How much are coils worth?

They're pretty cheap, as products hauled by truck go. Some of them aren't even worth $5000. Some companies even pay more to ship the stupid thing than it's actually worth. Not that it isn't worth it to pull one out (some of them can be really expensive if they're a finished metal or something), just that it sometimes isn't possible. There isn't much equipment that can pull a 50,000 pound coil out of a ditch that easily. A lot of times, they just let 'em rot. I think there's still one in the dirt near a ramp in Akron, OH where I saw the whole thing closed down so they could pull the truck out three years ago. They're just heavy and hard to get out and the cost of a crane that could do it is probably way more than it's worth.

 

There is a huge paper roll on I77 s in VA near mm 3 or 4 in the middle, you have to look hard to see it!! just fyi…….

 

That thing would be easy to lift out of the ditch with a rotator rig. The one O'Hare towing in Chicago towed my broke down dump back in November and that guy said the rotator he operates is setup for 60 tons. That coil is probably just trashed and was covered in snow so they decided to wait for the thaw. It will be gone here soon.

 

Scrap steel is way up. Almost $400/metric ton

 

I've always wondered this as well, what does a 45K coil cost?

 

Just called about automobile scrap yesterday, $11.25 per hundred -- 50,000lb coil =$5625.00 worth of scrap.

 

New, coming out of the mill with certs, a plate coil would probably be around $50K. Automotive grade sheet metal would probably be $100K.

 

Most rotator tow trucks would be able to get that out as someone mentioned above..One we had where I used to work was just a little guy and it was a 40 ton. Could pick up rigs and trailers like nothing..