Price of tin going back down...
- Thread starter BCR
- Start date
pygmy
Hero Member
BCR said:
This figure not look right as seems way too high at 37cents / lb for old sheet tin roofing iron
This is $0.37 X 2240 = $829 / ton
$55 / ton = 2 1/2 cents a lb
two and a half cents
Lou from downunder
Jr. Member
Hi Pigiron, fellow Melbournian here.
Was talking to a mate who owns his own steel fab business.
He says he's only getting $38 per ton for his scrap steel.
Pretty crappy price compared to six months ago, hows that compare with what your getting?
Cheers.
Lou.
Was talking to a mate who owns his own steel fab business.
He says he's only getting $38 per ton for his scrap steel.
Pretty crappy price compared to six months ago, hows that compare with what your getting?
Cheers.
Lou.
pygmy
Hero Member
Hi Lou,Lou from downunder said:
Just checked Sims Metal and pressed steel ( the lowest grade ie white goods and shreddables) is $100/ton.
Batteries up from 14c/kilo to 20c , PVC copper $1.20/kilo and electric motors 50c/kilo.
Considering , I'm happy with these prices.
Better grade steel gets up to $150/ton.
Tarzan.
Lou from downunder
Jr. Member
Tarzan eh? Way cooler than Pigiron...lol
Thanks for the info.
Yeah, those prices are'nt to bad considering.
Batteries are my main go, I pick up a few here and there in my job, have sold a few hundred in the last couple of years. Normally sell them X amount per battery, currently I can get $2, but if Sims is buying by the kilo..... I just went and weighed a couple, the small ones were 10 kgs, the bigger ones over 20 kgs.... at 20cents per kg Sims sounds like the way to go.
I've got between 50-60 at the moment but I'm of the belief that prices will continue to improve so will hang onto them for the moment.
Cheers.
Lou.
Thanks for the info.
Yeah, those prices are'nt to bad considering.
Batteries are my main go, I pick up a few here and there in my job, have sold a few hundred in the last couple of years. Normally sell them X amount per battery, currently I can get $2, but if Sims is buying by the kilo..... I just went and weighed a couple, the small ones were 10 kgs, the bigger ones over 20 kgs.... at 20cents per kg Sims sounds like the way to go.
I've got between 50-60 at the moment but I'm of the belief that prices will continue to improve so will hang onto them for the moment.
Cheers.
Lou.
pygmy
Hero Member
By the kilo is always best. Some truck batteries are 50kg monsters but I lug them ok.Lou from downunder said:
I always make sure they are topped up with water to get every cent from the yard.
Batteries are pretty fickle . The highest I got last year was 38cents. 2 weeks ago it was 14 cents.
The prices are revised each week .
Also I've noticed the smaller scrap yards go to Sims but they get dealer prices.
What suburb are you in ?
Tarzan
Lou from downunder
Jr. Member
G'day Tarzan,
mate, I'm in Langwarrin, thats between Frankston and Cranbourne.
Just out of curiosity I rang Sims {the old Menzies Metals yard in Seaford} and spoke to a guy called Tony.
He quoted me $280 per ton so obviously thats 28c per kg. Told me that the price is reviewed every fortnight. Seems to be heading the right way at the moment.
What part of Melb do you hail from?
Lou.
mate, I'm in Langwarrin, thats between Frankston and Cranbourne.
Just out of curiosity I rang Sims {the old Menzies Metals yard in Seaford} and spoke to a guy called Tony.
He quoted me $280 per ton so obviously thats 28c per kg. Told me that the price is reviewed every fortnight. Seems to be heading the right way at the moment.
What part of Melb do you hail from?
Lou.
pygmy
Hero Member
Well there you go Lou and I'm glad to be of some help.Lou from downunder said:
Seaford is close to your home as well. It doesn't take much to make a ton of batteries.
If you can't carry a ton then I'm sure they'll let you make 2 trips.
Don't forget another good earner worth about $5 each , is the microwave.
I'm referring to the up to 10kg transformer which is classed as electic motor about 50c/kg. There's also the small fan and turntable motor.
I find 5 or 6 lying around the streets each week along with fans and vacuum cleaners.
Tarzan
Lou from downunder
Jr. Member
Hey Tarzan,
Sims in Seaford are now buying batteries for 32 cents per kg.
Scrap steel, better quality stuff, $160 per ton.
Lou.
Sims in Seaford are now buying batteries for 32 cents per kg.
Scrap steel, better quality stuff, $160 per ton.
Lou.
pygmy
Hero Member
Hi Lou, I've checked with Sims in Seaford and their "normal" price this and last week is 24c and $140.Lou from downunder said:
Do you have some special agreement based on qty, family member working there ? Do you collect the GST.
Tarzan
Lou from downunder
Jr. Member
Mate,
when I first rang Sims some weeks ago the girl on the phone gave me their buyers number.
When I rang him and asked how much he quoted 28c and $150 per ton.
I rang him 2 days ago and asked again, this time 32c and $160 per ton.
Although my enquiry was for batteries by the ton, however he did'nt seem fussed if it was a ton or not.
Try him yourself, his name is Tony, number is 0422 333 223.
I'm self employed and have an ABN and I collect the GST on my scrap sales.
Hope this helps and good luck. Keep me posted.
Lou.
when I first rang Sims some weeks ago the girl on the phone gave me their buyers number.
When I rang him and asked how much he quoted 28c and $150 per ton.
I rang him 2 days ago and asked again, this time 32c and $160 per ton.
Although my enquiry was for batteries by the ton, however he did'nt seem fussed if it was a ton or not.
Try him yourself, his name is Tony, number is 0422 333 223.
I'm self employed and have an ABN and I collect the GST on my scrap sales.
Hope this helps and good luck. Keep me posted.
Lou.
