Given the current component shortage,
I'm interested to see what this auction lot ends up bringing. 66,000 pounds of once-fired 5.56 brass...
http://www.govliquidation.com/auction/view?auctionId=6119876&convertTo=USD
I guess it depends on who has deeper pockets....
The scrappers know how much they will make by weight. Hopefully a ammo re-manufacturer will have more cash to lay down.
I guess it depends on who has deeper pockets....
last I knew scrap value was somewhere above a dollar a pound. Value as 5.56 cases for reloading is several times that. I guess we'll find out just how many "several" is.
Given the current component shortage,
Looks like $1.47 a pound so far. The last of these I followed was for 9MM brass which went over $3/lb. Unless I'm mistaken Georgia Arms was the winner.