Not so precious but still...

[FrugalEE]

I'm still looking for some one to comment on their experience at selling some nickel scrap. What categorie it went in as and what they got for it?

Any scrap dealers out there that can tell me how they handle nickel?

FrugalEE

 

[qst42know]

The most common source of nickel bearing scrap is non magnetic stainless.

What sort of material do you have?

 

[FrugalEE]

qst,

I don't really have any nickel except for a few pieces of stainless I'm saving as they might be useful for plating electrodes. I'm just curious as to how the scrap market handles nickel. Actually I'm also curious about stainless as I found some pieces this summer that were a bit rusty and only mildly magnetic. Some I just put in the 7 cent a pound general scrap metal, but I saved a couple out of curiosity. I'm guessing to get a stainless price it must not be rusty and must be completely non magnetic, but I don't know.

I made quite a few sales of Alum., copper, brass, and iron this summer cleaning up old dumps on my land.

FrugalEE

 

[qst42know]

The last time I turned in some scrap 300 series stainless it was $1.70 a pound, but that was a while ago.

 

[FrugalEE]

qst, Thanks and wow that's much higher than I would have thought. The key is they recognized it as a specific and valuable alloy and rewarded you accordingly.

Probably the biggest source of nickel out there for someone to scrap or refine are heating elements. I wonder if they are ever dealt with as a separate or valuable scrap.

FrugalEE

 

[martyn111]

Heating elements are separated where I sell my scrap. Not sold any for a while now and cannot remember what price was paid for them last time, but, I think it was similar to the price of copper.

 

[qst42know]

The quickest way to find out is call your local yard.

 

[goldsilverpro]

Maybe you should wait until you collect a ton of some high nickel scrap and then shop it around. Nothing is ever, ever, ever worth more than what you can sell it for. This is one of the rules of life.

 

[butcher]

''Nothing is ever, ever, ever worth more than what you can sell it for. This is one of the rules of life.''
:lol:
I guess wisdom does come with age.

 

[FrugalEE]

The local yards don't handle nickel except for stainless and they only offer $.65 per pound. I did find a specialist dealer for nickel on the internet and they offer $6.11 per pound for Nichrome which is 80% nickel and 20% chromium. They list pure nickel for $9.50. So there is at least a good market for nickel in WV. That satisfies my curiousity.

http://www.nialloys.com/nickel_alloy/scrap_metal/nickel_alloy.aspx

FrugalEE

 

[qst42know]

Does your local yard have any genuine independent competition? Not owned by the same family or corporation.

If your local yard has a monopoly position you may need to save up for a road trip to get a fair price.

 

[glorycloud]

Recent sale prices for scrap metal:

(811) pounds clean aluminum - $0.50 per pound
(104) pounds stainless steel - $0.60 per pound
(1,340) pounds steel scrap - $0.075 per pound ** EDITED **
(593) pounds of SLA batteries - $0.12 per pound
(???) #2 copper insulated wire - $1.00 per pound
(???) #2 clean copper - $2.00 per pound
(???) power supplies - $0.15 per pound
(???) scrap gold memory - $11.00 per pound
(250) scrap computer boards - $2.65 per pound

You may get better or worse at your scrap yard. Just FYI.

 

[Harold_V]

Recent sale prices for scrap metal:
(1,340) pounds steel scrap - $0.75 per pound

Is that a typo on the price of steel? Seems way too high. Did you mean 7.5¢/lb?

Harold

 

[glorycloud]

Yes sir, fat fingers I am afraid. It should be $0.075 per pound. 8)