Plate steel pricing ??

   / Plate steel pricing ?? #1  

nckubota

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Sep 26, 2005
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11
I have a 5' X 13'-10" X 1" piece of steel anyboby have an idea how much it is worth ??
 
   / Plate steel pricing ?? #3  
Construction road-plate?
 
   / Plate steel pricing ?? #4  
I'm paying 25 cents a pound for used steel at a local scrap yard when I need steel for a project. Naturally, the yard pays considerably less when they buy it.

So, you could do a quick calculation to determine how much it weighs to estimate its worth.

About 2800# is my guess
 
   / Plate steel pricing ?? #5  
As a full piece of plate, it could be worth more than scrap value to the right person. The problem is finding that right person:D
 
   / Plate steel pricing ?? #6  
I have a 5' X 13'-10" X 1" piece of steel anyboby have an idea how much it is worth ??

Surely, someone on TBN would buy it to make a heavy duty canopy for their entire CUT.
 
   / Plate steel pricing ??
  • Thread Starter
#7  
Thanks a bunch. I am sure it is worth more than scrap priice, which in out area is 5 cents a pound last load I took to the scrap yard. We have a machine shop locally that builds custom trailers, large truck beds/frames, fire escapes, bridges, etc. I think I will approach them about and see if there is any interest.
 
   / Plate steel pricing ?? #8  
There's a chance a machine shop or fabrication shop may want it, but not at full price IMHO, even at a discount I don't know if too many shops would want it.

That's a lot of steel to just have laying around waiting for an odd request. I have drawn machinery bases in the past that used comparable size steel plate--BUT I also specify what steel to use, whether its M1020 or A36 or something else. When I place an order with a machine shop, the shop is responsible for getting the proper steel, so they almost always then order it directly from a steel supplier. That way they are assured it is the proper steel, clean without a lot of rust, of known origin, and they don't carry a lot of unnecessary steel in their own inventory. Many shops now will have have their steel plate pre-cut to the exact size in advance, saves them time and money ( a steel supplier with a CNC plasma cutter or waterjet or other such cuttter can do it cheaper, faster).

edit: In fact, let me state a little more emphatically: NOBODY should take a piece of plate steel, from unknown origin, and use it on a critical item--like say a bridge, or a critical piece of machinery. They can't be assured of its metallurgy, or whether it's been damaged; fatigued, for example--or even struck by lightning. I saw an I beam that had been hit by lightning, it was now very brittle and useless for anything structural.

Sorry, I calls em as I sees em, ain't personal at all!
 
   / Plate steel pricing ??
  • Thread Starter
#9  
No problem and I agree totally, Who said anything about new prices ? I just hate to sell a chunk of steel like this for scrap, based on the prices I saw a smaller size would be over $2500.00. I just bought a piece of neighboring property that was owned by a small shop welder who passed away and this big chunk of steel is on the property we are trying to clean up (along with tractor/dozer/truck frames and parts and various metal odds and ends).

I would never suggest using this for something structural or load bearing in any way without knowing the type of steel it is. I am a licensed commercial and residential contractor and a licensed public utility water and sewer contractor so I am familiar with engineer specifications for structural steel. Thanks for your input.
 
   / Plate steel pricing ?? #10  
Just where are you located? If you were close by I could use something like that for a welding/work table.
 
   / Plate steel pricing ?? #11  
There's a chance a machine shop or fabrication shop may want it, but not at full price IMHO, even at a discount I don't know if too many shops would want it.

That's a lot of steel to just have laying around waiting for an odd request. I have drawn machinery bases in the past that used comparable size steel plate--BUT I also specify what steel to use, whether its M1020 or A36 or something else. When I place an order with a machine shop, the shop is responsible for getting the proper steel, so they almost always then order it directly from a steel supplier. That way they are assured it is the proper steel, clean without a lot of rust, of known origin, and they don't carry a lot of unnecessary steel in their own inventory. Many shops now will have have their steel plate pre-cut to the exact size in advance, saves them time and money ( a steel supplier with a CNC plasma cutter or waterjet or other such cuttter can do it cheaper, faster).

edit: In fact, let me state a little more emphatically: NOBODY should take a piece of plate steel, from unknown origin, and use it on a critical item--like say a bridge, or a critical piece of machinery. They can't be assured of its metallurgy, or whether it's been damaged; fatigued, for example--or even struck by lightning. I saw an I beam that had been hit by lightning, it was now very brittle and useless for anything structural.

Sorry, I calls em as I sees em, ain't personal at all!

People get bent easily around here.........
 
   / Plate steel pricing ?? #12  
try selling it to a company that does road construction. it sounds like, as already mentioned, it is a roadplate. and road plates are not "regulated" as they generally bridge very short spans, like 12" or less
 
   / Plate steel pricing ?? #13  
People get bent easily around here.........

Maybe so...but I'd have to agree with Bill_C's points

As for my personal experience....recently I've been working my own projects and I've seriously given up on "scrap steel" only because I can get brand NEW Steel for the same if not less money. Seems like the places that sell new steel have adjusted their prices accordingly and I pay "market value" and the scrappers still think its 2007-2008 when steel was more expensive then gold.
-Brand new steel...no rust, no paint, EXACTLY what I want/need loaded into the bed of my truck for less then the scrapper charges.

I guess what I'm saying is, figure out what a new piece would cost TODAY and slash that price.
 
   / Plate steel pricing ?? #14  
How could you make a price comparison on steel that you don't know where it is vs what it might be worth in my state ? It would make a great welding table. Who knows if it is super rusty or bent ? If it was left behind it kind of tells the story it isn't worth a ton of money. I only buy pieces that work for my particular project. Find the gold at the end of the rainbow... the one in a thousand that needs this particular piece and he may pay the premium price. Good luck !
 
   / Plate steel pricing ?? #15  
It seems to me that a plate of steel like that would have had limited original uses - most likely to cover a temporary hole in the road during construction / road repair. Therefore, I'd suggest talking to road contractors to see if they want to buy it - or buy it back, depending on where it came from. :D
 

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