Scrap Metal Prices per Pound
| Metal | Price Per Pound |
|---|---|
| Aluminum | $0.94 |
| Aluminum Alloy | $0.65 |
| Copper | $3.37 |
| Brass | $2.59 |
| Lead | $0.94 |
| Nickel | $7.81 |
| Tin | $10.25 |
| Zinc | $1.06 |
| Steel Scrap | $0.16 |
| Steel Rebar | $0.24 |
Scrap Aluminum Prices per Pound
| Metal | Price Per Pound |
|---|---|
| Aluminum 1100 | $0.65 |
| Aluminum 3003 | $0.65 |
| Aluminum 356 Wheels (clean) | $0.65 |
| Aluminum 356 Wheels (dirty) | $0.46 |
| Aluminum 5052 Scrap | $0.88 |
| Aluminum 6061 Extrusions | $0.58 |
| Aluminum 6063 Extrusions | $0.76 |
| Aluminum 6063 Extrusions/Fe | $0.56 |
| Aluminum/Cu Radiators | $1.53 |
| Aluminum/Cu/Fe Radiators | $1.42 |
| Aluminum Radiators | $0.37 |
| Aluminum/Fe Radiators | $0.27 |
| Transformers | $0.16 |
| Breakage 50% Recovery | $0.21 |
| Chrome Wheels | $0.61 |
| E.C. Wire | $1.01 |
| Litho Sheets | $0.65 |
| Mixed Turnings | $0.38 |
| MLC Clips | $0.64 |
| Aluminum Old Cast | $0.62 |
| Aluminum Old Sheet | $0.61 |
| Painted Siding | $0.60 |
| UBC | $0.64 |
| Zorba 90% NF | $0.61 |
| Aluminum Cans (clean) | $0.47 |
| Aluminum Cans (dirty) | $0.24 |
Scrap Brass Prices per Pound
| Metal | Price Per Pound |
|---|---|
| Red Brass | $1.76 |
| Yellow Brass | $1.66 |
| Brass Rod | $1.62 |
| Brass Hair Wire | $1.73 |
| Brass Pipe | $1.58 |
| Brass Radiators | $1.34 |
| Brass Shells | $1.49 |
| Brass Turnings | $1.52 |
| Bronze | $1.81 |
| Bronze Turnings | $0.95 |
| Dirty Brass | $0.79 |
| Dirty Brass Radiators | $0.79 |
| Plumbers Brass | $1.58 |
| Semi-Red Brass | $1.60 |
Scrap Copper Prices per Pound
| Metal | Price Per Pound |
|---|---|
| #1 Bare Bright Copper Wire | $2.96 |
| #1 Copper Tubing | $2.76 |
| #1 Flashing Copper | $2.76 |
| #2 Copper Tubing | $2.60 |
| #2/3 Mix Copper | $2.52 |
| #3 Copper with Tar | $2.36 |
| #3 Roofing Copper | $2.44 |
| Dirty Roofing Copper | $2.29 |
| Electric Motors — Copper | $2.05 |
| Enameled Copper | $2.32 |
| Insulated Copper Wire | $2.36 |
| Lead Coated Copper | $1.99 |
| Silver Plated Copper | $2.52 |
| Tin Coated Copper | $2.21 |
| Tin Insulated Copper Wire | $2.21 |
Scrap Lead Prices per Pound
| Metal | Price Per Pound |
|---|---|
| Lead Batteries | $0.20 |
| Lead Shot | $0.45 |
| Lead Wheel Weights | $0.28 |
| Solid Lead | $0.60 |
| Soft Lead | $0.61 |
Scrap Zinc Prices per Pound
| Metal | Price Per Pound |
|---|---|
| New Zinc Die Cast | $0.66 |
| Old Zinc Die Cast | $0.56 |
Scrap Gold Prices
| Metal | Price per Gram | Price per Troy Ounce |
|---|---|---|
| 9ct Gold | $20.21 | $628.58 |
| 14ct Gold | $31.53 | $980.59 |
| 18ct Gold | $40.42 | $1,257.17 |
| 22ct Gold | $49.37 | $1,535.43 |
| 24ct Gold | $53.89 | $1,676.06 |
Scrap Prices for other Precious Metals
| Metal | Price per Gram | Price per Troy Ounce |
|---|---|---|
| Palladium | $25.54 | $794.44 |
| Platinum | $19.12 | $594.80 |
| Silver | $0.53 | $16.43 |
Scrap Prices for Steel per Pound
| Metal | Price Per Pound |
|---|---|
| #1 Bundle | $0.09 |
| #1 Busheling | $0.09 |
| #1 HMS | $0.06 |
| HMS 80/20 | $0.05 |
| Sheet Metal | $0.05 |
| Shredded Auto Scrap | $0.07 |
| Structural Steel | $0.06 |
Scrap Prices for Stainless Steel per Pound
| Metal | Price Per Pound |
|---|---|
| 201 SS | $0.26 |
| 301 SS | $0.39 |
| 304 SS Solid | $0.56 |
| 304 SS Turning | $0.48 |
| 309 SS | $0.73 |
| 310 SS | $1.11 |
| 316 SS Solid | $0.73 |
| 330 SS | $1.81 |
Scrap Prices for other Ferrous Metals per Pound
| Metal | Price Per Pound |
|---|---|
| Scrap #1 Prepared | $0.07 |
| Scrap #2 Prepared | $0.08 |
| Scrap #1 Unprepared | $0.05 |
| Scrap #2 Unprepared | $0.06 |
| Scrap Auto Slabs Whole | $0.06 |
