FAQs

What do I need to scrap this?

By |2018-03-26T16:07:49-04:00March 26th, 2018|

If you have never been to our yard before, we can quickly and easily get you setup in our computer system with a valid state ID. We will scan this and create a customer profile for you, which will store all of your information in our computer for future transactions. If you want to setup

Why am I signing this check?

By |2018-03-26T16:07:36-04:00March 26th, 2018|

Another aspect of our business that came along with the latest law regarding scrap metal companies, is the checks we issue. For every transaction involving non-ferrous metals over $50, we are required to issue payment through a traceable method of payment. The way we satisfy this need, is by issuing checks for ALL transactions over

Why do I have to give you my fingerprint?

By |2018-03-26T16:07:26-04:00March 26th, 2018|

With the increase of scrap metal thefts, the increased media coverage, and really major increase in scrutiny in our industry due to both of these factors – a fingerprint is required by law for every scrap metal sale. These fingerprints are digitally captured prior to any pay out at our stations, and is tied to

What are your hours?

By |2020-09-14T14:08:09-04:00March 26th, 2018|

We are open Monday through Saturday each week. During the week, we are open Monday through Friday from 8:30am to 5pm. We do ask that our customers arrive at our location at least 15-minutes prior to closing in order to get onto the scales. On Saturdays, our Mt. Clemens yard is open from 8:30am to

Am I going to get a 1099 from this?

By |2018-03-26T16:06:44-04:00March 26th, 2018|

Actually, not at all. As the current state and federal laws are, we are not required to report any income gained through scrap metal recycling to the IRS for tax purposes. It is the sole responsibility of each individual to include their income from scrap metal recycling into their own tax return. We can, however,

Can I get a copy of this price list?

By |2018-03-26T16:06:33-04:00March 26th, 2018|

Honestly, our employees are never allowed to distribute price lists. It is a common practice for scrappers to try and obtain price lists, and then take them to other various yards in an effort to haggle better pricing. Because pricing can often change daily, there is no guarantee the price list you are being presented

Why do you pay by the gross ton?

By |2018-03-26T16:06:21-04:00March 26th, 2018|

As all of our scrap steel eventually makes it’s way over to one of the various steel mills in the area, it’s easiest for us to handle all transactions in Gross Tons. It is an industry standard for all bulk steel weights be measured in Gross Tons, including all inbound purchases made by steel mills.

How do I convert gross tons to lbs?

By |2018-03-26T16:05:19-04:00March 26th, 2018|

Considering that a Gross Ton is 2,240 LBs to calculate how much our pricing is per pound, divide our current steel prices by 2240. For example, if our current Steel Shred price is $224 / Gross Ton, you would divide that by 2,240 to get .1 – or $0.10/LB. Also, you can take the number

I thought a ton was 2,000 lbs?

By |2018-03-26T16:08:13-04:00March 26th, 2018|

Well, yes and no. We weigh and pay our scrap steel based on a Gross Ton, which is 2,240 pounds, and often referred to as a Long Ton. The ton we learn about in school is actually a Net Ton, and is in fact 2,000 pounds. This is also commonly refers to as a Short

Why don’t you pay me more money?

By |2018-03-26T16:04:13-04:00March 26th, 2018|

Believe it or not, scrap metal values are determined globally by market conditions – not much unlike other commodities like gold or silver. The manufacturing sector has demands for raw metal products to supply their operations to make new products. This supply in turn has an effect on the demand for scrap metals to be