What is the range of iron scrap prices? Today, iron prices sit in a range trending around $. 04 per pound or $92 per ton.
How Much Does Scrap Wrought Iron Sell For? The price of scrap metal recycling varies from one state to another in the United States. You can get the exact and current price from your local recycling center. The general price per pound for scrap wrought iron is $4.30.
Unlike some other buyers that limit themselves to certain types of metals, we purchase all sorts of metals, including ferrous and non-ferrous metals, industrial metals, high temperature alloys, and precious metals. We're committed to providing all our customers with top dollar for their scrap metal.
It's scrap value is negligible but folks in the know prefer antique cast iron to buying new. Cast iron is made by pouring molten iron into a sand mold. After cooling, the sand is broken away, it's cleaned, de-burred, and coated in oil so it won't oxidize in shipping.
One of the most surprising valuables around your home may be cast-iron cookware. Worth from $15 to $1,500, this is stuff you rarely want to sell at a yard sale. Fortunately, cookware is usually marked on the bottom with the name of the maker and the catalog or size number.
Supply and Demand
The demand for metal in various sectors such as industrial, construction, and technology affects costs. For example, a metal that's high in demand but low in supply will garner a much higher price at a scrap yard. Conversely, a metal that's in low demand and high supply won't be worth as much.
Cost. Cast iron is often cheaper than cast steel because of the lower material costs, energy, and labor required to produce a final product. Raw steel is costlier to purchase, and it requires more time and attention to cast.
What is the range of iron scrap prices? Today, iron prices sit in a range trending around $. 04 per pound or $92 per ton.
The difference between wrought and cast iron is straightforward: Cast iron has been melted, poured into a mold and allowed to cool. Wrought iron has been heated and worked with tools. (FYI, the term “wrought” traces its origins to the word “worked.”)
The price of iron rods per kg is calculated based on several factors, including the cost of raw materials (iron ore), manufacturing expenses, transportation, and any taxes or tariffs.
How many IRON can I buy for $1? You can buy approximately 7025.03 IRON for $1 today.
It is no great fun stripping wire down, especially by hand, but consider the fact that “Clean Copper Wire” can bring 50 to 100 percent higher return when sold than insulated wire and you'll realize it is worth the investment in time or, even better, a Copper Wire Stripper.
Positive expectations for the January 2025 ferrous scrap market. The trend indicator for January 2025 edged up to 57.6, indicating a bullish sentiment for scrap prices. This is equivalent to an expected scrap price change of +1.5% month-over-month.
Ferrous metals, such as steel and cast iron, generally fetch lower prices at the scrapyard due to iron being so common and difficult to refine. Non-ferrous metals, on the other hand, are less common, more malleable and greatly resistant to corrosion.
Iron Ore decreased 2.28 USD/MT or 2.20% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Iron Ore reached an all time high of 219.77 in July of 2021.
Steel & Iron
Light Iron – $0.01 per lb. Cast Iron – $0.02-0.35 per lb. Whole Cars – $0.02-0.03 per lb. Motorcycles – $0.03-0.45 per lb.
The long lifespan of cast iron along with the growing demand for second-hand instead of new makes vintage cast iron a common find in the antique market. The value of antique cast iron skillets can start at similar to new prices, but a super rare Wagner or Griswold can fetch up to $1,500 apiece.
You'll get best results by cooking moist, acidic foods like applesauce, chili, tomato sauce, stew, and scrambled eggs. As a rough rule of thumb, one cup of these foods will gain about six to eight milligrams of iron after being cooked in cast iron cookware.