How much is scrap steel worth today? | TigerDroppings.com

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CITWTT
LSU Fan
baton rouge
Member since Sep 2005
31765 posts

How much is scrap steel worth today?


Americas first nuclear powered air craft carrier was auctioned off two days ago for a penny. Do you think the company will not make money back on the investment?






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dante
LSU Fan
Kingwood, TX
Member since Mar 2006
7468 posts

re: How much is scrap steel worth today?


Was it a no-bid contract?





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CITWTT
LSU Fan
baton rouge
Member since Sep 2005
31765 posts

re: How much is scrap steel worth today?


Highest bidder.





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white perch
LSU Fan
the bright, happy side of hell
Member since Apr 2012
2619 posts

re: How much is scrap steel worth today?


You mean I coulda put down like a nickel and come away with a bad arse offshore fishing rig

Damn

Was this advertised in the paper?

Prolly could catch the hell out some specks in that bad boy







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C
LSU Fan
The Woodlands, TX
Member since Dec 2007
21107 posts

re: How much is scrap steel worth today?


quote:

Do you think the company will not make money back on the investment?


Should they be barred from making money off the investment?






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TrueTiger
LSU Fan
Chicken's most valuable
Member since Sep 2004
9960 posts

re: How much is scrap steel worth today?


I think that the company had to factor in the cost of towing it to Texas. After that was done it was worth nearly zero to them, hence the penny.





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Homesick Tiger
LSU Fan
Greenbrier, AR
Member since Nov 2006
13411 posts

re: How much is scrap steel worth today?


quote:

Do you think the company will not make money back on the investment?


Depends on how much the government charges them to move the ship over private US waters to get to the scrap yard. I would have put a behind the last sentence but there might just be some truth to it so I'll go with a






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dante
LSU Fan
Kingwood, TX
Member since Mar 2006
7468 posts

re: How much is scrap steel worth today?


quote:

Highest bidder.
You mean only bidder, or did someone bid $.009.






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CarrolltonTiger
LSU Fan
New Orleans
Member since Aug 2005
46291 posts

re: How much is scrap steel worth today?





AUCTION

quote:

Was it a no-bid contract?



WTF?






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CITWTT
LSU Fan
baton rouge
Member since Sep 2005
31765 posts

re: How much is scrap steel worth today?


Only bid received was for .01.





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CajunAngele
LSU Fan
Member since Oct 2012
11168 posts

re: How much is scrap steel worth today?


quote:

You mean I coulda put down like a nickel and come away with a bad arse offshore fishing rig








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CITWTT
LSU Fan
baton rouge
Member since Sep 2005
31765 posts

re: How much is scrap steel worth today?


It will sleep @5,000 but the galleys might be in need of an upgrade.





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LongueCarabine
LSU Fan
Pointe Aux Pins, LA
Member since Jan 2011
1826 posts

re: How much is scrap steel worth today?


quote:

Depends on how much the government charges them to move the ship over private US waters to get to the scrap yard.


More like how much it's going to cost to ensure compliance with hazardous material removal so that they can sell the steel the ship is made of.

It's going to cost a shite ton of money. Hope they can make a little coin on the deal.

LC






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StrangeBrew
LSU Fan
Salvation Army-Thanks Obama
Member since May 2009
13458 posts

re: How much is scrap steel worth today?


quote:

More like how much it's going to cost to ensure compliance with hazardous material removal so that they can sell the steel the ship is made of.
quote:

LC


Are you implying there is nuclear waste on board?






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vegas-tiger
LSU Fan
NV desert
Member since Dec 2003
1816 posts

re: How much is scrap steel worth today?


USS Firestall is NOT a nuke boat. It is nicknamed the Firestall due to Firestall

ETA: If you watch the video, the pilot jumping out of a plane is John Mcain. Also notice, a bomb dropped from his plane, before he jumped.



This post was edited on 10/26 at 3:00 am


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NHTIGER
LSU Fan
Central New Hampshire
Member since Nov 2003
9114 posts
 Online 

re: How much is scrap steel worth today?


quote:

mericas first nuclear powered air craft carrier was auctioned off two days ago for a penny.


The Navy paid the buyer the penny, not the other way around.






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germandawg
Member since Sep 2012
2718 posts

re: How much is scrap steel worth today?


quote:

Americas first nuclear powered air craft carrier was auctioned off two days ago for a penny. Do you think the company will not make money back on the investment?


Steel is pretty high but I wouldn't bet on it...the amount of toxic waste on board an aircraft carrier would probably boggle the mind. There may be plans for it otherwise. I know the carrier in Charleston is a HUGE whit elephant....it is a popular visitor site but when I lived there it was a constant drain on the state and local budget because the maintenance on it was a NIGHTMARE....as is the case with a 10 foot jon boat or a 1500 long aircraft carrier...

I brokered a deal on a desalination plant in the Bahamas about 20 years ago and the initial plans of the buyer was to scrap it (bunch of steel). They were ECSTATIC when they found that the design drawings (designed by an engineering firm in Isreal) had listed the tubes in the RO section as being aluminum when in fact it was nickel....they made a butt load of money. There is a lot of money to be made in trash but you gotta watch that haz waste.....and Government auctions are NOTORIOUS for including haz waste in lots that would seem safe....






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