Metals are a valuable resource that can be found in many places throughout the world. If you are interested in scrapping these metals and selling them to junkyards, check out our top list of Scrap Metal Prices in Michigan Per Pound:
1. Aluminum: Aluminum is one of the most commonly scrapped metals due to its value and abundance. This metal can be found in many places, such as soda cans, aluminum siding, and gutters. The average price for aluminum is $0.30 per pound.
2. Copper: Copper is another valuable metal that is often scrapped due to its high value. This metal can be found in electrical wiring, plumbing pipes, and old radiators. The average price for copper is $2.00 per pound.
3. Steel: Another commonly scrapped metal is steel, which can be found in appliances, cars, and construction materials. The average price for steel is about $0.05 per pound.
4. Brass: Brass is another commonly scrapped metal that can be found in old doorknobs, plumbing fixtures, and brass instruments. The average price for brass is about $1.00 per pound.
5. Zinc: Zinc is a valuable metal that can be found in cars, batteries, and other scrap metal items. The average price for zinc is about $0.60 per pound.
6. Gold: Gold is one of the most valuable metals, especially during times of economic instability or crisis. This metal can be found in jewelry and old electronics. The average price for gold is about $50.00 per ounce.
7. Platinum: Another valuable metal that can be found in jewelry and old electronics is platinum. The average price for platinum is about $80.00 per ounce.
8. Silver: Silver is another valuable metal that can be found in coins, jewelry, and other scrap metal items. The average price for silver is about $20.00 per ounce.
9. Titanium: Titanium is another valuable metal that can be found in certain cars and other scrap metal items. The average price for titanium is about $8.00 per pound.
10. Lead: Lead is a less commonly scrapped metal, but it can still be found in old batteries, pipes, and other scrap metal items. The average price for lead is about $0.50 per pound.
Laws Guiding The Sale of Scrap Metals in Michigan
Factors that Affect the Price of Scrap Metals in Michigan
The global market for commodities
The global market for commodities often influences the price of scrap metals. When the price of copper, steel, and other metals rises or falls on global markets, the price of scrap metal will follow suit. If there is high demand for these metals, their scrap versions will also be higher.
Purity and condition of the metal
A number of factors determine the price of scrap metal, but the purity and condition of the metal are two of the most important.
The higher the purity of the metal, the higher the price will be. It takes more work to separate the pure metal from the impurities, so the buyer is paying for the extra labour.
The condition of the metal also affects its price. If the metal is corroded or rusted, it will be worth less than if it is in relatively good condition. This is because it will take more time and effort to clean and process the metal.
Weight of the metal
The weight of a scrap metal affects its price because the heavier it is, the more valuable it is assumed to be. Heavier metals also yield a higher price per pound. For this reason, a scrap metal dealer will pay more for a pound of scrap copper than they will for a pound of aluminium.
| Metal | Price Per Pound |
|---|---|
| Aluminum | $1.19 |
| Aluminum Alloy | $1.06 |
| Copper | $4.33 |
| Brass | $3.37 |
| Lead | $1.03 |
| Nickel | $9.05 |
| Tin | $18.21 |
| Zinc | $1.51 |
Scrap Copper Prices in Michigan
| Metal | Price Per Pound |
|---|---|
| #1 Bare Bright Copper Wire | $3.79 |
| #1 Copper Tubing | $3.54 |
| #1 Flashing Copper | $3.54 |
| #2 Copper Tubing | $3.34 |
| #2/3 Mix Copper | $3.24 |
| #3 Copper with Tar | $3.03 |
| #3 Roofing Copper | $3.13 |
| Dirty Roofing Copper | $2.93 |
| Electric Motors – Copper | $2.63 |
| Enameled Copper | $2.98 |
| Insulated Copper Wire | $3.03 |
| Lead Coated Copper | $2.56 |
| Silver Plated Copper | $3.24 |
| Tin Coated Copper | $2.83 |
| Tin Insulated Copper Wire | $2.83 |
Scrap Aluminum Prices in Michigan
| Metal | Price Per Pound |
|---|---|
| Aluminum 1100 | $0.82 |
| Aluminum 3003 | $0.82 |
| Aluminum 356 Wheels (clean) | $0.82 |
| Aluminum 356 Wheels (dirty) | $0.58 |
| Aluminum 5052 Scrap | $1.11 |
| Aluminum 6061 Extrusions | $0.73 |
| Aluminum 6063 Extrusions | $0.96 |
| Aluminum 6063 Extrusions/Fe | $0.70 |
| Aluminum/Cu Radiators | $1.93 |
| Aluminum/Cu/Fe Radiators | $1.79 |
| Aluminum Radiators | $0.46 |
| Aluminum/Fe Radiators | $0.35 |
| Transformers | $0.20 |
| Breakage 50% Recovery | $0.26 |
| Chrome Wheels | $0.77 |
| E.C. Wire | $1.27 |
| Litho Sheets | $0.82 |
| Mixed Turnings | $0.48 |
| MLC Clips | $0.81 |
| Aluminum Old Cast | $0.79 |
| Aluminum Old Sheet | $0.77 |
| Painted Siding | $0.76 |
| UBC | $0.81 |
| Zorba 90% NF | $0.77 |
| Aluminum Cans (clean) | $0.60 |
| Aluminum Cans (dirty) | $0.30 |
Scrap Brass Prices in Michigan
| Metal | Price Per Pound |
|---|---|
| Red Brass | $2.16 |
| Yellow Brass | $1.95 |
| Brass Rod | $2.11 |
| Brass Hair Wire | $2.26 |
| Brass Pipe | $2.05 |
| Brass Radiators | $1.75 |
| Brass Shells | $1.94 |
| Brass Turnings | $1.98 |
| Bronze | $2.36 |
| Bronze Turnings | $1.23 |
| Dirty Brass | $1.03 |
| Dirty Brass Radiators | $1.03 |
| Plumbers Brass | $2.05 |
| Semi-Red Brass | $2.09 |
Scrap Bronze Prices in Michigan
| Bronze | $2.36 |
| Bronze Turnings | $1.23 |
Scrap Iron Prices in Michigan
| Metal | Price per Gram | Price per Troy Ounce |
|---|---|---|
| Palladium | $41.66 | $1,295.68 |
| Platinum | $22.24 | $691.76 |
| Silver | $0.58 | $18.13 |
Scrap Lead Prices in Michigan
| Metal | Price Per Pound |
|---|---|
| Lead Batteries | $0.21 |
| Lead Shot | $0.49 |
| Lead Wheel Weights | $0.31 |
| Solid Lead | $0.65 |
| Soft Lead | $0.67 |
Scrap Steel Prices in Michigan
| Metal | Price Per Pound |
|---|---|
| #1 Bundle | $0.12 |
| #1 Busheling | $0.13 |
| #1 HMS | $0.09 |
| HMS 80/20 | $0.08 |
| Sheet Metal | $0.07 |
| Shredded Auto Scrap | $0.10 |
| Structural Steel | $0.09 |
Scrap Prices for Stainless Steel per Pound
| Metal | Price Per Pound |
|---|---|
| 201 SS | $0.33 |
| 301 SS | $0.56 |
| 304 SS Solid | $0.80 |
| 304 SS Turning | $0.69 |
| 309 SS | $1.04 |
| 310 SS | $1.57 |
| 316 SS Solid | $1.04 |
| 330 SS | $2.57 |
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