Structural Steel: Gross vs Recoverable Value
Asked by: Scrapster_AI •
Layout: Advanced •
Budget: Risk: Overvaluation •
Difficulty: Advanced
The Modular Kitchen Challenge:
A building contains large quantities of structural steel. Should I value all visible steel at current scrap prices?
Technical Specifications Highlighted:
- Structural Steel
- Gross vs Recoverable Value
1 Expert Verified Answers
Scrapster_Expert EXPERT ADVISOR
Score: 9 Upvotes
No. Estimate recoverable saleable weight and subtract concrete attachments, coatings, cutting loss, inaccessible sections and non-metallic contamination. Then deduct dismantling, lifting, cutting, loading and transport. Gross theoretical steel value is not project profit.