First, we always publish our prices, right on our website. Some scrapyards refuse to publish their prices or make you call in or in some cases drive-in with your metal to know the value of the metal. Whether you are cleaning out your house, garage, business, or have an established industrial recycling program with us you will always have the ability to know the value of your metal before you decide to work with us. We aren’t afraid of competition, we hope you look at us compared to all of our competitors and hope you feel we have the right mix of integrity, service, and sustainable values to be your long-term recycling solution!
For our industrial metal recycling customers, scrap metal pricing is communicated at the beginning of the month. Our customer service rep sends out a pricing sheet to each of our customers. Steel prices will stay steady for the month and formulas for copper, brass, aluminum and stainless steel will display the percentage of the day of pickup metal price that will be given. Aileen gives customers the pricing formula and a brief overview of what we know about pricing which is very helpful to our commercial metal recycling customers.
If you are wondering how in the world do they come up with the pricing there are many different variables involved. Non-ferrous metals, such as aluminum prices, copper prices, brass prices, and stainless steel prices are all determined on a daily basis. Sahd Metal Recycling commercial recycling program customers have a formula percentage for their metals that is applied to kitcometals.com dynamic live pricing. Metals are priced on the London Metal Exchange and stream on kitcometals.com. Non-ferrous metals such as aluminum, copper, brass, and stainless steel can be very volatile and change minute by minute. Sahd Metal Recycling will honor pricing deals no matter the market and if you lock in a number we will stand by our commitment. As always, ask for a bump in pricing for large quantities, we will give it if we can.
Commercial account pricing is established for each metal an industrial recycler typically scraps. An example is brass: if it is always pegged at 40% of the copper LME on kitcometals.com if copper is at $1.00 per pound the customer will earn .40/lb. At $5.00 per pound that same brass is worth $2.00 per pound. Each metal is based on a percentage based on cleanliness and quality of the alloy and how well the industrial customer can segregate the item.
Steel scrap pricing is typically established at the beginning of the month when the steel mills establish scrap pricing. Industrial recycling customers will have metal prices hold for the entire month based again on a formula percentage for their type of metal. Steel dumpsters can often include many different types of scrap steel and Sahd Metal Recycling is committed to sorting the metals to give us and our customers the greatest value for their load.
The steel, lite iron, cast iron, and rotors pricing is all considered ferrous metal pricing. It is based on the American Metal Market’s Fastmarkets publication. That publication takes numbers that are given by buyers and sellers of various grades of metals. Sahd Metal Recycling sets scale pricing and industrial scrap customer formulas on percentages of these categories. Here is a description of the process of the American Metal Market:
As per Pennsylvania state law, customers hauling for a company must present a current photo driver’s license, or photo ID for any transaction over $100.00. Call (724) 224-2424 or contact us to see how we can help you.
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