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Yes. Itâs not uncommon for scrap collector to make $100-$200 cash per day. If you can get 1,000 lbs of metal in a day youâve made $100 cash. It can be hard work, but it can also be very rewarding.A few years ago I picked up two die cast molds from a company that just wanted to get rid of them.They were extraordinarily, heavy, weighing almost 1,500 lbs between the two of them.f you can get 1,000 lbs of metal in a day youâve made $100 cash. It can be hard work, but it can also be very rewarding. A few years ago I picked up two die cast molds from a company that just wanted to get rid of them. They were extraordinarily, heavy, weighing almost 1,500 lbs between the two of them.
Currently the closest scrap yard to me pays $195 per ton, or per 2,000 pounds for ferrous metals. This breaks down to approximately $10 per 100 pounds of metal. The price that scrap yards pay fluctuates with worldwide supply and demand and can change daily. For copper with the shield still on (like a power cord) they will pay you a % of the $2.85/pound, or approximately 60% of the weight.