Browsing from:

Tech Steel & Materials

Contact Details:

Tech Steel & Materials

1180 Lincoln Ave.
Holbrook
NY
11741
United States of America

Tel: +1 631 685-2014
Fax: +1 631 218-0141

Send Enquiry | Company Information

Aircraft Carrier Sells for a Penny!!!!

Aircraft Carrier Sells for a Penny!!!!

Company News Tuesday, October 29, 2013: Tech Steel & Materials

Just recently the USS Forrestal sold for one cent in a bid for it to be scrapped. Yes I said 1 cent! If you do the math and figure out the scrap value of this ship, this sale shows the issues facing the economy of this country. The country wide average return for scrap metal is 33 cents a pound. The Forrestal class aircraft carrier weighs nearly 102,000 tons, or 204,000,000 pounds. At .33 cents a pound, the value of this ship just in standard metal scrap (not counting the higher grades of metals used in the manufacture of a ship of this type, coppers, Inconel and other corrosion resistant grades) the value is roughly $67,320,000.00 dollars.


http://en.wikipedia.org/wiki/1967_USS_Forrestal_fire

  The questions this leaves me to ask are, why didn’t the US government sell this for greater value and where can I get on the list to buy the next aircraft carrier going up for scrap?

 
http://en.wikipedia.org/wiki/Scrap

Had I known about this offering, I’d have paid at least a dollar for the whole ship!

http://www.cnn.com/2013/10/23/us/gallery/uss-forrestal/index.html?hpt=hp_c3