Scrap pricing moves with the market and can be worth differing amounts of money at different times, mostly dependent on supply and demand for commodities, the value of the US Dollar, and influence of the economic conditions and other financial considerations.
In general, steel pricing is established monthly, based on the price we get from the steel mills and shredders that buy our scrap metal. Our pricing is always online at https://recycleyourmetal.com/sell-metal/. Outside of low-value wire steel can range between 7-15 cents per pound depending on market volatility.
Non-ferrous metal does not stick to a magnet and is worth more money per pound. Copper by grade can be worth up to four dollars per pound and can be extremely volatile, it has recently been as low as 1.50 per pound in 2009. Again, all metals vary and move in time, but aluminum extrusion has been valued between 60 cents and 1.00 per pound and stainless steel has generally been valued between 30-75 cents per pound recently.
On the lower end of non-ferrous metals, mixed aluminum can vary between 10-50 cents per pound based on non-aluminum content. Copper mixed with steel (electric motors, ballast, sealed units) generally can be valued between 5-20 cents per pound and lead-based car batteries can range between 10-15 cents per pound.
For industrial customers, Sahd Metal Recycling can build you a pricing formula that will automatically bounce with the market’s ups and downs. This transparent policy allows the customer to have the tools to always know what their scrap metal is worth.
Most local scrap metal dealers will all be within a general range of pricing at all times. Often the biggest differentiator to keep in mind is which companies are transparent with pricing and give all of the information upfront and easy to find.
At Sahd Metal Recycling our pricing is always posted on our website and inquiries for large quantities are entertained with a call or emailed pictures to dan@recycleyourmetal.com.