goldsilverpro said:You might ask Metalor.
Topher_osAUrus said:goldsilverpro said:You might ask Metalor.
Their name sounds like a villain's from a marvel movie.
That may be why they don't have their terms listed on their website. :shock:
spaceships said:Topher_osAUrus said:goldsilverpro said:You might ask Metalor.
Their name sounds like a villain's from a marvel movie.
That may be why they don't have their terms listed on their website. :shock:
Because they deal with companies and offer different terms dependent upon the quantities they are taking in and the type of product. As 4metals said. You have to contact them to find out. If you're sending in a small amount why should they offer you the same terms someone who is sending them 1000 tonnes per month?
irvtemes said:I am tardy in replying to the prior posts , however, people should not assume what people have or what volume they do based on their questions. I have been in touch with Metalor in the past and they were not the most welcoming because the refiner I was using is one of their customers and they quoted me terms a little under what he alledgedly pays...............I am guessing they did not want to compete with their customer which is why they quoted what they did. At this time I was doing about 400-500K per month in jewelry scrap.
Like most other brokers like me my volume has reduced a lot due to market conditions to 100-150k per month in jewelry scrap which normally is 53-56% pure.........so also like a lot of other brokers I am looking at other avenues to increase my return...........so I guess the questions should have been----
1. Would Metalor accept a customer that has been in business since 1983 and currently only does 1.5-2.0
million a year in karat scrap.
2. I use three different refiners and they all pay about the same 99% on M&A on the gold and 90% on the
recovered silver, obviously these people call themselves refiners but they are really brokers that in all
probability sell to Metalor as well.............so the question is would I make more dealing directly with
Metalor (if my volume was acceptable to them) after their fees as compared to the terms I now have from
three sources at 99% of M&A, I am assuming the purity percentage will go up dealing with Metalor as will
the fees. I was hoping some members who have been in similar circumstances in the past could share their
experience.........thank you all who have replied in the past and reply to this post...Happy Holidays
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