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.
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. Below are the latest scrap metal prices per lb.
USA SCRAP METAL PRICES. #1 Copper Wire and Tubing2.8802.8602.910 #1 Insulated Copper Wire 85% Recovery1.7901.7801.800 #2 Copper Wire and Tubing2.7802.7502.810 #2 Insulated Copper Wire 50% Recovery1.0601.0501.070 #3 Copper - Light Copper2.6802.6502.710 Copper Radiators1.4501.4401.450 Copper Transformer Scrap0.4100.4000.410 Cu...
Right now demand for metal is low and supply is high. That means prices are low. In fact, the price of steel has fallen from $480 per ton in February 2015 to $50 in early 2016. You can see the precipitous drop in prices in this chart from Quandl:
70/30 Brass Scrap. Per pound: $1.54; Per ton: About $3,000; 80/20 Brass Scrap. Per pound: $1.75; Per ton: About $3,500; 85/15 Brass Scrap. Per pound: $1.91; Per ton: About $3,800; Bronze. Identifying Markers: The color of bronze is a dull gold color. You can tell the difference between bronze and brass by the faint rings visible on the surface of bronze.
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