Price of old iron. Scrap iron quotation

PRICE OF OLD IRON PER KG.

The slang term "old iron" it is usually used by private citizens referring to two categories that we find commercially under the nomenclatures of: "Collection iron" and "mixed metals".

The expression "old iron scrap" usually refers to accumulations of carbon steel of mixed alloys or accumulations of mixed metals with a prevalence of carbon steel.

So let's start by determining that the price of old iron does not exist, but the price of the different categories of carbon steel or mixed metals does exist.

The main commercial categories of scrap iron (carbon steel) are:

"As can be seen from this nomenclature, within the iron market there is also cast iron and everything that revolves around the car demolition market."

The price of iron is based on the key factors with which the value of other metals is also decided,
but in this case the trends in the real estate and metalworking economy have a greater impact.

Steel mills create semi-finished and finished products such as coils, billets, wire rods, pipes and plates which are purchased by the manufacturing and construction industries, so if consumption in these two sectors is high and there is demand, then the price of iron of recovery goes up, otherwise goes down.

RECOVERY INDUSTRY

FOUNDRIES AND DISTRIBUTORS

MANUFACTURING INDUSTRY

Much of the value of iron scrap is determined by consumption trends in the real estate and engineering sectors.

The other factors that determine the value of iron recovery or what is mistakenly called old iron are:

- the thickness of the material;
- the uniformity of the material of the entire load;
- the quantity available;
- shearing.

Material thickness of the scrap iron.

Fundamental to determine the price as it helps to determine the quality of the casting.

Material uniformity.

Determine the price as it contributes to increase or decrease the steps necessary to arrive at the foundry with one of the homogeneous loads of iron scrap by chemical and commercial type.

If a load of material is already homogeneous, this must not be discharged, sectioned and accumulated with other material, thus avoiding many transport, labor and storage costs, so you can ask for a higher price.

Amount.

It also affects the selling price due to the fact that small amounts they must be collected several times, thus increasing the costs of transport, loading-unloading and storage.

Full truck loads, from 15 tons upwards, help to reduce trips and therefore costs.

Again, if the amount of scrap iron that you own is high you can ask for a higher price.

for very small quantities, depending on how the market fluctuates, it can also happen that the cost of collection and transport is greater than the value of the goods themselves.

shearing.

It's a fundamental aspect which divides iron scrap into two macro categories, which are iron scrap "Ready oven" from what it is not.

The material cut short, less than one and a half meters has a higher market price because the cost of shearing has already been incurred.

Plus the scrap the more it is cut into short pieces, the less volume it creates and therefore they can be loaded more tons on the same truck, reducing transport cost per ton.

The MercatoMetalli.com marketplace platform and its team of experts help to buy and sell iron scrap for all Italian provinces, starting from a minimum of 5 tons.

PURCHASE AND DIRECT SALE

WHETHER YOU ARE A MANUFACTURING COMPANY MANUFACTURING WASTE OR A METAL RECOVERY COMPANY, WE PROVIDE OUR COMMERCIAL NETWORK FOR THE COLLECTION AND SALE OF YOUR MATERIAL IN ALL THE PROVINCES OF ITALY

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