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 | $7.70 |
| Tin | $10.29 |
| Zinc | $1.03 |
| Steel Scrap | $0.15 |
| Steel Rebar | $0.24 |
Last Updated On 2023-10-11
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 | $1.59 |
| 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 | $2.92 |
| #1 Copper Tubing | $2.73 |
| #1 Flashing Copper | $2.73 |
| #2 Copper Tubing | $2.57 |
| #2/3 Mix Copper | $2.49 |
| #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 | $2.49 |
| 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 | $20.18 | $627.54 |
| 14ct Gold | $31.48 | $978.98 |
| 18ct Gold | $40.35 | $1,255.12 |
| 22ct Gold | $49.28 | $1,532.90 |
| 24ct Gold | $53.80 | $1,673.32 |
Scrap Prices for other Precious Metals
| Metal | Price per Gram | Price per Troy Ounce |
|---|---|---|
| Palladium | $24.62 | $765.81 |
| Platinum | $19.32 | $600.98 |
| Silver | $0.53 | $16.61 |
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 | $0.47 |
| 309 SS | $0.72 |
| 310 SS | $1.08 |
| 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
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;
- Allow the buyer to take a thumbprint;
- 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
- A video or photograph of the seller (clearly showing the sellers face) and the material being sold.
- 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, quantity and/or volume, and description 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
· Tag and hold policy is in effect (for a minimum of 10 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 3 years.
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. There is a tag-and-hold policy for a minimum of 10 working days when notified by law enforcement to do so.
It is unlawful to purchase any metals (other than aluminum cans) from person under the age of 18 years.
All purchases of copper or metals in excess of $300 must be paid by non-transferrable check made payable to the seller and mailed to their home after a 5 day waiting period. No transactions shall be made in cash. Checks cannot be cashed at the facility where it was written.
Any purchases for metals (not including copper) under the amount of $300 can be made in cash or by check (with no waiting period).
Scrap recyclers must not purchase metals from any person for an amount above $300 more than once in a 24 hour period.
It is unlawful for recyclers to cash checks that the company has written, either by a cash machine or customer service representative.
It is unlawful to purchase any scrap metal between the hours of 7 p.m. and 7 a.m.
Any purchases of the following materials require a copy of a valid contractor’s license or written proof that the person is legally authorized to sell the metal on the behalf of a company or distributor:
Railroad track materials, beer kegs, burned or smelted wire, any material with the markings of a private company or government entity, utility access cover, water meter cover, guard rail, street/traffic signs, or catalytic converters that are not attached to a motor vehicle.
Every secondary metal processor or licensed automotive dismantler and parts recycler shall submit an electronic report to the office of motor vehicles of the vehicle identification number (VIN) of each auto hulk received from a seller. The report shall be in a form approved by the office of motor vehicles and shall be submitted within seventy-two hours of the purchase of the auto hulk.
A daily record of activity must be submitted electronically to local law enforcement by noon on the day following the transactions.
Links to Other Important Information for Louisiana Salvage/Recycling
Auto-Parts Salvage/Recycling
· Scrap Tires – http://www.epa.gov/region6/tires/
· Batteries – http://legis.la.gov/lss/lss.asp?doc=87432
· Environmental Safety pertaining to junkyards – http://www.deq.louisiana.gov/portal/portals/0/planning/regs/pdf/SW042fin.pdf
· Regulations for scrap yards and junkyards – http://legis.la.gov/lss/lss.asp?doc=408771, http://legis.la.gov/lss/lss.asp?doc=88534 and http://legis.la.gov/lss/lss.asp?doc=93503 http://legis.la.gov/billdata/streamdocument.asp?did=812488
Pending legislation: http://www.legis.la.gov/legis/ViewDocument.aspx?d=845700