Scrap metal prices are different for nonferrous and ferrous scrap metals. Ferrous scrap metals (iron, steel) are typically in dollars per ton whereas non ferrous scrap metals are in dollars per pound.
There are many types of scrap metals. There are ferrous scrap metals and there are non ferrous scrap metals as well as precious metal scrap and exotic metal scrap. Each type of scrap metal sells for a different price per pound. Also depending on the grade of the scrap metal (prepared, unprepared, stripped, etc.) and your location in the world, the price of scrap metal will vary. Supply and demand also dictates the price of scrap.
The current price of scrap metal depends on the type of scrap metal. There are different prices for non ferrous and ferrous scrap metal prices depending on your location in the world. Prices also fluctuate on a daily basis Some average prices for the United States, as of April 15 2011 are: No. 1 Copper $3.30 per pound No. 2 Copper $3.20 per pound No. 3 Copper $3.10 per pound Steel Scrap $380 - 400 per ton
2.50 under and 2.80 lb. over 1000lbs #1 clean
Scrap encompasses both non ferrous and ferrous scrap - meaning steel, copper, aluminum, brass, HMS, zinc, etc. Prices of scrap vary depending on type of metal, grade of the metal, location in the world and daily price fluctuations
e46 and e11 scrap difference
It very efficiently separates ferrous from non-ferrous scrap.
Ferrous scrap metal basically consists of any metal that takes a magnet. This includes iron, steel, Heavy Melt Scrap, #1 Iron / steel , #2 Iron / steel. Ferrous scrap metals are typically obtained through demolition and dismantlement projects
scrap copper prices fluctuatuate on a daily basis based upon supply and demand and the Comex and spot markets. Prices also vary country to country as well as regionally. In general in the United States, scrap copper prices for the cleanest scrap copper (i.e. bare brite) is around $3.30 to $3.60 per pound of scrap metal.
Scrap metal price starts at .07 USD per pound and goes up from there. Bright copper can be sold for over $3.30 per pound near me! Scrap metal price is another way of saying what is the price of scrap metal? One needs to be specific when asking this quetion as there are many different types and grades of scrap metal. Scrap metal encompasses ferrous (iron, steel, HMS) and non ferrous (copper, aluminum, zinc, base metals, etc.) metals. There are also different grades of scrap metal, for example there s prepared steel, unprepared steel, copper #1, HMS #1 etc. Each commands a different price. There are many sites on line that post prices or check with your local recycler.
Strangely enough I know this answer.... But to the point! Ferrous means that it contains iron. So your answer is: The scrap metal contains iron.
There are many different types of scrap metals - There is ferrous (iron, steel HMS) and non ferrous scrap metals (copper, aluminum, zinc, etc.). You need to specify the type of scrap metal you have in order to obtain proper pricing. Copper for example is around $3.50 cents for bare brite copper whereas Scrap Steel #1 Busheling is around $450.00 gt Use a magnet to quickly identify your scrap metals - ferrous take to a magnet, non ferrous do not