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Joseph Simon dominates local Boeing aluminium scrap sale

Thursday, Dec 28, 2006
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Joseph Simon & Sons was the successful bidder for three out of five first-quarter 2007 scrap lots offered by Boeing's Washington facilities. This offering was described by a Boeing spokeswoman as a more "local" offering than the larger 11-lot quarterly scrap sale.

The winning bidders and their bids were as follows: Schnitzer Steel bid $135.90/gross ton for 500 GT of light iron at various Puget Sound locations; Joseph Simon & Sons bid $0.6329/lb for 125,000 lb of irony aluminium (aluminium scrap contaminated with no more than 30% iron) at various Puget Sound locations and $0.6311/lb for 200,000 lb of clean aluminium chips at Kent, Washington; South Sound Steel & Recycling bid $0.901/lb for 320,000 lb of mixed aluminium solids up to 50-feet long at Auburn and Fredrickson, Washington; and Joseph Simon & Sons bid $0.6311/lb for an undetermined amount of loose aluminium borings at Auburn and Fredrickson.

The weights of the scrap offered are estimates based on how much scrap was generated during the period of August 15 through November 15.

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