Morning All
Just come back from the scrappy - with most of the scrap that I took :o(
I have been expecting the prices paid for scrap to drop for some time but had a real shock this morning. I had a load of copper pipe copper water cyclinder brass castings and fittings etc ali castings and extrusions transformers 'burning wire' - ie cable with the insulation on (not that they actually burn it off any more though)
The prices on offer this morning were
clean copper pipe 1450 metric tonne - formerly 2800 stainless 350 " " 1100 brass 650 " " 1800 lead 250 " " 800 ali 200 " " 700 transformers and motors 40 " " 400 heavy steel sections 25 " " 100 light steel - cars etc 15 " " 65
I dumped all of my wire and bulky but light ali fabrications and the cylinder ie the stuff that is a pain and bulky to store and will stash the other stuff in the hope that the price will pick up a bit next year
- can't see it improving this side of Xmas :o(
It will be interesting to see how this price crash affects the cost of used machine tools - often sold at little more than scrap prices or the prices of the more common stationary engines, used gennys etc.
Its going to be a lean Christmas this year :o(
regards
Dudley