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Buying and Selling Scrap Metal
Buying and Selling Scrap Metal
Obsolete Scrap
Consumer and industrial discards of old steel-bearing buildings, structures, machinery, autos & consumer goods. Virtually of this requires processing prior to recycling (remelting).
Exporters
Historically provided dock facilities for moving bulk cargos New trends in containerized scrap shipments make domestic dealers and overseas consumers less dependent on export docks
Carriers
Truckers and Railroads
Electric Furnace (Mini-mill) Steelmakers 100% Scrap or Scrap Substitutes Major investments in flat-rolled market Primary buyer of automotive scrap today
Foundries
Price Elasticity
Obsolete scrap price elasticity perhaps .3 (10% price increase = 3% increase in supply) Industrial scrap is price INELASTIC
Scrap Grades
Stamping Offal Produced by stamping and blanking operations
Scrap Grades
Stamping Offal-based Grades
#1 Busheling
Blanking or Punch Presses
Clipress (Busheling) from Onsite Clipress Operation #1 Shredded Clips from Offsite Shredding Operations
Scrap Grades
Machining-based Scrap Grades
Scrap Grades
Obsolete Scrap Grades
Scrapped Autos
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