Quote:
Originally Posted by john70t
About 60,000 tons
x 2,000lbs/ton
x Ongoing local rate of scrap steel
=Profit
--------------------------------
gross "Profit"
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-Inclusive associated labor costs....including overtime/benefits/medical/insurance/management
-Inclusive transportation
-EPA costs (and/or exemptions)
-Materials usage- such as equipment, electricity, and cutting gasses
-Other
-------------------------------
=net "Profit"
-------------------------------
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I get $150 a ton. Was told prices are going up tomorrow.
So about $9,000,000 as a base. There is also the copper and aluminum and any other recoverable materials (stainless, ect)