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The price for scrap iron would depend on where in the world it is sold, and who is buying it, it also depends on the grade/quality of the scrap.

In the UK the current prices for scrap iron are £70 per ton for cast iron, £85 per ton for plate and girders, £45 per ton for light iron.


There are 2240 pounds in a imperial ton, that's roughly 2p to 3p per pound.

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Q: How much is scrap iron per pound in 2016?
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