Scrap Metal Prices Per Pound In Mississippi

Have you ever wondered what happens to all the metal scraps we produce in Mississippi, USA? You know, things like old cans, broken jewelry or even old cars? Well, it turns out that there is actually a very lucrative industry surrounding metal scraps.

The US is home to various metals that can be scrapped, and their values vary greatly. Below are a list of the best common scrap metal prices per pound in Mississippi, USA.

Table of Contents

Laws Governing the Trading of Scrap Metal in Mississippi

Scrap metal is widely an important business that can generate a high amount of profit. However, before you set up your own scrap metal business in Mississippi, make sure that you know the does and don’ts in establishing such. There are laws that mainly focus on the selling and buying of scrap metal.

If you want to establish a scrap metal business in Mississippi, you need to ask for a permit from the government before you can start your business.

Mississippi has fairly standard laws in most aspects. We have been through the laws that control the buying and selling of scrap metal in Mississippi and summarized all the key things you need to know before you go to the scrap yard. Firstly, a law that sets Mississippi apart from other states is the way that payments are dealt with. There is no cash given for scrap metal in Mississippi. The payment can be made via bank transfer or by check that will be sent to the address on your driving license.

That takes me to the next important point. Do not forget your driving license. A record of the transaction will be kept and a copy of your license is needed for the record. The record will also include a photo of both the material and you at the time of the transaction, a description of your vehicle and its license plate number. All this will be kept on record for a minimum of two years.

Factors that Affect the Price of Scrap Metals in Mississippi

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 labor.

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 aluminum.

Scrap Copper Prices in Mississippi

Metal	Price per Pound
Bare Bright Copper >99%	$2.54 - $2.81
Copper 1 96-98%	$2.39 - $2.65
Copper 2 94-96%	$2.51 - $2.77
Copper 3 88-90%	$2.44 - $2.7
Copper Radiators	$1.31 - $1.45
Copper Yokes	$0.39 - $0.43
Copper Transformers	$0.23 - $0.26

Metal	Price per Pound
Insulated Cable 1 (250-750MCM)	$2.02 - $2.23
Insulated Cable 2	$1.42 - $1.57
Insulated Wire 1 (Romex)	$1.22 - $1.34
Household Insulated Wire 2	$0.56 - $0.62
Computer Wire	$0.41 - $0.46
Christmas Lights	$0.17 - $0.19

Scrap Aluminium Prices in Mississippi

Metal	Price per Pound
Aluminium Wire Clean	$0.6 - $0.66
Aluminium Rims	$0.55 - $0.61
Aluminium Siding	$0.37 - $0.4
Cast Aluminium	$0.37 - $0.41
Sheet Aluminium	$0.32 - $0.36
Aluminium Turnings	$0.25 - $0.28
Dirty Aluminium (Irony)	$0.1 - $0.11
Aluminium Transformers	$0.04 - $0.05

Scrap Brass Prices in Mississippi

Metal	Price per Pound
Red Brass	$1.92 - $2.13
Yellow Brass	$1.55 - $1.72
Brass Radiators	$1.45 - $1.6
Dirty Brass Faucets	$0.51 - $0.57

Scrap Battery Prices in Mississippi

Metal	Price per Pound
PB Battery	$0.2 - $0.22

Scrap Catalytic Converter Prices in Mississippi

Metal	Price per Item
XL Foreign Cat	$367.5 - $406.18
Large Foreign Cat	$206.11 - $227.81
Medium Foreign Cat	$144.67 - $159.89
Small Foreign Cat	$112.28 - $124.1
Foreign Pre-Cat	$58.22 - $64.35
High Grade Domestic Cat	$169.68 - $187.54
Regular Domestic Cat	$87.42 - $96.62
Small Domestic Cat	$62.98 - $69.61
Pre-Domestic Cat	$41.85 - $46.26
Large GM Cat	$200.58 - $221.7
Small GM Cat	$119.05 - $131.59

Scrap Iron Prices in Mississippi

Metal	Price per Pound
Cast Iron	$0.1 - $0.11
Light Iron	$0.04 - $0.04

Scrap Lead Prices in Mississippi

Metal	Price per Pound
Lead	$0.55 - $0.61
Lead Wheel Weights	$0.09 - $0.1

Scrap Steel Prices in Mississippi

Metal	Price per Pound
316 Stainless Steel	$0.45 - $0.5
304 Stainless Steel	$0.37 - $0.41

Cities We Cover

Jackson
Gulfport
Southaven
Hattiesburg
Biloxi
Meridian
Tupelo
Greenville
Olive Branch
Horn Lake
Clinton
Pearl
Madison
Ridgeland
Starkville
Vicksburg
Columbus
Pascagoula
Brandon