Scrap Metal Prices per Pound
| Metal | Price Per Pound |
|---|---|
| Aluminum | $0.83 |
| Aluminum Alloy | $0.58 |
| Copper | $2.99 |
| Brass | $2.28 |
| Lead | $0.80 |
| Nickel | $6.90 |
| Tin | $9.22 |
| Zinc | $0.92 |
| Steel Scrap | $0.14 |
| Steel Rebar | $0.21 |
Scrap Aluminum Prices per Pound
| Metal | Price Per Pound |
|---|---|
| Aluminum 1100 | $0.57 |
| Aluminum 3003 | $0.57 |
| Aluminum 356 Wheels (clean) | $0.57 |
| Aluminum 356 Wheels (dirty) | $0.41 |
| Aluminum 5052 Scrap | $0.77 |
| Aluminum 6061 Extrusions | $0.51 |
| Aluminum 6063 Extrusions | $0.67 |
| Aluminum 6063 Extrusions/Fe | $0.49 |
| Aluminum/Cu Radiators | $1.35 |
| Aluminum/Cu/Fe Radiators | $1.25 |
| Aluminum Radiators | $0.32 |
| Aluminum/Fe Radiators | $0.24 |
| Transformers | $0.14 |
| Breakage 50% Recovery | $0.18 |
| Chrome Wheels | $0.54 |
| E.C. Wire | $0.89 |
| Litho Sheets | $0.57 |
| Mixed Turnings | $0.33 |
| MLC Clips | $0.56 |
| Aluminum Old Cast | $0.55 |
| Aluminum Old Sheet | $0.54 |
| Painted Siding | $0.53 |
| UBC | $0.56 |
| Zorba 90% NF | $0.54 |
| Aluminum Cans (clean) | $0.42 |
| Aluminum Cans (dirty) | $0.21 |
Scrap Brass Prices per Pound
| Metal | Price Per Pound |
|---|---|
| Red Brass | $1.55 |
| Yellow Brass | $1.46 |
| Brass Rod | $1.43 |
| Brass Hair Wire | $1.53 |
| Brass Pipe | $1.39 |
| Brass Radiators | $1.18 |
| Brass Shells | $1.32 |
| Brass Turnings | $1.34 |
| Bronze | $1.60 |
| Bronze Turnings | $0.84 |
| Dirty Brass | $0.70 |
| Dirty Brass Radiators | $0.70 |
| Plumbers Brass | $1.39 |
| Semi-Red Brass | $1.41 |
Scrap Copper Prices per Pound
| Metal | Price Per Pound |
|---|---|
| #1 Bare Bright Copper Wire | $2.62 |
| #1 Copper Tubing | $2.44 |
| #1 Flashing Copper | $2.44 |
| #2 Copper Tubing | $2.30 |
| #2/3 Mix Copper | $2.23 |
| #3 Copper with Tar | $2.09 |
| #3 Roofing Copper | $2.16 |
| Dirty Roofing Copper | $2.02 |
| Electric Motors – Copper | $1.81 |
| Enameled Copper | $2.06 |
| Insulated Copper Wire | $2.09 |
| Lead Coated Copper | $1.77 |
| Silver Plated Copper | $2.23 |
| Tin Coated Copper | $1.95 |
| Tin Insulated Copper Wire | $1.95 |
Scrap Lead Prices per Pound
| Metal | Price Per Pound |
|---|---|
| Lead Batteries | $0.17 |
| Lead Shot | $0.38 |
| Lead Wheel Weights | $0.24 |
| Solid Lead | $0.51 |
| Soft Lead | $0.52 |
Scrap Zinc Prices per Pound
| Metal | Price Per Pound |
|---|---|
| New Zinc Die Cast | $0.57 |
| Old Zinc Die Cast | $0.49 |
Scrap Gold Prices
| Metal | Price per Gram | Price per Troy Ounce |
|---|---|---|
| 9ct Gold | $18.07 | $562.09 |
| 14ct Gold | $28.19 | $876.87 |
| 18ct Gold | $36.14 | $1,124.21 |
| 22ct Gold | $44.14 | $1,373.01 |
| 24ct Gold | $48.19 | $1,498.79 |
Scrap Prices for other Precious Metals
| Metal | Price per Gram | Price per Troy Ounce |
|---|---|---|
| Palladium | $22.05 | $685.94 |
| Platinum | $17.31 | $538.30 |
| Silver | $0.48 | $14.88 |
Scrap Prices for Steel per Pound
| Metal | Price Per Pound |
|---|---|
| #1 Bundle | $0.08 |
| #1 Busheling | $0.08 |
| #1 HMS | $0.06 |
| HMS 80/20 | $0.05 |
| Sheet Metal | $0.04 |
| Shredded Auto Scrap | $0.06 |
| Structural Steel | $0.06 |
