What is the current price of steel per pound?

What is the current price of steel per pound?

Scrap Metal Scrap Price Updated Price Date
Copper National Average $3.41/lb Updated 01/14/2022
Steel National Average $213.00/ton Updated 01/14/2022
Aluminum National Average $0.65/lb Updated 01/14/2022

How much is scrap metal going for in the state of Michigan?

Scrap Metal Prices in Michigan, United States

Aluminum Scrap
Material Average Price Price Date
6061 Aluminum Scrap 0.52 2021-10-05
6063 Aluminum Scrap 0.56 2021-10-05
Aluminum Car Rims Scrap 0.52 2021-10-05

How much is scrap metal per pound in Michigan?

Chase Division Material Pricing Information

ALUMINUM
Material Per Pound
Clean Wheels (No valves, weights or chrome) $0.88
Unclean Wheels (With valves, weights or chrome) $0.63
Aluminum Clad Wheels (Aluminum Wheels with Plastic) $0.52

Is scrap up or down?

Steel and ferrous scrap prices have been rising steadily—and at times rapidly—in the last eight months. Shredded scrap, according to RMDAS figures, has risen by 50.7 percent from $298 per ton in November 2020 to $449 per ton this May.

What is number one steel?

The definition for no. 1 heavy melting is wrought iron and/or steel scrap 1/4 inch and over in thickness. Individual pieces not over 60 x 24 inches (charging box size) prepared in a manner to insure compact charging, as specified by the Institute of Scrap Recycling Industries.

Is steel prices going to drop?

Indian HRC, or hot rolled coil, prices have fallen by ₹7,200 per tonne from the near-term peak in October 2021, said analysts from Nomura Financial Advisory and Securities (India) in a report on 20 December. The brokerage points out that steel prices are still at a premium to import prices from China.

Why sell scrap metal with Padnos?

In all operations, reducing waste and preventing pollution is a priority. (PADNOS reserves the right to refuse hazardous materials.) If you’re selling scrap metal and want competitive pricing, quick payment, timely scheduling, on-schedule pickup service, and clear reporting, then contact PADNOS.

Why choose Padnos for auto shredding?

By separating nonferrous metal from waste contained within raw auto shredder residue, the amount of nonmagnetic metal sent to landfills is greatly reduced. PADNOS has shears and shredders to manage destruction of anything from automobiles and appliances to proprietary parts.

What is the processing infrastructure at Padnos?

PADNOS has a comprehensive processing infrastructure that includes: PADNOS operates one of only two hot briquetting operations in North America. During this process, cast iron borings and steel turnings are combined with other materials to create a solid briquette with less than 1% moisture content.

Why work at Padnos?

PADNOS sells circuit boards and other assets from scrap electronics to buyers far beyond our Michigan home. Explore career opportunities in scrap management at PADNOS. Are you a highly motivated problem solver with a strong work ethic and an enthusiastic, collaborative spirit?

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