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- #21
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Metal stuff like that is prices at X amount times scrap weight. Assuming they are about 8000#, I think they are more but lets assume....
Five years ago scrap payed $3 per 100#. That was $240. So say they were selling then for around 4 X scrap. Then you could get one for about $1000.
Now scrap is paying $12 per 100#. So that is $960. So when they price it for 4 X scrap that $1000 container is now $4000.
Not an exact thing but how metal price effects it.
Metal stuff like that is prices at X amount times scrap weight. Assuming they are about 8000#, I think they are more but lets assume....
Five years ago scrap payed $3 per 100#. That was $240. So say they were selling then for around 4 X scrap. Then you could get one for about $1000.
Now scrap is paying $12 per 100#. So that is $960. So when they price it for 4 X scrap that $1000 container is now $4000.
Not an exact thing but how metal price effects it.