Recycling is the best process of making the waste things in further use to save time, money, and also the environment. Most of the people heard that a process of recycling could be possible with the newspapers, plastic bottles, and glass containers. But it is proven that a recycling of the scrap metals is also possible now. In order to save the environment, recycling of the scrap metals such as copper, iron, titanium, aluminum, and more is very important all over the world. Recycling of the scrap metals is not only for protecting the environment but also to get more money in your wallet.
Recycling of scrap metals:
Many countries are involving in the recycling process of the metals such as aluminum, copper, iron, titanium, and more. According to the economy of the country and demands for the metal scraps, the prices will vary in the different countries. In the United States, there are a lot of people involving themselves in the business of recycling the metal scraps and earn more profits. Whenever you want to know the scrap metal prices in America, you first need to do a small research on the metal scrap business in the US.
The current price of the scrap metals actually trades just similar to the stock market in the entire America. It in fact means that the people who are all doing the scrap metals business will get the spot price to the copper, iron, and some other metal scraps. So, the price of those scrap metals will differ every day. According to the region and local demand, there are the different prices for the different scrap metals in the states and cities of USA.
Prices of the different scrap metals:
When the US scrap market is considered, the different types of materials will have the different market prices. The prices of the top 3 scrap metals in America are listed here with the necessary details.
- Stainless steel – The different numbers of assigned to the stainless steel scrap metals according to their material quality and reflection of actual alloy. This number series will actually range from 100 to 600 with the particular numbers assigned to the each metal.
- Copper – The copper metal is basically separated into tubing, roofing, and also wire categories. Each of them is graded with the # 1, # 2, and # 3 rating. The grade one copper might be in the best scrap prices at $ 2.20 per pound. The roofing copper metals are actually grade 3 copper which would be sold at the price of $ 1.50 per pound. There are also some of the scrap copper metals with the tar which could be found from the local dealers. These are only average prices but they will vary according to the market rate and demand.
- Aluminum – It is a unique type of scrap metal coming in the various forms. The aluminum alloy metals such as # 6061 and # 6063 usually have the unstable spot prices in the US market.