Scrap Metal Prices per Pound
| Metal | Price Per Pound |
|---|---|
| Aluminum | $0.91 |
| Aluminum Alloy | $0.63 |
| Copper | $3.27 |
| Brass | $2.50 |
| Lead | $0.88 |
| Nickel | $7.56 |
| Tin | $10.10 |
| Zinc | $1.01 |
| Steel Scrap | $0.15 |
| Steel Rebar | $0.23 |
Last Updated On 2023-10-11
Scrap Aluminum Prices per Pound
| Metal | Price Per Pound |
|---|---|
| Aluminum 1100 | $0.63 |
| Aluminum 3003 | $0.63 |
| Aluminum 356 Wheels (clean) | $0.63 |
| Aluminum 356 Wheels (dirty) | $0.45 |
| Aluminum 5052 Scrap | $0.85 |
| Aluminum 6061 Extrusions | $0.56 |
| Aluminum 6063 Extrusions | $0.74 |
| Aluminum 6063 Extrusions/Fe | $0.54 |
| Aluminum/Cu Radiators | $1.47 |
| Aluminum/Cu/Fe Radiators | $1.37 |
| Aluminum Radiators | $0.36 |
| 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) | $0.46 |
| Aluminum Cans (dirty) | $0.23 |
Scrap Brass Prices per Pound
| Metal | Price Per Pound |
|---|---|
| Red Brass | $1.70 |
| Yellow Brass | $1.60 |
| Brass Rod | $1.57 |
| Brass Hair Wire | $1.68 |
| Brass Pipe | $1.53 |
| Brass Radiators | $1.30 |
| Brass Shells | $1.44 |
| Brass Turnings | $1.47 |
| Bronze | $1.76 |
| Bronze Turnings | $0.92 |
| Dirty Brass | $0.76 |
| Dirty Brass Radiators | $0.76 |
| Plumbers Brass | $1.53 |
| Semi-Red Brass | $1.55 |
Scrap Copper Prices per Pound
| Metal | Price Per Pound |
|---|---|
| #1 Bare Bright Copper Wire | $2.87 |
| #1 Copper Tubing | $2.68 |
| #1 Flashing Copper | $2.68 |
| #2 Copper Tubing | $2.52 |
| #2/3 Mix Copper | $2.45 |
| #3 Copper with Tar | $2.30 |
| #3 Roofing Copper | $2.37 |
| Dirty Roofing Copper | $2.22 |
| Electric Motors – Copper | $1.99 |
| Enameled Copper | $2.26 |
| Insulated Copper Wire | $2.30 |
| Lead Coated Copper | $1.94 |
| Silver Plated Copper | $2.45 |
| 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 | $0.57 |
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 | $19.81 | $616.07 |
| 14ct Gold | $30.90 | $961.09 |
| 18ct Gold | $39.62 | $1,232.18 |
| 22ct Gold | $48.38 | $1,504.88 |
| 24ct Gold | $52.82 | $1,642.73 |
Scrap Prices for other Precious Metals
| Metal | Price per Gram | Price per Troy Ounce |
|---|---|---|
| Palladium | $24.17 | $751.81 |
| Platinum | $18.97 | $590.00 |
| Silver | $0.52 | $16.31 |
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 | $0.07 |
| Structural Steel | $0.06 |
Scrap Prices for Stainless Steel per Pound
| Metal | Price Per Pound |
|---|---|
| 201 SS | $0.25 |
| 301 SS | $0.38 |
| 304 SS Solid | $0.54 |
| 304 SS Turning | $0.47 |
| 309 SS | $0.70 |
| 310 SS | $1.07 |
| 316 SS Solid | $0.70 |
| 330 SS | $1.74 |
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 | $0.06 |
| 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:
· Present and allow photocopy of 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:
· Report purchased vehicle information to NMVTIS
· Tag and hold policies are in effect
NOTE: Please be aware of your local ordinances. Many cities and counties have additional ordinances that may not be listed here.
Dealers will be required to maintain records of purchases and tag and hold most purchased nonferrous metal for seven calendar days.
Keep records, certifications, registrations, etc. on site for 3 years.
A person who knowingly buys or sells stolen scrap metal will be subject to felony penalties, including imprisonment for up to five years or a fine of up to $5,000, or both.
Links to Other Important Information for Michigan Salvage/Recycling
Auto-Parts Salvage/Recycling
· MVAC – Salvage/Recycling Regulations
o Must be a certified technician (for technician certification programs see http://www.epa.gov/ozone/title6/608/technicians/608certs.html )
o Must use certified and registered equipment (for listing see http://www.epa.gov/ozone/title6/609/technicians/appequip.html )
o Completion of Clean Air Act Refrigerant Removal Verification form (can be accessed at http://www.dispositionservices.dla.mil/turn-in/hazardous/drms2016.pdf )
§ Labels (http://www.dispositionservices.dla.mil/turn-in/hazardous/refrigsamplbl.pdf)
§ Turn-in documents (http://www.dispositionservices.dla.mil/etid.html)
§ Record amount of refrigerant disposed of and if recycled where it was sent.
· Tires – If you are transporting more than 7 tires, or you are transporting tires that did not originate from your household, you must either register as a scrap tire hauler or hire a registered scrap tire hauler. There is no fee to register as a scrap tire hauler. You can get more information about scrap tire hauler registrations at http://www.michigan.gov/deq/0,1607,7-135-3312_4122-10165–,00.html .
· Antifreeze, Oil, and Batteries – Instructions on how to recycle/dispose of these items can be found at http://www.deq.state.mi.us/documents/deq-ead-tas-salvyard.pdf or by calling the Environmental Assistance Division at 800-662-9278.
Scrap Metal Bins/Roll Off Carts – Storm Water Contamination Information
· http://www.michigan.gov/documents/deq/wb-stormwater-industrial-ScrapMetal_248601_7.pdf
Pending Legislation: http://www.legislature.mi.gov/documents/2011-2012/billintroduced/House/pdf/2012-HIB-5490.pdf