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.
a few dollars a pound
Although iron is worth much less per pound than some other metals such as copper, aluminum, silver, chromium, etc., iron is worth money.
around £100-200
A pound.
19 Trillion
The price of scrap iron, like other scrap metals, changes on a daily basis. For April 2008 depending on grade, scrap iron trades for $80 to $400 per ton, or between $0.04 and $0.20 per pound.
Not much.
About 40 cents a pound.
200,000,000,000
13 cents per pound
Depending on the size of the aluminum at the rate per pound, the scrap price average is between $.38 per pound to $ .55 cents per pound.
Brass prices right now are just over $1 a pound. If you are selling scrap you will get a little less as the scrap yard needs to make a profit too.
20 pounds
About 40 cents a pound.
7.80Lb
A pound is a pound, so they weigh the same. However, because air is less dense than iron, a pound of air would occupy a much larger volume than a pound of iron.
Scrap iron will be bought for around 12p per kilo in March 2012