007 07:24:58




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Thanks to Stan in OLY,Wa, rick dant, nballen, Davis in SC, and others who replied to my post a couple weeks ago. I did as suggested and contacted Lincoln Electric Co. and they replied: "This product is discontinued. You may want to consider using ED 016248 as a replacement."

So I guess I have a mild steel wire with a copper colored coating. This stuff is brand new and I hate to sell it as scrap. Don't know what the scrap price is - but probably not much. Thanks again to all those that tried to help me out. bob farrell

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Stan in Oly, WA

10-11-2007 07:54:18




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 Re: Coils of Wire in reply to Bob Farrell, 10-11-2007 07:24:58  
Hi Bob,

Thanks for the update. What you have is worth around a dollar a pound at retail as sold by the individual roll. The last time I took a load of steel scrap to the big industrial scrap yard in Tacoma, it was selling for around $100 a ton in its best condition---clean, unmixed with non-ferrous material, less than 3' lengths. What you have would seem to qualify except, possibly. for the composition of whatever the wire is coiled on. Taking $300 for goods that have a FMV of more than $5,000 would strike me as so bitter a pill that I couldn't do it until I'd made at least some effort to contact someone who uses ED 016248 and might give you a fair (bargain to them) price of the whole lot.

All the best, Stan

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Wardner

10-11-2007 12:34:03




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 Re: Coils of Wire in reply to Stan in Oly, WA, 10-11-2007 07:54:18  
Many years ago, I bought four pallets of submerged arc wire at an auction where welded I-Beam (bridges) was formerly made. It was in good condition. I bought it because I had a customer that ran four sub-arc machines on three shifts. They built pressure vessels. They had no interest and I eventually scraped it. The product code of my material was the same as what was stored in their warehouse. Must have been a liability thing.

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Davis In SC

10-11-2007 21:19:08




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 Re: Coils of Wire in reply to Wardner, 10-11-2007 12:34:03  
Yeah, it is getting harder to sell surplus materials now.. All the ISO standards, liability, etc... Most companies want a complete paper trail, from start to finish... just in case of a recall or lawsuit..



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big fred

10-11-2007 09:54:32




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 Re: Coils of Wire in reply to Stan in Oly, WA, 10-11-2007 07:54:18  
Stan, I'm kinda surprised that you were getting $100 a ton. Just a couple weeks ago I took an old tin shed, dirty, painted sheetmetal, mostly, to the recyclers in Pacific (near Auburn) and got 4 cents a pound, ($80 a ton). I would have expected good clean high quality scrap steel to bring much more. Maybe I got a better deal than I thought? I was just glad to have it gone.



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Stan in Oly, WA

10-11-2007 16:18:43




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 Re: Coils of Wire in reply to big fred, 10-11-2007 09:54:32  
Hi Fred,

When I give out any information that is going to make a big difference, I take the time to check my facts. When I can be off by a large amount and it doesn't affect the general point I'm making, I sometimes just take my best shot. I have to admit that my best shot is now considerably better with a handgun than with anything requiring memory. Adult onset CRS, you know.

All the best, Stan

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big fred

10-11-2007 20:48:10




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 Re: Coils of Wire in reply to Stan in Oly, WA, 10-11-2007 16:18:43  
Stan, I'm not doubting your figures, just kind of surprised that the place I went to didn't discount more than that.

And BTW, if you ever see me with a handgun, you're probably safest standing in line with my target, I'm a lousy shot. ;o)



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Stan in Oly, WA

10-12-2007 02:35:55




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 Re: Coils of Wire in reply to big fred, 10-11-2007 20:48:10  
Hi Fred,

I think I was unclear. I wasn't defending the accuracy of my figure, I was admitting that I was probably wrong.

If you've never been to Schnitzer Brothers Steel over in the Port of Tacoma area, it would be worth the extra distance for you to take your next load of steel scrap there---for the experience, I mean, not because you would get more for your scrap. It's steel handling on a scale that boggles the imagination. I was intimidated the first time I took a load there, but eventually I began to enjoy it. It's so bizarre and exhilarating that I considered trying to get hired on there, but decided that I'd hate the nasty commute from Olympia.

All the best, Stan

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