Thursday, November 8, 2007

Hot Items for Thieves: Recyclables

Interesting article in the New York Times.
Scrap metal, like the bed frame taken by Mr. Bosque, can be sold for up to $250 a ton, five times the price of a decade ago, according to a widely recognized index of commodity prices published by Waste News, a trade publication. Bundled paper or cardboard, the most commonly stolen of New York’s recyclables, can bring in $90 to $120 a ton, more than double what the city receives under long-term contracts with its own brokers and processors.