User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


71° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Homeowners Scrape Together Scrap Metal

May 23, 2012, 10:03 PM by Perry Groten

Homeowners Scrape Together Scrap Metal
SIOUX FALLS, SD -

For many homeowners, spring cleaning is ending with a trip to the scrap yard. 

High scrap metal prices, especially for copper, are allowing people to turn whatever's been lying around the house into a tidy little sum.
  
Lee Gerry is making some extra money by taking part in the heavy metal march into R & T Unit Can Company.

Gerry has cleaned out his garage and filled his pickup with a load of cans and copper.

"I stripped some fans for motors, battery chargers I stripped, anything I find," Gerry said.

Scrap metal is a source of quick cash in these lean times.

"The economy's been bad, which is good for us," R & T Unit Can Co. President Ron Nedved said.

Customers bring in all kinds of exotic items for recycling, from brass ornaments to golf pull-carts and everything else, even a kitchen sink.

"Just about everything you can think of, scoop shovels, aluminum wheels, copper, brass," Nedved said.

If it can be recycled, collectors will pay up.

"Aluminum cans are 55 cents a pound right now. Copper is the big dog right now, that's about $2.65 to $2.70," Nedved said.

Nedved pays on average, about $30 a load.  But Gerry's haul is a lot more, getting $99.15 for his load.

In the metal market, piles of money could be as close as the nearest scrap heap.

"Oh, I'm satisfied, it will go a ways," Gerry said.

Unfortunately, the European debt crisis is taking some of the luster off copper, with the price dropping as much as 30 cents a pound over the past two weeks.

Previous Story

Next Story


Comments





Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Baby Books Rental Car, Family Denied Refund

3/31/2015 11:28 AM

A Minnesota family can’t believe how a well-known company reacted after their baby made a costly computer mistake.

Full Story | Watch
Plans Released For Pump Park in Brookings

3/27/2015 4:51 PM

The same company that designs BMX bike tracks for the Olympics is coming to South Dakota to create Brookings' newest park.

Full Story
RibFest Announces Concert Headliners

3/30/2015 8:40 AM

Montgomery Gentry, Cheap Trick, Uncle Kracker and Warrant are scheduled to perform at the annual event from May 28 to May 31. 

Full Story
How Much Do You Take Home In Pay?

3/30/2015 9:45 AM

How much does making $50,000 a year differ from one state to another, once you figure in taxes and cost of living?

Full Story
80 MPH Interstate Speed Limit Starts This Week

3/30/2015 2:18 PM

One of the most talked-about-bills during this year's South Dakota legislative session is set to take effect on Wednesday.

Full Story


Events