Having a license for catalytics is incorrect, but often said by law enforcement. I've never had a license. been in operation of 16 years. The actual state law is if you own a brick and mortar business where you advertise buying non-ferrous metals, which includes converters, is you must follow a many guidelines for identification of the seller. The loophole I fall into is no brick and mortar- therefore I'm classified as mobile/wholesale.... and I have consulted with LEO on many occasions, from Raleigh to Asheville, concerning stolen converters, with nary a question of my business licensing. Most recycling yards just don't know enough about them nor want the hassle to figure them out. They want to buy your entire car with the converter/wheels/batteries included.
I've sold steel for $11/100lb in the last two weeks. Those copper prices pictured above are terrible. Morristown is a feeder yard, higher margin.
@1-tonmudder
Today, I can pay ;
Bare bright #1- 3.80
#1- 3.65
#2- 3.55
clean yellow brass- 2.20
clean brass radiators-1.90
aluminum wheels- 15.50 per rim, regardless of clean/dirty, chrome or clad. NO TIRES
lead batteries- $10 ea, or .27/lb.
Insulated copper- too many grades to list, but a damn sight better than pictured above!
Catalytic Converters are purchased by their respective part number. Every make/manufacturer has a part number stamped somewhere on the converter, with the exception of Honda, some Nissan, and some Mitsubishi- these are graded by photo ID of said cat. I have a digital catalog with over 10,000 part numbers with corresponding prices that is updated daily. Do not call and ask for a price by make and model. It's impossible for me to know which part number is on every converter. Send me the part number and a pic of the converter, and If you cannot find the part number I can tell you where to look for it on the body of the cat. My most recent 500 piece contracted sell was around $300 avg per, not including the aftermarket cats.
Many FB, Marketplace, Craigslists buyers/sellers are less than trustworthy. They jump in when the market is hot but do not know how to survive in a falling market. They were not around in 2008... Record platinum group metals pricing, record steel pricing, record coppers...Republican established market that Obama killed mid 2008... I keep telling people who are holding, today is near identical. Now even higher record Platinum group metals, record coppers as well. It might not be long before the Dem administration does it again... but I'm just a fabrimacator who buys and sells scrap (successfully for 16+ yrs), what do I know.