Whilst buying some steel from the local stockest, who is also the local scrap dealer, I noticed something I thought I'd never see again.
Money was being PAID for scrap cars!
Cars with tyres and all were coming in and the chap was paying for them. I don't know how much per tonne but he took a phone call and said that if the punter could get the car to him he would pay them for it. Meanwhile another lady appeared with an old Volvo 340 and put it on the weighbridge. The transaction didn't take place until after I had gone but again the chap mentioned that he would sort the money out in a bit.
This is coupled with a few wrecks disappearing from the fronts of peoples houses. Obviously people have finally got around to getting rid of them or some people have been doing a roaring trade and removing them FOC with the owners' permission - why not?
In addition, I don't see the usual catalogue of cars being abandoned by the roadside anymore.
I know steel prices have gone up but it's good to see the benefit being passed onto the motorists.
This has got to be good.
Hugo
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The cost of steel in construction has escalated dramatically in the last year. To give you an idea, for a budget i would have used £1,100 per tonne for a steel frame building, whereas this year i would be looking at £1,500 per tonne. Typically inflation in construction i.e. the rate at which tender prices rise is about 4-6% per annum, steel has risen by 36% in the last year!. I have been involved with two schemes in the last year where a concrete frame has been considered instead of steel to minimise the cost uncertainty and reduce the lead in period.
(motoring link) so scrap cars actually being worth something isn't a surprise to me.
But if the bottom of the heap i.e. the cars that previously were worthless because you had to pay to scrap them are now worth something, how ong will £20 Mondeo's be around?
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Witness the missing "foul water inspection chamber covers" (thats manholes in non pc speak) that local authorities are plagued with.
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As RF said..though it could account for not so many burnt out motors..Apart from a certain Low life that exist for this purpose..only benefit I see is less car burn outs..Suppose it speaks for itself..good in a way though it doesnt help those that have car nicked/burnt out TPFT
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Steve
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I read somewhere, can't for the life of me think where....but some building was put on hold as no steel was available for the structure!
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can confirm that metal thefts from industrial estates (skips etc) is on the up....as is the theft of broken down motors left by the roadside
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The main reason for rising scrap values is the increased consumption of China. The economy in China is expanding exponentially also helping to push up the price of crude.
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\"Nothing less than 8 cylinders will do\"
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Perhaps this will result in a decrease in the number of scrap cars that litter our countryside. I certainly hope so.
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L\'escargot by name, but not by nature.
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Why cant we ship them our mountain of scrap fridges?
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Anyone hear about the "entrepeneur" in Stoke on trent. He hired a huge wharehouse and set up a buisness collecting old fridges for about £5/10. Once the wharehouse was full to the brim he did the flit, must have made thousands and last I heard he had'nt been traced.
Oh, and he collected the old fridges in a transit (probably) hence the motoring link.
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The price of scrap metal has made collecting and reclycling old cars economicaly viable again. Does this mean that if prices fall again then we will return to what happened a couple of years ago when cars were being abandoned everywhere?
the last abbandoned cars I saw were brit registered K plate sierra and M/N astra estates in Gyvelde near Calais on the way to the "tobacco mile" in Belgium. Still there a month later, I think the cost of recovering them to britain would have been more than they are worth hence left at the side of the road where they broke down. Wonder how they got home?
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Scrapped a Volvo 240 recently and got 30 quid for it. Needed to provide the V5 though.
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Explains the mounting crime of nicking drain covers etc from roads.
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Explains the mounting crime of nicking drain covers etc from roads.
I tried to lift one a while ago (for legit reasons I might add). How on earth they could get them up is unreal!
It must have been about 4 inches thick!
The rising prices remind me of a motoring supplement from a mag I read. After World War II steel was strictly rationed and companies were awarded steel on the basis of their exports. UK needed exports to sustain an economic recovery. This hit the Wilks bros who owned Rover at the time, as they wanted to launch the Landrover. The needed 5000 tonnes of steel but were only awarded some 1500. So what did they do???
They used aluminium for the bodyshell! And continued to do so until today.
Infact because the Land Rover was so successful in gaining exports, the company managed to secure much more steel to underpin production of their other vehicles.
It seems strange that aluminium is now worth some 10 times that of steel.
Hugo
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>>I tried to lift one a while ago (for legit reasons I might add). How on earth they could get them up is unreal!
Usually in two halves..Takes 2 to lift one side..weight I think around 1/2 hundred weight each side.
I noticed a scrap lorry about today. First I have seen for ages..so if you leave your old scrap out front scrappys may take before council now.
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Steve
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According to todays Times, Nissan in Japan are going to have to shut production in the last weeks of the year, and loose 30k vehicles due to a shortage of steel.
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a scrap metal dealer is advertising on regional television in aberdeen .scrap value must be going to increase again.
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I know someone who got £100 for a written-off Saxo that was involved in a heavy front end collision. Made me look silly for suggesting that they would be lucky to get half that and would probably have to pay for it to be taken away.
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Trancer..would suspect it was wanted for parts..scrap value is not that high Yet?
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Steve
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HJ
IIRC this was overcome when the large metal recyclers and breakers got together and stopped accepting cars, thereby putting pressure on the government to reclassify certain types of waste from Hazardous to Inert. I may be wrong, it has been known, ask PU!
I don't think a 36% rise in scrap steel prices would have overcome that particular problem.
Hugo
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