Scrap Metal Prices per Pound
| Metal | Price Per Pound |
|---|---|
| Aluminum | $0.89 |
| Aluminum Alloy | $0.62 |
| Copper | $3.27 |
| Brass | $2.50 |
| Lead | $0.89 |
| Nickel | $7.58 |
| Tin | $10.03 |
| Zinc | $1.01 |
| Steel Scrap | $0.15 |
| Steel Rebar | $0.23 |
Scrap Aluminum Prices per Pound
| Metal | Price Per Pound |
|---|---|
| Aluminum 1100 | $0.62 |
| Aluminum 3003 | $0.62 |
| Aluminum 356 Wheels (clean) | $0.62 |
| Aluminum 356 Wheels (dirty) | $0.44 |
| Aluminum 5052 Scrap | $0.83 |
| Aluminum 6061 Extrusions | $0.55 |
| Aluminum 6063 Extrusions | $0.72 |
| Aluminum 6063 Extrusions/Fe | $0.53 |
| Aluminum/Cu Radiators | $1.45 |
| Aluminum/Cu/Fe Radiators | $1.34 |
| Aluminum Radiators | $0.35 |
| Aluminum/Fe Radiators | $0.26 |
| Transformers | $0.15 |
| Breakage 50% Recovery | $0.20 |
| Chrome Wheels | $0.58 |
| E.C. Wire | $0.96 |
| Litho Sheets | $0.62 |
| Mixed Turnings | $0.36 |
| MLC Clips | $0.61 |
| Aluminum Old Cast | $0.59 |
| Aluminum Old Sheet | $0.58 |
| Painted Siding | $0.57 |
| UBC | $0.61 |
| Zorba 90% NF | $0.58 |
| Aluminum Cans (clean) | $0.45 |
| Aluminum Cans (dirty) | $0.22 |
Scrap Brass Prices per Pound
| Metal | Price Per Pound |
|---|---|
| Red Brass | $1.70 |
| Yellow Brass | $1.60 |
| Brass Rod | $1.56 |
| Brass Hair Wire | $1.68 |
| Brass Pipe | $1.52 |
| Brass Radiators | $1.30 |
| Brass Shells | $1.44 |
| Brass Turnings | $1.47 |
| Bronze | $1.75 |
| Bronze Turnings | $0.91 |
| Dirty Brass | $0.76 |
| Dirty Brass Radiators | $0.76 |
| Plumbers Brass | $1.52 |
| Semi-Red Brass | $1.55 |
Scrap Copper Prices per Pound
| Metal | Price Per Pound |
|---|---|
| #1 Bare Bright Copper Wire | $2.86 |
| #1 Copper Tubing | $2.67 |
| #1 Flashing Copper | $2.67 |
| #2 Copper Tubing | $2.52 |
| #2/3 Mix Copper | $2.44 |
| #3 Copper with Tar | $2.29 |
| #3 Roofing Copper | $2.37 |
| Dirty Roofing Copper | $2.21 |
| Electric Motors – Copper | $1.99 |
| Enameled Copper | $2.25 |
| Insulated Copper Wire | $2.29 |
| Lead Coated Copper | $1.93 |
| Silver Plated Copper | $2.44 |
| Tin Coated Copper | $2.14 |
| Tin Insulated Copper Wire | $2.14 |
Scrap Lead Prices per Pound
| Metal | Price Per Pound |
|---|---|
| Lead Batteries | $0.18 |
| Lead Shot | $0.42 |
| Lead Wheel Weights | $0.27 |
| Solid Lead | $0.56 |
| Soft Lead | $0.58 |
Scrap Zinc Prices per Pound
| Metal | Price Per Pound |
|---|---|
| New Zinc Die Cast | $0.63 |
| Old Zinc Die Cast | $0.54 |
Scrap Gold Prices
| Metal | Price per Gram | Price per Troy Ounce |
|---|---|---|
| 9ct Gold | $19.41 | $603.83 |
| 14ct Gold | $30.29 | $942.00 |
| 18ct Gold | $38.83 | $1,207.70 |
| 22ct Gold | $47.42 | $1,475.01 |
| 24ct Gold | $51.77 | $1,610.09 |
Scrap Prices for other Precious Metals
| Metal | Price per Gram | Price per Troy Ounce |
|---|---|---|
| Palladium | $23.91 | $743.66 |
| Platinum | $18.59 | $578.11 |
| Silver | $0.52 | $16.09 |
Scrap Prices for Steel per Pound
| Metal | Price 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 | $0.06 |
| Structural Steel | $0.06 |
Scrap Prices for Stainless Steel per Pound
| Metal | Price Per Pound |
|---|---|
| 201 SS | $0.25 |
| 301 SS | $0.37 |
| 304 SS Solid | $0.53 |
| 304 SS Turning | $0.46 |
| 309 SS | $0.70 |
| 310 SS | $1.05 |
| 316 SS Solid | $0.70 |
| 330 SS | $1.72 |
Scrap Prices for other Ferrous Metals per Pound
| Metal | Price Per Pound |
|---|---|
| Scrap #1 Prepared | $0.07 |
| Scrap #2 Prepared | $0.07 |
| Scrap #1 Unprepared | $0.05 |
| Scrap #2 Unprepared | $0.05 |
| 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
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 (File copy can be used for future visits)
- 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
Buyer’s must:
- Record issuing state and license plate number of sellers vehicle used to transport scrap
- Keep a record of sellers name, address, place of business (if applicable) 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, 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.
All purchases over the amount of $50 must be made by check or electronic transfer, with the exception of catalytic converters, and then the amount is over $75.
Keep records, certifications, registrations, etc. on site for 2 years.
Scrap recyclers must maintain a record of all purchases for a minimum of two years and is subject to inspection by any law enforcement at any time. Although there is no specified tag-and-hold policy, it is standard practice to hold material for a minimum of 10 working days when notified by law enforcement to do so.
Links to Other Important Information for Iowa Salvage/Recycling
Auto-Parts Salvage/Recycling
· Scrap Tires – An authorized vehicle recycler, as licensed by the Iowa Department of Transportation, may store up to 3,500 passenger tire equivalents. Tires should be sent for recycling or energy recovery as soon as possible.
· Regulations for scrap yards and junkyards – https://www.legis.iowa.gov/DOCS/ACO/IC/LINC/Chapter.714.pdf
· Environmental Rules for scrap yards – http://www.iowadnr.gov/portals/idnr/uploads/waste/salvageyardsfactsheet.pdf
· Salvage vehicle information – http://search.legis.state.ia.us/nxt/gateway.dll/ar/iac/7610___transportation%20department%20__5b761__5d/4050___chapter%20405%20salvage/_c_7610_4050.xml?f=templates$fn=document-frame.htm$q=%5Bfield%20%20306C.1%5D$x=Advanced$3.0