How Much Is a Pound of Scrap Aluminum Worth?

Aluminum is a widely recycled metal. Its value as scrap material fluctuates based on various market dynamics. Understanding these influences helps individuals and businesses realize the full potential of their aluminum waste. The worth of a pound of scrap aluminum is determined by global market forces and specific characteristics of the material itself.

Understanding Current Market Prices

The price of scrap aluminum is closely linked to international commodity markets, experiencing daily or weekly shifts influenced by supply and demand. These market fluctuations mean the value can vary significantly over time and across different geographic locations. To ascertain current local prices, consult online scrap metal market indexes, mobile applications, or contact local recycling centers. National average prices for aluminum scrap have ranged from $0.05 to $2.22 per pound, depending on the type and cleanliness.

Key Factors Influencing Value

Several factors determine the per-pound value of scrap aluminum. The purity of the aluminum alloy is a primary determinant, with higher purity generally commanding better prices. Contamination significantly reduces value, meaning the absence of non-aluminum materials such as steel, plastic, or dirt is crucial. Furthermore, the form or grade of the aluminum, whether it is extruded, cast, or in sheet form, affects its worth. The quantity of aluminum being sold can also influence the price, with larger volumes sometimes fetching slightly higher rates.

Valuing Different Aluminum Types

The principles of purity and cleanliness apply to the valuation of common aluminum scrap types. Aluminum beverage cans are a widespread form of scrap, valued differently due to their uniform composition. Clean aluminum extrusions, found in window frames or structural components, command higher prices than mixed or contaminated aluminum. Cast aluminum, including items like engine parts or barbecue grills, has a specific value based on its alloy composition and density. Aluminum siding and wheels are distinct categories, with wheels fetching a higher price if free of non-aluminum attachments. Types like clean extrusions or specific alloys offer better returns compared to aluminum foil or heavily contaminated pieces.

Preparing Your Aluminum for Sale

Maximizing the value of your scrap aluminum involves several preparation steps before visiting a scrap yard. Sorting aluminum by type, such as separating beverage cans from window frames or cast aluminum, is an important initial step. Removing non-aluminum attachments like steel screws, plastic components, rubber seals, or insulation is essential, as these contaminants can significantly decrease the material’s value. Cleaning the aluminum by removing dirt, grease, or other residues enhances its appeal and price. Consolidating the material into manageable bundles or containers simplifies transport and weighing at the recycling facility.

Locating and Working with Scrap Yards

Finding a local scrap metal recycling center or yard is straightforward through online searches or local business directories. Before visiting, call ahead to confirm operating hours, accepted materials, and any specific requirements. At a scrap yard, material is weighed on a certified scale. Facilities require sellers to present a valid state-issued identification, such as a driver’s license. Payment methods include cash, check, or electronic transfer.