| Scrap Cast Iron | $0.09 |
| Scrap Dishwashers | $0.06 |
| Scrap Dryers | $0.06 |
| Scrap Oversize Torch | $0.08 |
| Scrap Rebar | $0.18 |
| Scrap Washing Machines | $0.06 |
| Scrap Water Heaters | $0.06 |
Legal Mandates Illinois
Updated January 2014
State Requirements
In order to sell scrap metal, sellers will be required to:
- Allow a copy of the seller’s a driver’s license or state ID card;
- Sign a statement indicating that they are the owner of or are authorized to sell the metal;
- Sign a statement that they have not been convicted of metal theft which includes the statement «I, the undersigned, affirm under penalty of law that the property that is subject to this transaction is not to the best of my knowledge stolen property.»
Buyer’s must:
- Keep a record of a time and date stamped photograph or video of the seller and the material being sold, which clearly shows the sellers face.
- Using an electronic record-keeping system:
- Record issuing state and license plate number of sellers vehicle used to transport scrap
- Keep a record of sellers name, address and date of sale
- All sales tickets must have location of sale, date and time of the sale, as well as the initials of the clerk completing the sale.
- Must also show the weight, description, quantity and/or volume of the material.
- Sales tickets must be signed by the seller. Seller will receive a copy of the receipt and buyer will retain a copy.
· Buyer must report purchased vehicle information to NMVTIS
NOTE: Please be aware of your local ordinances. Many cities and counties have additional ordinances that may not be listed here.
Keep records, certifications, registrations, photos, etc. on site for 3 years. Videos must be kept on file for not less than 30 days.
Scrap recyclers must maintain a record of all purchases for a minimum of three years and is subject to inspection by any law enforcement at any time.
While we found no tag-and-hold policy for Illinois, it is standard procedure to hold material for a minimum of 10 working days when notified by law enforcement to do so.
If purchasing a junk vehicle seller must have documentary proof of ownership of the vehicle, junk vehicle, or vehicle cowl in one of the following forms: a Certificate of Title, a Salvage Certificate, a Junking Certificate, a Secretary of State Junking Manifest, a Uniform Invoice, a Certificate of Purchase, or other similar documentary proof of ownership.
No scrap metal business may purchase or receive beer kegs from anyone except a distributor or manufacturer of beer kegs or licensed brewery.
In the State of Illinois it is unlawful to purchase 1) materials that are clearly marked as belonging to someone other than the seller; 2) properties knowingly belonging to governmental agencies or utilities (ex. Manhole covers, cable, guardrails, signs); 3) cemetery plaques or ornaments; or 4) catalytic converter (not in a vehicle at time of sale).
Purchase of air conditioners and or air conditioner coils or copper valued at more than $100 must be paid by non-transferrable check only which is made out to the seller.
Links to Other Important Information for Illinois Salvage/Recycling
Auto-Parts Salvage/Recycling
· Scrap Tires – http://www.epa.state.il.us/land/tires/program-activities.html
· Environmental Safety pertaining to junkyards — http://www.ilga.gov/legislation/ilcs/ilcs3.asp?ActID=1603&ChapterID=36
· Regulations for scrap yards and junkyards — http://www.ilga.gov/legislation/publicacts/fulltext.asp?Name=095-0253 and http://www.ilga.gov/legislation/97/HB/09700HB3825ham001.htm
http://www.ilga.gov/legislation/publicacts/fulltext.asp?Name=097-0923