Scrap Metal Prices Up… Along With Beer Keg Thefts

Beer makers are saying that when scrap metal prices go up, so do thefts of beer kegs. No big deal, you think? The Beer Institute (yes, this is real.) says kegs stolen and sold for scrap cost them up to $50 million dollars a year. “It really got people’s attention because that’s a significant flow of our kegs that we’ll never see again,” [a spokesperson] said. “We know some of it’s very innocent but some of it’s not.”

Beer kegs cost about $150 to replace, and can be sold at scrap yards for $15-$55. Bad consumers. Do not steal beer kegs.

Keg Thefts Rise With Scrap Metal Prices [Forbes]
(Photo: jchatoff)