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9 cents a pound for steel. 50Â¢ per pound of aluminum. $3 per pound for copper. Scrap metal prices have many factors that are considered in pricing. When you ask for scrap metal pricing you need to know: Comex pricing. LME pricing. Type of scrap metal you have - ferrous (iron, steel, HMS) or non ferrous (copper, aluminum, zinc, brass, etc.)
Share to: 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 â¦ $0.20 per pound.rass scrap metal prices for late June 2011 are: Red Brass $1.95 per pound Yellow Brass $1.80 per pound Irony Brass $0.40 per pound These are some average prices from â¦ across the United States.