Scrap Prices for Stainless Steel per Pound
| Metal | Price Per Pound |
|---|---|
| 201 SS | $0.23 |
| 301 SS | $0.34 |
| 304 SS Solid | $0.49 |
| 304 SS Turning | $0.43 |
| 309 SS | $0.64 |
| 310 SS | $0.97 |
| 316 SS Solid | $0.64 |
| 330 SS | $1.59 |
Scrap Prices for other Ferrous Metals per Pound
| Metal | Price Per Pound |
|---|---|
| Scrap #1 Prepared | $0.06 |
| Scrap #2 Prepared | $0.07 |
| Scrap #1 Unprepared | $0.05 |
| Scrap #2 Unprepared | $0.05 |
| Scrap Auto Slabs Whole | $0.05 |
| Scrap Cast Iron | $0.08 |
| Scrap Dishwashers | $0.05 |
| Scrap Dryers | $0.05 |
| Scrap Oversize Torch | $0.07 |
| Scrap Rebar | $0.16 |
| Scrap Washing Machines | $0.05 |
| Scrap Water Heaters | $0.05 |
Legal Mandates
Updated January 2014
***Effective July 1, 2013
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 state of issue and license plate number, make and type of vehicle used to transport scrap
- Keep an electronic record of sellers name, address and date of sale
- All sales must be recorded by photograph or video with date and time stamp and include a clear image of the face of the seller and the material being purchased
- 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.
- Must include a general description of the material and if the material is insulated.
- Amount paid for 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 3 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.
All payments must be made by check payable to the seller and mailed to their home after a waiting period of 3 days.
It is unlawful to purchase beer kegs or metal soft drink tanks unless the seller is licensed as a manufacturer or distributor of such tanks.
It is unlawful to purchase air conditioner condensers and/or coils from anyone unless they allow a copy of their HVAC or contractor’s license to be kept on file.
It is unlawful to purchase any cemetery markers unless the seller has written permission from local law enforcement to do so.
It is unlawful to purchase any scrap metal from persons under the age of 18 years.
No purchases may be made between the hours of 9 p.m. and 6 a.m.
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 for a minimum of 3 days on all purchases.
***Scrap metal dealers can qualify to register as ‘manufacturers’ and receive a reduced tax of 1.5% on all machinery, materials, fuel and electricity required for manufacturing after a ‘direct pay’ permit has been issued. Please visit www.dor.ms.gov for more information.
Links to Other Important Information for Mississippi Salvage/Recycling
Auto-Parts Salvage/Recycling
· Scrap Tires – http://www.deq.state.ms.us/mdeq.nsf/pdf/SW_WasteTireManagementRegs/$File/Waste%20Tire%20Management%20Regs%20(1998).pdf?OpenElement
· Environmental Safety pertaining to junkyards – http://www.deq.state.ms.us/MDEQ.nsf/page/About_Office_of_Pollution_Control?OpenDocument
· Regulations for scrap yards and junkyards – http://www.sos.ms.gov/links/reg_enf/scrap/ScrapMetal_RulesandRegs.pdf
http://www.sos.ms.gov/links/reg_enf/scrap/ScrapMetalLaw.pdf
***www.dor.ms.gov/docs/72-13-06ScrapMetalRecyclers.pdf