Scrap Metal Prices Today

If you really think about it, mankind has always had a penchant for recycling. In the medieval times, people took stones from wrecked castles and churches to build their own homes. Blackmiths melted abandoned swords and armor to create new ones. Wood pieces from damaged ships are reused, and the same goes for their metallic counterparts.It’s much the same thing today with scrap metal.

When recycling is done properly, you essentially get the same metal as the virgin version you get from mines. A scrap yard can then sell their scrap by sorting out the metals first, and then selling the various distinct metals at current prices. They sell the metals by weight, and it’s not dependent on what it was used for before. Metal is Destined for the Scrap Heap Scrap metal pileCivilization has always had a scrap trade, and this particular industry can thrive through good times or bad. It’s a business that is founded on the principle that once a piece of metal exists, it will always exist. Even if iron rusts, the rust is still metal.

Some scrap dealers may collect the rust from sandblasted trains, and they can sell it to steel mills which will use it in the furnace charge.Metal items always have a lifespan in terms of usefulness. In the US, an average leaf blower can last for 3 years, while a lawnmower will last for 7 years. A car will last about a dozen years or so.

Scrap metal prices Arkansas USA Scrap Metal Prices vary from scrap yard to scrap yard in Arkansas. Fact is that Arkansas is a great city to find scrap yards that offer great scrap metal prices per Pound/ton. Many of Arkansas's 8.5 million population have got lots of scrap metals lying around and could net you quite a bit of cash when selling it.

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Scrap yards may have to wait 25 years for the steel in river barges to come to them, and 50 years for steel-truss bridges.It leads to a rather unsentimental outlook. It’s all about current usefulness and never about the memories. When the World Trade Center fell, it produced more than 100,000 tons of reusable high grade metals. In the South, the destruction wrought by Hurricane Katrina was a bonus for scrap dealers in the area. The destruction of the Iraqi military and infrastructure resulted in a great amount of scrap, and most of the metal is still there because the country imposed a scrap-export ban.

Unfortunately, they’ll have to rebuild the steel mills first, as looters tore them up to sell the materials for—what else—scrap metal. Price HistoryIn general, it’s always about supply and demand. However, scrapyards do have the additional responsibility of separating the metals before they’re recycled. Still, the price can differ widely depending on the location of the scrap yard and the prevailing prices of various metals.

Sometimes the price is also negotiated between the seller and the scrap yard.Some websites publish current scrap metal prices. One website offers prices for scrap copper, steel, aluminum and other metals. In some cases, the prices depend on the item the metal comes from. For aluminum, the price is different if it comes from extrusions, cans, siding, and wheels. Aluminum cans may only cost $0.33 a pound, while aluminum wheels may fetch up to $0.50 a pound.Steel is the most recycled material in the world, and more steel is recycled than all the other materials combined.

The 2012 estimate is that up to is recycled. Automobiles have a 92.5% recycling rate. It’s 90% for appliances, and 72% for steel packaging.For every 3 tons of new steel produced today, 2 tons are from old steel. This can be scrap resulting from the manufacturing process. Or it can be from steel products that are no longer used.

Environmental and Energy BenefitsWhen scrap metal is used instead of producing it from ores, you can get savings in a variety of ways. Recycling, when compared to producing new metal from mines, offers:. 97% reduction in mining wastes. 90% savings in the amount of raw materials used.

86% reduction in the air pollution produced. 76% reduction in the water pollution. 75% reduction in energy consumption. 40% savings in the amount of water used upAll these are significant savings. When recycling steel, you save 1,115 kg of iron ore, 625 kg of coal, and 53 kg of limestone from the current stockpiles. When you recycle a ton of aluminum, you save up to 5 tons of bauxite.You also get energy savings for various metals when you recycle. Your energy savings are 95% for aluminum, 85% for copper, 65% for lead, and 60% for zinc.

Tips for Selling Scrap MetalsThere are several ways you can make sure you get the best pricing for your scrap metal. One is to check around so you can get quotes from several buyers.You also need to separate the ferrous metals which contain iron from the non-ferrous metals. The non-ferrous metals may contain precious metals like gold, silver, and metals in the platinum group. Others may be exotic metals, although care must be taken for materials that may be radioactive.Whether you’re an ordinary consumer or a scrap yard owner, you have to do your part in recycling metal. It’s not just for the benefit of the environment and all mankind. It also puts extra dollars in your pocket!

Current Scrap Metal Prices.Prices Are Only For Reference/Market Conditions Only. Scrap Yards Are NOT Held To These Prices. Due to current market conditions, we suggest calling scrap yards for current prices.

Updated MetalAverage PriceDate Updated$1.80/lbUpdated $1.59/lbUpdated $1.49/lbUpdated $0.39/lbUpdated $0.95/lbUpdated $0.82/lbUpdated $0.10/lbUpdated $0.74/lbUpdated $0.73/lbUpdated $46.00/tonUpdated $82.00/tonUpdated $88.00/tonUpdated $105.00/tonUpdated $71.00/tonUpdated $84.00/tonUpdated $0.20/lbUpdated $0.20/lbUpdated $0.71/lbUpdated $0.20/lbUpdated $0.28/lbUpdated $0.20/lbUpdated $0.34/lbUpdated $0.08/lbUpdated $0.07/lbUpdated $0.18/lbUpdated $0.08/lbUpdated $0.14/lbUpdated $3.00/lbUpdated $0.30/lbUpdated $0.72/lbUpdated $0.10/lbUpdated $0.05/lbUpdated $0.11/lbUpdated. Scrap metal prices are constantly changing so the iScrap App National Prices is a great resource for you to see the trend of where scrap prices are heading. Depending on the different metals markets, some metals may be on the upward trend while others are on the downward trend. To better understand what affects the market, we suggest you read on how scrap prices are determined. If you want to contribute to our daily updated scrap prices, we suggest you report scrap prices for your local scrap yards.The scrap prices represented on the iScrap App are for reference only.

No scrap yards are held to these prices. We suggest calling a scrap yard you intend to sell metals to before going to get the most current, updated prices from them.