What is the current price scrap metal?

Answer 1

The current price of scrap metal depends on the type of scrap metal. There are different prices for non ferrous and ferrous scrap metal prices depending on your location in the world. Prices also fluctuate on a daily basis

Some average prices for the United States, as of April 15 2011 are:

No. 1 Copper $3.30 per pound

No. 2 Copper $3.20 per pound

No. 3 Copper $3.10 per pound

Steel Scrap $380 - 400 per ton

Answer 2

There are many types of scrap metals. There are ferrous and non ferrous metals. A magnet will stick to ferrous metals and will NOT stick to non-ferrous scrap metals.

Ferrous scrap metals include iron, steel, Heavy Melt Scrap (HMS)

Non ferrous scrap metals include copper, tin, aluminum, brass, bronze.

To know the current price of scrap metal you have to specify the type of scrap metal you have. Also keep in mind some scrap metals are priced in dollars per pound and other are in dollars per ton.