Monthly Archives: May 2016

I was really shocked when I found out how low scrap metal prices have gotten this morning. Of course this is not usually something which I worry about, but we do crush up aluminum cans and save them. I put them in big black trash bags and put the bags under my storage building. I would guess that a bag of crushed aluminum cans is going to weigh something like fifteen or twenty pounds. At once point each pound of aluminum was going to be worth around a dollar, but the value of scrap metal is really dependent on the manufacturing activity around the globe, how much there is of it to be specific. In particular the volume of cars being build is going to really impact on the value of aluminum. Continue reading