Skip to content

What are the Latest Prices for Scrap Metal?

What are the Latest Prices for Scrap Metal?

The demand for scrap metal is so tremendous, and the scrap metal sector is expanding, for an undeniable reason. Almost any metal may be easily recycled by bringing your metals to a competent company. The company will use recycled metals to create new items by supplying them to manufacturers.

Without scrap metal, producers would have to bear the cost of mining virgin ore in order to produce entirely new metals, which would be a much more difficult task. That is significantly more expensive than using recycled scrap, and mining isn’t a long-term option either because there isn’t much virgin ore left to be mined.

For this reason, one must always be aware of the market of scrap metals and their ever-wavering prices. The market for scrap metals depends greatly on the chain of supply and demand, quality, purity, and quantity as well. The more the metal is in-demand and limited in resources, the higher its price would reach the sky.

Prices for Scrap Metal

For every scrap metal that is there, there’s a unique price, most of them vary on the basis of how the metal itself is used. Some of the most expensive metals are copper, stainless steel, aluminum, brass, and zinc.

Firstly, their prices rely on the fact that they’re mostly used in the manufacture of many appliances thereby always leading them to be in excruciating demand. Secondly, they’re not as feasibly available as the other metals. The combination of these two factors leads them to always maintain a high price as compared to other metals in the market.

Let’s have a look at each of these metals and how these factors play significant roles in deciding their price. Keep in mind that market variables like supply and demand affect scrap metal prices every day.


Copper is the most commonly used metal in many businesses, from building the base of a home to the manufacture of wires, copper is the most widely used metal with it costing about 8-10$ a pipe based on the quality, and 1$ to 6$ per kilogram for a copper cable.


Aluminum on the other hand also bears a lot of worth as well, as any kind of aluminum ranging from off-cuts, wire, cuttings, wheel rims, and domestic items like pots, pans, etc, and sheets, can cost from a dollar to 2.5$ per kilogram depending on its form of availability.


Since brass is commonly used in applications where there’s a need for corrosion resistance and low friction such as locks, gears, bearings, ammunition casings, zippers, plumbing, hose, valves, and electrical plugs and sockets, as well as musical instruments such as horns therefore it also maintains a cost of 3$ to 7$ per kilogram based on its quality and purity.


Zinc is mostly used to galvanize other significant metals to keep them from rusting and make them more durable for use. Zinc proves to be a very crucial metal for these reasons as galvanized steel is used in car bodies, street lamp posts, safety barriers, and suspension bridges. Furthermore, the automobile, electrical, and hardware industries require zinc in large quantities for the production of die-castings. Its price rates as of recently have been noted to reach approximately 5$ per kilogram.

Stainless Steel

Stainless steel is the most common metal in the list as it is used in many appliances, utensils, tools, and equipment. It has a wide field of use ranging from culinary use to medical applications such as surgical implants, or equipment. The stainless steel costs around 1 to 2$ per kilogram based on its grade and its quantity.


Lead is widely used for car batteries, pigments, ammunition, cable sheathing, weights for lifting, weight belts for diving, lead crystal glass, radiation protection, and often used to store corrosive liquids. Its cost varies from 1.5$ to 3$ per kilogram based on the form it is sold and its purity and quality.


Bronze is frequently used to make coins, hardware mounts, furniture trim, ceiling or wall panels, ship hardware, and other vehicle parts because of its resistance to corrosion and distinctive color. It costs around under 10$ per kilogram in the market.

Catalytic Converters and Radiators

Automobiles catalytic converters and car radiators or air-conditioner radiators also include in the recycling metals list costing around 3$ to 5$ per kilogram depending on the purity and quality of the metals it is forged with.


Conclusively, the more knowledge you have about scrap metal and the factors which affects its price and are the pivotal in terms of metal scrap evaluation, the more you able to get the right price for it. Always know that the price of the market greatly varies on every day basis and only detailed awareness can help one in getting one a great price for it. Knowing your whereabouts in any market is the most important step to reap off excellent profits. Whether it be your old lead battery, some wires, your old computer, or anything that is laying in your yard – everything has it worth in the scrap metal universe. You just need to find the right buyer and sell it for the right price!