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Old 19-09-2014, 14:43   #1
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Salvage value of anchor chain?

I have roughly 240 ft of 5/16 anchor chain that I would really like to get regalvanized. Unfortunately, that may not be possible here in SW Fl and I may just have to buy new chain.

My question is there any salvage value if I sell it to a metal recycler? Anyone done that?

Rich
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Old 19-09-2014, 15:37   #2
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Re: Salvage value of anchor chain?

If you google "metal salvage" and your local town name you should find one. Call them and ask what they are paying for steel per pound or per ton.
You will then have to find the weight of your chain and do the math.
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Old 19-09-2014, 15:56   #3
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Re: Salvage value of anchor chain?

Rich,
Regalvanized my 5/16 BBB this Winter.

South Atlantic LLC | Service Galvanizing, Galvanized Steel Rebar, Masonry Products, Grounding Products Made in the USA

Near Tampa.

Frank
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Old 19-09-2014, 15:58   #4
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Re: Salvage value of anchor chain?

Depends on your chain, but 5/16 is usually close to (a little under) one pound/foot. So you probably have +/- 200 pounds. Where I live (opposite coast) all ferrous metal is pretty much 'no pay/no charge', which means you can dump it with the recyclers, but won't get anything for it. When things are really good you can get up to $0.10/pound.

Trying to convince a recycler that what you have is high quality steel deserving of respect and a decent price is a tough row to hoe unless you're a regular customer.
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Old 04-10-2014, 23:25   #5
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Re: Salvage value of anchor chain?

Provided it is not stretched or twisted, I'd put it on craigslist and ask $50-$150 for it depending on how much you like to haggle with people. I'd post it in the farm equipment section.
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Old 04-10-2014, 23:42   #6
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Re: Salvage value of anchor chain?

I'm sure there are some truckers that would love to have it for tying down some machinery on their truck.
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