Scrap price at 10 year high.

"If you ve been hoarding scrap,or just hoping to get your money back on a hopeless project. Had a visit today from a buyer,he offered me $300 a ton for heavy,maybe better next week if the dollar falls further.All the old machine tools will be going......Landis ,Cincinnatti,Asquith,Lang,...even the big Repco Power crankshaft grinder..Time to let go and cash out."

Noticed this post this morning on the HCVC forum. Don't know anything about the machinery or the poster except I think from around the Brisbane area.

Read the full thread at