PREMIUM METAL RECYCLING SOLUTIONS
EFFECTIVE - MARCH 1, 2024
If you are scrapping a vehicle, it will either be considered a COMPLETE CARBODY or SHEET IRON. That means, if your vehicle has both a motor and transmission, it is considered a COMPLETE CARBODY. But, if it is missing a motor and/or transmission, it will go as sheet iron. Please also remember that ALL vehicles (whether it is a complete carbody or considered sheet iron) still need a clear title that is signed off and a hole in the gas tank if you are hauling it to us.
If you have any questions, please feel free to give us a call. Thank you!
Hybrid Cars and Batteries
We will ONLY purchase hybrid and electric cars IF THE BATTERY PACKS ARE REMOVED. If they are still in the vehicle, we will turn the car away and not accept for scrap. We do not want to endanger our employees OR have upset customers because they are unaware of this policy. As always, if you have any questions, do not hesitate to contact the office for further explanation.
GROSS TON vs NET TON
When you are thinking about ferrous scrap, it makes more sense to think of it priced per pound. If sheet iron is $100 per net ton, we can break that into the price per pound. Take the $100 and divide that by 2000 for a net ton. You should come up with $0.05 per pound. Now, if you take that same 5 cents per pound and multiply that by 2240 for a gross ton, you will arrive at $112. So, the same 5 cents per pound is $100 per net ton and $112 per gross ton. It’s the same price per pound, but a gross ton has more pounds in it. That is why the dollar amount is larger than a net ton, because there are more pounds included per one gross ton. What really matters is what you are being paid per ton. We decided to start purchasing steel from our customers in gross tons because that is how the steel mills require us to sell to them.
2000 / $100 = $0.05
2240 * $0.05 = $112
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Metal Recycling Dumpsters
Are you cleaning up around your house or business and need a scrap metal dumpster? Give us a call! We can almost guarantee that we will have a size to fit your needs. We have dumpsters as small as 9 yards all the way up to a large 80 yarder. We will schedule a time to drop it off. When it needs swapped out, give us a call and we’ll get you on our schedule.