ARCI 4 million float new contracts in 5 states The main revenue source fort ARCI is scrap metal recycling from appliances. Whats interesting: Its main competitor went bankrupt so it has been picking up huge volumes of new business. Just announced new contracts in 5 states. Only 5 million floats and $1.09, was over $3 a year ago Another low float scrap metal play, IDSA, went from $1 to $3 recently.