Scrap Metal Information Center
Everything you need to know about scrap metal recycling, pricing, identification, and market trends. Maximize your scrap metal value with expert knowledge.
Market Factors Affecting Prices
Understanding what drives scrap metal prices helps you make informed decisions
Global Demand
International markets, especially construction and manufacturing sectors, drive metal prices.
Supply & Inventory
Available supply and current inventory levels affect pricing in local and global markets.
Economic Conditions
GDP growth, inflation rates, and economic stability influence metal commodity prices.
Trade Policies
Tariffs, trade agreements, and international relations impact import/export pricing.
Metal Types & Current Pricing
Comprehensive guide to different metals and their current market values
Non-Ferrous Metals
Metals that do not contain iron and are generally more valuable.
Copper
$3.85/lbHighly valuable and infinitely recyclable. Found in electrical wiring, plumbing, and electronics.
Identification:
Reddish-brown color, malleable, good conductor
Common Grades:
Pro Tip:
Strip insulation to get higher prices. Clean copper brings premium rates.
Aluminum
$0.85/lbLightweight, corrosion-resistant, and 100% recyclable without quality loss.
Identification:
Light weight, silver color, non-magnetic
Common Grades:
Pro Tip:
Separate different grades. Remove steel attachments for better pricing.
Brass
$2.75/lbCopper-zinc alloy commonly found in plumbing fixtures and decorative items.
Identification:
Golden color, heavier than aluminum, non-magnetic
Common Grades:
Pro Tip:
Remove any steel components. Yellow brass typically brings higher prices.
Lead
$0.95/lbDense metal found in batteries, pipes, and radiation shielding.
Identification:
Very heavy, soft, bluish-gray color
Common Grades:
Pro Tip:
Handle with care due to toxicity. Batteries require special handling.
Ferrous Metals
Iron-containing metals that are magnetic and generally less valuable per pound.
Steel
$0.12/lbMost recycled material globally. Found in cars, appliances, and construction.
Identification:
Magnetic, various colors, can rust
Common Grades:
Pro Tip:
Remove non-metal attachments. Heavy steel brings better prices than light steel.
Stainless Steel
$0.65/lbCorrosion-resistant steel alloy used in appliances and food service.
Identification:
Shiny appearance, slightly magnetic or non-magnetic
Common Grades:
Pro Tip:
Test with magnet. 300 series (non-magnetic) brings higher prices.
Cast Iron
$0.08/lbHeavy iron used in engine blocks, pipes, and cookware.
Identification:
Very heavy, magnetic, often has casting marks
Common Grades:
Pro Tip:
Clean off any attachments or contamination for better pricing.
Factors Affecting Metal Grades & Pricing
Understanding how metals are graded can significantly impact your earnings
Cleanliness
Remove all non-metal attachments, paint, and contamination
Grade/Alloy
Different metal compositions have different values
Quantity
Larger quantities often receive better per-pound rates
Market Timing
Prices fluctuate daily based on commodity markets
Expert Tips for Maximum Value
Professional advice to help you get the most from your scrap metal
Preparation
- Sort metals by type and grade before bringing to yard
- Remove all non-metal attachments (plastic, rubber, etc.)
- Strip insulation from copper wire when profitable
- Clean metals to remove paint, grease, and debris
Identification
- Use a magnet to test for ferrous vs non-ferrous metals
- Check for manufacturer markings and alloy stamps
- Look for color variations and weight differences
- Ask scrap yard staff for help identifying unknown metals
Timing
- Monitor market prices and sell during peak periods
- Consider holding valuable metals during market lows
- Understand seasonal variations in demand
- Follow global economic news affecting metal markets
Safety
- Wear appropriate protective equipment when handling metals
- Be cautious with lead-containing materials
- Handle sharp edges and rusty materials carefully
- Know local regulations for hazardous materials
Price Disclaimer
Important: All prices listed are approximate and for informational purposes only. Actual scrap metal prices vary by location, market conditions, quantity, quality, and current commodity markets.
Prices can change multiple times per day based on global market conditions. Contact your local facility for current, accurate pricing before making any transactions.
Frequently Asked Questions
How often do scrap metal prices change?
Scrap metal prices can change daily or even multiple times per day, following global commodity markets. Major price movements often occur based on economic news, supply disruptions, or changes in demand.
What's the difference between clean and dirty metal?
Clean metal has been stripped of all non-metal attachments and contamination, while dirty metal contains paint, insulation, or other materials. Clean metal always brings significantly higher prices.
How can I identify unknown metals?
Use a magnet test first (ferrous vs. non-ferrous), then examine color, weight, and markings. When in doubt, bring samples to a scrap yard for professional identification.
What documentation do I need to sell scrap metal?
You'll need a valid photo ID and may need to provide proof of ownership for valuable materials. Some locations require thumbprints or signatures for transactions above certain amounts.
Ready to Get the Best Prices?
Use this knowledge to maximize your scrap metal value and start earning more today