Indiana scrap metal prices

State

Scrap Metal Prices per Pound

MetalPrice Per Pound
Aluminum$0.91
Aluminum Alloy$0.63
Copper$3.24
Brass$2.48
Lead$0.91
Nickel$7.50
Tin$9.84
Zinc$1.02
Steel Scrap$0.15
Steel Rebar$0.23

Scrap Aluminum Prices per Pound

MetalPrice Per Pound
Aluminum 1100$0.63
Aluminum 3003$0.63
Aluminum 356 Wheels (clean)$0.63
Aluminum 356 Wheels (dirty)$0.44
Aluminum 5052 Scrap$0.84
Aluminum 6061 Extrusions$0.55
Aluminum 6063 Extrusions$0.73
Aluminum 6063 Extrusions/Fe$0.54
Aluminum/Cu Radiators$1.47
Aluminum/Cu/Fe Radiators$1.36
Aluminum Radiators$0.35
Aluminum/Fe Radiators$0.26
Transformers$0.15
Breakage 50% Recovery$0.20
Chrome Wheels$0.59
E.C. Wire$0.97
Litho Sheets$0.63
Mixed Turnings$0.36
MLC Clips$0.62
Aluminum Old Cast$0.60
Aluminum Old Sheet$0.59
Painted Siding$0.58
UBC$0.62
Zorba 90% NF$0.59
Aluminum Cans (clean)$0.45
Aluminum Cans (dirty)$0.23

Scrap Brass Prices per Pound

MetalPrice Per Pound
Red Brass$1.69
Yellow Brass$1.59
Brass Rod$1.55
Brass Hair Wire$1.67
Brass Pipe$1.51
Brass Radiators$1.29
Brass Shells$1.43
Brass Turnings$1.46
Bronze$1.74
Bronze Turnings$0.91
Dirty Brass$0.76
Dirty Brass Radiators$0.76
Plumbers Brass$1.51
Semi-Red Brass$1.54

Scrap Copper Prices per Pound

MetalPrice Per Pound
#1 Bare Bright Copper Wire$2.84
#1 Copper Tubing$2.65
#1 Flashing Copper$2.65
#2 Copper Tubing$2.50
#2/3 Mix Copper$2.42
#3 Copper with Tar$2.27
#3 Roofing Copper$2.35
Dirty Roofing Copper$2.20
Electric Motors – Copper$1.97
Enameled Copper$2.23
Insulated Copper Wire$2.27
Lead Coated Copper$1.92
Silver Plated Copper$2.42
Tin Coated Copper$2.12
Tin Insulated Copper Wire$2.12

Scrap Lead Prices per Pound

MetalPrice Per Pound
Lead Batteries$0.19
Lead Shot$0.43
Lead Wheel Weights$0.27
Solid Lead$0.57
Soft Lead$0.59

Scrap Zinc Prices per Pound

MetalPrice Per Pound
New Zinc Die Cast$0.63
Old Zinc Die Cast$0.54

Scrap Gold Prices

MetalPrice per GramPrice per Troy Ounce
9ct Gold$19.42$603.92
14ct Gold$30.29$942.11
18ct Gold$38.83$1,207.84
22ct Gold$47.43$1,475.19
24ct Gold$51.77$1,610.29

Scrap Prices for other Precious Metals

MetalPrice per GramPrice per Troy Ounce
Palladium$24.54$763.27
Platinum$18.37$571.46
Silver$0.51$15.78

Scrap Prices for Steel per Pound

MetalPrice Per Pound
#1 Bundle$0.08
#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

MetalPrice Per Pound
201 SS$0.25
301 SS$0.38
304 SS Solid$0.54
304 SS Turning$0.46
309 SS$0.70
310 SS$1.06
316 SS Solid$0.70
330 SS$1.73

Scrap Prices for other Ferrous Metals per Pound

MetalPrice Per Pound
Scrap #1 Prepared$0.07
Scrap #2 Prepared$0.07
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 Indiana

Updated: January 2014

**Changes effective 1/1/2014

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 (obtained at the first sale, all other sales can reference license/ID on file)
  • 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:

  • 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
  • A video or photograph of the seller and the material being sold.
  • All sales tickets must have:
    • Name and address of dealer;
      •  Date and time and place of sale, as well as the initials of the clerk completing the sale.
    • Must have a description of the material, show the weight, quantity and/or volume of the material.
    • Must have price paid for the metal.
    • Description of the source of the metal (where the metal was obtained).
    • 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

         ·            Tag and hold policies are in effect for a minimum of 5 days.

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, etc. on site for 2 years. 

Scrap recyclers must maintain a record of all purchases for a minimum of two years and is subject to inspection by any law enforcement at any time. There is a tag-and-hold policy on all material for a minimum of 5 working days when notified by law enforcement to do so.

No scrap metal business may purchase or receive beer kegs from anyone except a distributor or manufacturer of beer kegs or licensed brewery.

***It is unlawful to purchase air conditioner coils from anyone who cannot show that they are licensed to receive/sell such material. (Entire window air conditioning units are exempt from this rule.)

***It is unlawful to purchase catalytic converters unless they are part of a whole vehicle, unless the seller has the title, registration and/or a receipt for repair for the unit, or the seller is an authorized automobile dealer.

Links to Other Important Information for Indiana Salvage/Recycling

Auto-Parts Salvage/Recycling

·         Auto Salvage self-audit workbook – http://www.in.gov/idem/6309.htm

·         Regulations for scrap yards and junkyards – http://www.in.gov/legislative/ic/code/title25/ar37.5/ch1.html changes made in 2012.

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