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I Forge Iron

Price per pound.


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Hey all, I found a scrap yard here in Greenville NC that will sell his metals. He gave me a price at .20 cent a pound, it looks to be structural steel (round and square bar stock, sheets of steel, 3ft lenghts of RR track, I beams(various sizes and lengths) Angle(all kinds).

How does this price sound?

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$0.20 per pound is what the steel yard charges for drops in the dumpster (new material). Scrap yard is $100.00 per ton for processed steel (4 foot lengths or less) or $0.05 per pound, rust included. That price changes each week depending on how the market fluxuates. Just a few weeks ago it was as low as $60.00 per ton.

One scrap yard uses a short ton and the other scrap yard in the area uses a long ton. That is some 200 pounds difference. You need to ask which ton is being measured.

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