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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.)
What Are the Current Prices For Aluminum Cans? Aluminum cans that are processed at a metal scrap yard will typically provide a price that is about 50% of what the general aluminum commodities spot price happens to be. This 50% discount includes the scrap yard premium that helps them make money from the recycling effort.