We are in the Midwest.

Does anyone know the price range is of auto shred compared to HMS #1?

My thought was at looking at Hammel shredders that we could get a higher price because we could sell directly to a mill instead of to a shredder or the mills shredder. That would be a higher price per ton. I have seen that these shredders can run 25-35 cars per hour. I know this is less throughput then large shredders that do not move.

My thoughts were-
You could justify a shredder with less tons per month
It would be easier to get a loan on because it could be loaded on a trailer and moved and sold if needed.
It has a high enough throughput to be profitable
It has low operating costs when compared to a regular shredder
We could hire out our shredder in he early phases of operation to A. Other scrap yards & B. Other companies or municipalities that need a shredder. They are commonly used for shredding wood.

I didn't know magnets couldn't pick up cars, the shredder by me uses them to move cars. But from what some of you are saying a grapple is a must, thoughts on the magnet grapple combo?

My plan includes a yard that is next to a rail line so we would put in a spur. We would purchase scrap from haulers as well as smaller yards without shredders or rail lines. We would processes the scrap and ship it out on a train to get the best price. Our largest profit margin would obviously come from the scrap we buy from haulers and just use the scrap from other yards to keep us at a high throughput. We would be mainly ferrous with non-ferrous being secondary and from picking off what non-ferrous is on the ferrous.

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