Low pricesTook in a mixed load and onl

[Bob Z.]

took in a mixed load and only got $1.00/lb. for copper but got.75/lb. for electric motors got $88.00 not bad for a small load. Bob

 

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[Shortstack]

A local parttime scrapper told me he's not "fooling with" aluminum right now because the price dropped. I suggested that he still stockpile it because the price will come back up.

 

[pygmy]

Keep on going back to that yard Bob and maybe try them with something else to get a suprise.
I say this because an electric motor might only have 10 % by weight of copper in it, plus add the cost of labour and energy to extract the copper then your price is about 70 cents too much.

 

[Shortstack]

I wonder if the high prices they paid for electric motors might be tied to a "core" value for rebuildable motors.

 

[pygmy]

You could be right if no mistake was made. In these dark times value adding would help keep the yard afloat as I'm sure they are feeling the pinch too. Getting the boys to spend more time separating the metals instead of shredding the lot en mass would also reduce lay offs . But I expect the labor cost / rate to shrink in the months ahead.
A yard would have an experienced valuer that could quickly decide, for example, if brass plumbing fittings could be resold as such and not scrapped. There are hundreds of situations like this.

 

[lastleg]

Does anyone know if retail hardware businesses would buy 'good' brass
fittings? lastleg

 

[aa battery]

aint taken anything in for months

 

[TexasDeere]

That is about what copper is paying close to me. I was amazed at the price you got for the electric motors. They are only paying around $.05 a pound for them around here.

 

[pepperpump]

It will come back up, just hoard it for now.
Pepperpump

 

[snake35]

It sounds to me like they paid you for alternators/starters. I have a pile of nonworking electric motors saved up. I buy lots of motors and resell the good ones at a local flea market. The prices are going to come up for scrap before 2010.