FERROUS SCRAP METAL PRICES/UPDATED 2-11-2010                     

                                                         Price per gross ton (2240lbs) per ton

                                    (DELIVERED to) STEEL MILL PRICE (midwest region)        IRON MIKE Market Price          Change

# 1 Busheling ................................................................$  410.00                              $ 364.00                  up $ 17.50

# 1 Baling.......................................................................$  380.00                              $ 330.00                  up $ 15.00

# 2 Baling.......................................................................$  340.00                              $ 300.00                  up $ 18.00

Plate and Structural 2'x4' (prepared)..........................$  342.00                              $ 305.00                  up $    2.50

Plate and Structural (unprepared)...............................$   N/A                                   $ 275.00                  up $ 30.00

Heavy melt (HMS prepared)........................................$  315.00                              $ 270.00                  up $ 25.00

Heavy melt (unprepared)..............................................$   N/A                                  $ 245.00                   up $ 25.00

Autos (must have legal title).........................................$   N/A                                  $ 245.00                   up $ 20.00

Auto Cast.......................................................................$  305.00                             $ 280.00                   up $ 25.00

Yard cast (high phos.-breakable)................................$  270.00                             $ 240.00                   up $ 25.00

Sheet Iron.......................................................................$   N/A                                 $ 220.00                   up $ 15.00

#1Shredder Scrap (frag)..............................................$  338.00                             $ 300.00                  dn- $    7.50

Engine blocks (clean)...................................................$  call

Engine Blocks (dirty)....................................................$  call

Punchings......................................................................$   call

Turnings.........................................................................$   call

Borings..........................................................................$   call

Alum.bearing steel (smelter ready)............................$    N/A                                   $      .18lb

Forklift Scrap*...............................................................$    N/A                                  $ 150.00

Racks and bins.............................................................$   N/A                                   $  200.00                     up $ 10.00

The prices listed above can change without notice.
The prices DO NOT include deductions for transporting, sorting, loading, operating equipment,
commisions paid to Iron Mike Metals and or a % of gross sale, proceeds or material,
paid to broker. 

To lock in a price please call 1-877-IRONMIKE or
E-mail your request to:877ironmike@sbcglobal.net   IRON MIKE METALS grading-weights and adjustments will govern.

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