Lead Price Dropping Wahooo!!

[lwknight]

Back when lead got aroun $1.10 per pound scrappers were paying $0.85
It got down to about $0.90 and I had to pay $0.80 for a barrel of WWs that turned out to have 480 pounds linotype in it with my 600 pounds of WWs.

Today lead is down to $0.71 and may drop more.
If it turns out that scrap lead can be bought under sixty cents per pound , I'm going to try to get about a ton of it.

I just wonder ,... what if it goes down to $0.50 per poung? Can we buy scrap fot $0.40 maybe?

[warf73]

I hope it gets under .50 lbs. the last time I bought lead I gave .50 lbs for pure lead.

[tepeecreeper]

Auctions around Indiana have been avg. .50lb. One estate had 2000lbs most had midway usa stickers attached, sold .55 hundred lb lots. Estate sale yesterday, bought 140lb pure with 5lb pure tin bars $70. Then resale guys showed up and th party was on. Price skyed to over $1 lb. Also picked up like new mag 20 furnance,$100, I'm happy.

[fredj338]

It's all very location specific. The biggest issue w/ buying scrap ww is are you really getting lead or zinc & lead?

[lwknight]

The market price is global but , the opinion of local ignorance varies.