Scrap establishes minimum worth and the price of new pipe at the mill represents the opposite end of the spectrum. The mill price might be $900/ton or $0.45/lb ($12.85/ft using the same calculations).

A man who cut a gas pipe to sell for scrap, causing a blast in which a two-year-old boy died, has been jailed. Darren Greenham used an angle grinder to cut the pipe at his home on Mallowdale ...

A "neighbour from hell" who caused an explosion which killed a two-year-old boy after cutting a gas pipe to sell for scrap metal, has been jailed for 15 years. George Hinds died after 45-year-old ...