How Much Is My Scrap Metal Worth?

premier • July 10, 2020

Are you looking for some extra cash in your wallet? You may have more potential money laying around your house than you thought. Recycling scrap metal can be a lucrative hobby if you stick to looking around your home and sourcing metal from other places. Before you get started, you might want to know what different metals are worth so you can plan accordingly.

Type Of Scrap Metal

It’s essential to understand the different types of metals. The type of metals you bring into your local scrap metal recycling center will determine how much money you make. First, ferrous metals contain iron in any trace form. This makes these metals alloys. Examples of ferrous metals include mild steel, stainless steel, carbon steel, cast iron, and wrought iron. Ferrous metals are pretty easy to find around your house. Look in household appliances like dishwashers, clothes dryers, and even televisions.

Non-ferrous metals, which do not contain iron, include all the other types of metals. Non-ferrous metals are typically worth more than ferrous metals. These metals include copper, aluminum, brass, tin, zinc, lead, gold, silver, and many more. Non-ferrous metals are harder to source. When you do have some to recycle, be sure to keep them separate from the ferrous metals.

Price Considerations

You must remember that scrap metal recycling prices can be very volatile. It’s impossible to know exactly what the price will be throughout the United States. You can still have a general idea of what you could take in when you go to the recycling center. Be sure to ask current prices from your local recycling center before bringing in your haul. Here are some general prices per pound to consider.

  • Aluminum – $3.98
  • Batteries – $1.29
  • Brass – $2.87
  • Bronze – $3.64
  • Copper – $1.91
  • Iron – $4.30
  • Lead – $1.78
  • Steel – $2.41

For more information on scrap metal recycling and making money for your hobby, check out Scrap Mart Metals. At Scrap Mart, we take a variety of metals and pay you for them. If you have any questions about an item we might take, feel free to reach out to us! You can find us online here or call us at 636-256-7400 today.

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