Scrap lead prices.......

[lwknight]

I talked with a sales rep from sullivan metels today about buying bulk lead and she told me that if I bought 40,000 pounds of lead pigs it would be $1.30 per pound.
The premium is about $0.25 and when had dropped temporarily a few months back that their cost did not actually go down much at all.

I know that some scrappers are paying $0.50 per pound.
clip-on Wheelweights have $0.30 per pound worth of antimony. If you can get WWs for 50 cents per lb , its a steal

[angus6]

I talked with a sales rep from sullivan metels today about buying bulk lead and she told me that if I bought 40,000 pounds of lead pigs it would be $1.30 per pound.

Ouch , around here the foundry cast 2/6 alloy is cheaper then that with only a $200 min. purchase , lead would a few cents lower yet

[Marlin Hunter]

I gave up on the scrap yards around here. They all want a 400% markup off what they pay for stuff and won't budge on price from my experience.

They wont budge now because of the economy. Gold, silver, brass, copper, lead, aluminum, etc..it don't matter, everything will go up.

[lwknight]

Ouch , around here the foundry cast 2/6 alloy is cheaper then that with only a $200 min. purchase , lead would a few cents lower yet

Eventually their supply will dry up. We had best stock up on any reasonable buys that you can get today.

I saw one commercial boolit casters website offering 92-2-6 for $1.67 or $1.57, can't remember. I'm betting that they will go up soon.

Todays NYMEX futures on lead is $1.06 and you always pay a premium from resellers who actually take delivery. Plus a premium for the distributer.

[angus6]

Not much worry about their supply drying up , just what the price is each month

[lwknight]

Well... I did mean that the supply of less expensive inventory...
Almost anything can be bought for the right price.
It very well may be that wise consumers of base metals actually used the futures market in the way that it was designed to be used and bought options at a strike of what was current market value a few months ago.

I'm sure that no one has unlimited options and supply.

[blaster]

My WW supplier just went under. I was in there picking up a load last week then poof drove by yester day and it was closed. Well the 6-700lbs I bought for $0.10 was a good run. That should last me long enough to find a new supplier at my leasure.