Ive seen that vid before... Anyway, any scrap yard I have cashed in at has thrown cast iron and steel in the same pile, at the pathetic price of any ferrous metal at the moment I am not surprised, last time I cashed in I got 4 cents per kilo for steel.
As the dollar drops though prices have been recovering, at the moment we are likely to pull 12c/kg on the next haul. I generally use steel as an alibi to get accses to the metal pile at the tip, what I haul out of there is generally worth a lot more than the pittance of metal I take in.
I havent traded scrap since I somewhat blew the gearbox and wore out the rings in my ute, (towing many cars 100's of kilometers will screw a 30 year old 4cyl japanese ute.) however we have purchased something much more powerful and comfortable than the old nissan and will be trading scrap again soon. Lets face it, metal is everywhere, its usually free and for the sake of piling it all in a ute and trailer its easy money.
