How much is scrap metal worth in NJ?

Copper & Brass – Updated: August 30, 2021

What scrap metal can you get money for?

Many common metals — like copper, aluminum, brass, stainless steel, and bronze — are categorized as non-ferrous metals. These metals are very valuable to recycle and are worth more money at the scrap yard. Once you have your metals separated, search for a local scrap yard and call to see what metals they accept.

What is the best thing to scrap for money?

Ferrous

• Light steel & white goods. This includes any roofing iron, washing machines.
• Heavy Steel.
• Cast Iron.
• Specialty ferrous.
• Copper.
• Insulated cable.
• Electric motors.
• Nickel.

What is the current price per pound for scrap steel?

Ferrous scrap prices vary based on grade and quantity. Prepared steel scrap prices are around $490 per ton, cast iron scrap is around $400 per ton Clean copper scrap is worth at least $3.00 per pound. It may be possible to get prices near $3.50 per pound in some areas.

What is the price of scrap steel?

Iron and steel scrap prices in the United State came to around 266 U.S. dollars per metric ton in 2019. The majority of domestic steel industry scrap consumption is from manufacturers of pig iron

What is scrap steel worth?

Having these metals side by side gives you a chance to compare likely prices between the most common forms of junk metal. Iron – $0.04 or $0.05 a pound Lead – $0.08 to $0.15 per pound Steel Scrap – $0.10 to $0.16 per pound Stainless Steel – $0.15 to $0.35 per pound Brass – $0.22 to $0.90 per pound Aluminum Scrap w/some Steel – $0.40 to $0.55 per lb

What is scrap steel?

Iron and steel scrap is a vital raw material for the production of new steel and cast-iron products. The steelmaking and foundry industries in the United States are highly dependent upon the ready availability of scrap from manufacturing operations and from the recovery of products that are no longer used or needed.