Metals are a valuable resource that can be found in many places throughout the world. If you are interested in scrapping these metals and selling them to junkyards, check out our top ten list of the most commonly scrapped metals and their value in the US:
- Aluminum: Aluminum is one of the most commonly scrapped metals due to its value and abundance. This metal can be found in many places, such as aluminum soda cans, aluminum siding, and gutters. The average price for aluminum is $0.30 per pound.
- Copper: Copper is another valuable metal that is often scrapped due to its high value. This metal can be found in electrical wiring, plumbing pipes, and old radiators. The average price for copper is $2.00 per pound.
- Steel: Another commonly scrapped metal is steel, which can be found in appliances, cars, and construction materials. The average price for steel is about $0.05 per pound.
- Brass: Brass is another commonly scrapped metal that can be found in old doorknobs, plumbing fixtures, and brass instruments. The average price for brass is about $1.00 per pound.
- Zinc: Zinc is a valuable metal that can be found in cars, batteries, and other scrap metal items. The average price for zinc is about $0.60 per pound.
- Gold: Gold is one of the most valuable metals, especially during times of economic instability or crisis. This metal can be found in jewelry and old electronics. The average price for gold is about $50.00 per ounce.
- Platinum: Another valuable metal that can be found in jewelry and old electronics is platinum. The average price for platinum is about $80.00 per ounce.
- Silver: Silver is another valuable metal that can be found in coins, jewelry, and other scrap metal items. The average price for silver is about $20.00 per ounce.
- Titanium: Titanium is another valuable metal that can be found in certain cars and other scrap metal items. The average price for titanium is about $8.00 per pound.
- Lead: Lead is a less commonly scrapped metal, but it can still be found in old batteries, pipes, and other scrap metal items. The average price for lead is about $0.50 per pound.
FACTORS THAT AFFECT THE PRICES OF METALS IN US, AND HOW TO SELL THE METALS TO JUNKYARDS
The prices of metals in the US can be affected by a number of factors, including global supply and demand, the strength of the US economy, and geopolitical factors. When there is high demand for metals globally, prices tend to increase. Similarly, when there is strong economic growth in the US, this also tends to drive up metal prices. However, geopolitical factors can also have a significant impact on metal prices. For example, if there is political unrest in a major producing country, this can lead to disruptions in the supply of metals, and prices may increase as a result.
To sell metals to junkyards, you will need to find a reputable dealer who is willing to buy your metals. You can find junkyards that deal in metals by searching online or in your local phone book. Once you have found a few potential dealers, you will need to contact them to get a quote for your metals. Be sure to let the dealer know the type and quantity of metal you have to sell, as this will affect the price. In many cases, you will also need to provide documentation proving that you own the metals in question.
By knowing the value of these different metals, you can make informed decisions about which metals to scrap and how much money you can expect to get for them. Whether you are scrapping old appliances or construction materials, be sure to do your research beforehand so that you don't miss out on any opportunities for profit.
