Scrap Metal Prices per Pound
| Metal | Price Per Pound |
|---|---|
| Aluminum | $0.93 |
| Aluminum Alloy | $0.65 |
| Copper | $3.34 |
| Brass | $2.55 |
| Lead | $0.90 |
| Nickel | $7.71 |
| Tin | $10.30 |
| Zinc | $1.03 |
| Steel Scrap | $0.15 |
| Steel Rebar | $0.24 |
Scrap Aluminum Prices per Pound
| Metal | Price Per Pound |
|---|---|
| Aluminum 1100 | $0.64 |
| Aluminum 3003 | $0.64 |
| Aluminum 356 Wheels (clean) | $0.64 |
| Aluminum 356 Wheels (dirty) | $0.45 |
| Aluminum 5052 Scrap | $0.86 |
| Aluminum 6061 Extrusions | $0.57 |
| Aluminum 6063 Extrusions | $0.75 |
| Aluminum 6063 Extrusions/Fe | $0.55 |
| Aluminum/Cu Radiators | $1.50 |
| Aluminum/Cu/Fe Radiators | $1.39 |
| Aluminum Radiators | $0.36 |
| Aluminum/Fe Radiators | $0.27 |
| Transformers | $0.16 |
| Breakage 50% Recovery | $0.20 |
| Chrome Wheels | $0.60 |
| E.C. Wire | $0.99 |
| Litho Sheets | $0.64 |
| Mixed Turnings | $0.37 |
| MLC Clips | $0.63 |
| Aluminum Old Cast | $0.61 |
| Aluminum Old Sheet | $0.60 |
| Painted Siding | $0.59 |
| UBC | $0.63 |
| Zorba 90% NF | $0.60 |
| Aluminum Cans (clean) | $0.46 |
| Aluminum Cans (dirty) | $0.23 |
Scrap Brass Prices per Pound
| Metal | Price Per Pound |
|---|---|
| Red Brass | $1.74 |
| Yellow Brass | $1.63 |
| Brass Rod | $1.60 |
| Brass Hair Wire | $1.71 |
| Brass Pipe | $1.56 |
| Brass Radiators | $1.32 |
| Brass Shells | $1.47 |
| Brass Turnings | $1.50 |
| Bronze | $1.79 |
| Bronze Turnings | $0.93 |
| Dirty Brass | $0.78 |
| Dirty Brass Radiators | $0.78 |
| Plumbers Brass | $1.56 |
| Semi-Red Brass | $1.58 |
Scrap Copper Prices per Pound
| Metal | Price Per Pound |
|---|---|
| #1 Bare Bright Copper Wire | $2.93 |
| #1 Copper Tubing | $2.73 |
| #1 Flashing Copper | $2.73 |
| #2 Copper Tubing | $2.57 |
| #2/3 Mix Copper | $2.50 |
| #3 Copper with Tar | $2.34 |
| #3 Roofing Copper | $2.42 |
| Dirty Roofing Copper | $2.26 |
| Electric Motors – Copper | $2.03 |
| Enameled Copper | $2.30 |
| Insulated Copper Wire | $2.34 |
| Lead Coated Copper | $1.97 |
| Silver Plated Copper | $2.50 |
| Tin Coated Copper | $2.18 |
| Tin Insulated Copper Wire | $2.18 |
Scrap Lead Prices per Pound
| Metal | Price Per Pound |
|---|---|
| Lead Batteries | $0.19 |
| Lead Shot | $0.42 |
| Lead Wheel Weights | $0.27 |
| Solid Lead | $0.57 |
| Soft Lead | $0.58 |
Scrap Zinc Prices per Pound
| Metal | Price Per Pound |
|---|---|
| New Zinc Die Cast | $0.64 |
| Old Zinc Die Cast | $0.55 |
Scrap Gold Prices
| Metal | Price per Gram | Price per Troy Ounce |
|---|---|---|
| 9ct Gold | $20.20 | $628.22 |
| 14ct Gold | $31.51 | $980.03 |
| 18ct Gold | $40.40 | $1,256.47 |
| 22ct Gold | $49.34 | $1,534.54 |
| 24ct Gold | $53.86 | $1,675.12 |
Scrap Prices for other Precious Metals
| Metal | Price per Gram | Price per Troy Ounce |
|---|---|---|
| Palladium | $24.65 | $766.63 |
| Platinum | $19.34 | $601.63 |
| Silver | $0.53 | $16.63 |
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 | $0.38 |
| 304 SS Solid | $0.55 |
| 304 SS Turning | $0.48 |
| 309 SS | $0.72 |
| 310 SS | $1.09 |
| 316 SS Solid | $0.72 |
| 330 SS | $1.77 |
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
Updated January 2014
***Changes effective 1/3/2014
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.
Buyer’s must:
- Record make, model and license plate number of sellers vehicle used to transport scrap
- ***Keep a record of sellers name, address, drivers license number, type of metal 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, and price paid for 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
· Tag and hold policies are in effect (up to 3 days)
NOTE: Please be aware of your local ordinances. Many cities and counties have additional ordinances that may not be listed here.
***All scrap metal dealers must register with the Office of Occupations and Professions.
All payments must be made by check payable to the seller and be mailed to the sellers address (PO boxes are not acceptable) after a one day holding period.
***A daily log of all transactions must be retained in KRS and purchaces of restricted metals must be reported to the State Police.
It is unlawful to purchase materials from persons under the age of 18.
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 3-day tag-and-hold policy when notified by law enforcement to do so.
***A title or salvage title must be presented with the purchase of any vehicle.
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 any restricted metal, burned wire, or smelted metal unless the seller can provide written proof or current licensure that they are the lawful owner of the property and have the right to sell such property.
No scrap metal business may enter into a transaction to purchase or receive any metal or metallic wire that was burned in whole or in part to remove insulation unless the seller can produce written proof to the scrap metal business that the wire was lawfully burned or lawfully recovered from a burned structure.
All purchases of restricted metals must be reported by the end of the business day to local law enforcement, including all purchases of copper and copper wire.
Links to Other Important Information for Kentucky Salvage/Recycling
Auto-Parts Salvage/Recycling
· Tires – http://www.lrc.ky.gov/record/10rs/HB197.htm
· EPA regulations – http://www.epa.gov/region03/oecej/initiatives/ScrapRecycling.pdf
· State scrap yard regulations – http://www.lrc.ky.gov/Statrev/ACTS2008/0083.pdf and pending updates at www.lrc.ky.gov/record/08rs/HB106/bill.doc
o http://www.lrc.ky.gov/krs/433-00/904.pdf
***legiscan.com/KY/text/SB22/2013