How much is scrap metal worth?

Answer

The worth of scrap metal is determined by several factors including the metal type, the amount of scrap metal and the current market value of the metal. Worth is expressed as the price a buyer is willing to pay for scrap metal; this price fluctuates with market conditions.

The price of scrap metal is determined by the law of supply and demand, as noted by ScrapMetalJunkie.com. As demand for a given metal increases, the price that buyers are willing to pay increases. The price also increases when the supply of a given metal decreases. Prices decrease when demand decreases or when the supply increases.

Aluminum, brass, copper and iron are popular metals that can be scrapped. Items like copper tubing can be sold for over two dollars per pound, as seen on Rockaway Recycling. There is also a scrap market for rare metals such as nickel and titanium. Prices for rare metals can reach as high as eight dollars or more per pound, according to Rockaway Recycling.

Q&A Related to "How much is scrap metal worth?"
the price all depends on where you live, what kind of metal you have, and what the price is at right now. hope that helps!
http://wiki.answers.com/Q/How_much_is_scrap_metal
Scrap metal in Arizona is around $20 a
http://www.chacha.com/question/how-much-is-scrap-m...
Prices vary by the type of scrap metal, often fluctuate on a daily basis, and can vary by country and even area of the country. However, right now you can sell Copper wire (cat 5/
http://www.kgbanswers.com/how-much-is-scrap-metal-...
1. Find companies that buy and sell scrap metal near you. Trying calling any major manufacturing or process plants near you and ask if they sell their scrap metal. 2. Call your local
http://www.ehow.com/how_5143498_buy-scrap-metal.ht...
1 Additional Answer
Ask.com Answer for: how much is scrap metal worth
How to Find How Much My Scrap Metal Is Worth
Collecting and selling scrap metal can be quite lucrative as long as it is done intelligently. Making money from scrap metal requires careful attention to details. The prices for scrap metal depend on a number of factors such as the type of metal, the... More »
Difficulty: Moderate
Source: www.ehow.com
Explore this Topic
Scrap metal is worth about $4.00 per pound but the price tends to fluctuate due to the demand of scrap copper in the market. This price is quoted from the London ...
The gold price calculator uses a price per gramm system rather that a price per ounce, this makes it easy for the user to work out what there scrap gold is worth ...
The price of lead would depend on how mow much lead you have. The link below shows current lead prices on the London Metal Exchange. ...
About -  Privacy -  Careers -  Ask Blog -  Mobile -  Help -  Feedback  -  Sitemap  © 2014 Ask.com