COst of steel at metal suppliers

Feb 09, 2013 52 Replies

If I was to buy steel at a metal supplier, in the quantity of a ton or so, how much would it cost per lb? I mean metal such as hot rolled rounds 1-3 inches thick, 4140, rectangular solid stock etc.



I want to price my 15 tons of steel below market, and I want to know what "market" really is.



thanks


New steel averages $1.10 per pound hear in las vegas. No discount for how many tons you buy. My supplier has a scrap bin you pick that they sell for .50 per pound. They will deliver for free if your order is over $300, they also offer one free cut if your buying full length mill stock typicaly 20-24Ft per piece.

Your gonna have to buy at scrap yard or below prices to make a profit.

Best Regards Tom.

Call your local suppliers with a list of your materials and ask them what they charge for each type.

Its hardly rocket science.

Gunner

The methodology of the left has always been:

  1. Lie
  2. Repeat the lie as many times as possible
  3. Have as many people repeat the lie as often as possible
  4. Eventually, the uninformed believe the lie
  5. The lie will then be made into some form oflaw
  6. Then everyone must conform to the lie

Yarde Metals also sells drops and surplus material. They offer certs and if the order is large enough, delivery. They have prices on line.

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Kevin Gallimore

IU bought it for3 cents per lb

At that price you should be able to make some money.

Got any heavy duty swivel casters?

Best Regards Tom.

Iggy, scrap steel purchase is about the only thing you haven't beat me at for scrounge deals. If you rmeber i bought the whole room of steel at an auction for $100 then immediately sold the rack for $150. It was over twenty tons.

It was 90 degrees and 80% RH that week and i hauled five days straight, about died.

Anyway, I've been selling off that pile at 50 cents per lb. and guess the weight (low if you load yourself and get a lot. Full weight if you are a PITA)

Karl

Yes, that was a great deal and definitely better than mine. My best deal to date is the "forklift manual deal". But this one is great also. It took us 2 days to remove that metal (5 man-days) and we did use a forklift. Most of it is still on my 48ft flatbed semi trailer, we need to build the cantilever rack that we brought along. I am glad that it was relatively cold and not hot like for you.

i

I have some carts on heavy duty casters. About five of them.

i

Just need casters for a project.

Best Regards Tom.

Looks like they want almost 2 dollArs per lb

Lots of centers around here sell for a lot less and a lot more depending on the item. Each service center specializes in different stuff, they aren't competitive across the board. What was quoted $2/lb? Any D-2?

Are you trying to build a R2 droid?

In California..a lot of steel is $2.40/lb

The methodology of the left has always been:

  1. Lie
  2. Repeat the lie as many times as possible
  3. Have as many people repeat the lie as often as possible
  4. Eventually, the uninformed believe the lie
  5. The lie will then be made into some form oflaw
  6. Then everyone must conform to the lie

I did not see any D-2, but I have a big block of O-1.

On Feb 9, 3:22 pm, Ignoramus19809 wrote: >If I was to buy steel at a metal supplier, in the quantity of a ton or

Depends upon what kind of steel and where. I remember I saw a TV movie Columbo episode: "The Conspirators" (1978) which ended up being about ships that traded cargo while out at sea. Could this be a cheap way of avoiding cheap import duties ?? Like buying steel below government-set prices??

(you do know that the price of steel is set by each country's government, right)

e

The way you can make serious money at steel buying is to gamble at buying futures. Get a loan and tell your supplier that you will pay $2000 dollars today for as much steel as you can get for that price to be delivered next month and hope he adds a few more pounds because you are buying in bulk. If the price has gone up in that next month, you will have already paid $2000 today so you will then be getting more for the old price.

No, I didn't know that. Could you enlighten us and advise us of the U.S. National Agency that sets the price of steel in the U.S., and perhaps in another one or two countries?

It is called The Governmental Commission for Setting Steel Prices, Eliminating Vice and Watching Craigslist.

i

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