Current Scrap Metal Prices at Portland Iron & Metal
As of Friday, September 26, 2014
We buy all consumer scrap on a 2000# Net Ton increment, because most people think in terms of Net Ton rather than Gross Ton which is 2240#. We have provided both pricing for comparison.
Scrap Iron Prices edge back upwards in Portland, MI Area – Scrap Iron $195 Per Net Ton
REMEMBER – Effective July 1, 2014 the Michigan Scrap Metal Theft Bill(PA 99 of 2014 & HB 4593) requires all scrap purchases of Copper/Coated Copper Wire, Air Conditioning whole/parts and Catalytic Converters of greater than the cumulative total of $25 per visit/per day be held for three days. The check must then be mailed to the address on your ID card. It cannot be picked up.
Picture ID, Fingerprint, Vehicle License Plate number, Signature, Photo and Certification of Ownership are required.
Prices are subject to change without notice and per pound unless otherwise noted. Pricing is also based on scrap material meeting ISRI or PIM specifications. Steel Prices generally remain for the month, whereas non-ferrous prices could change on any day.
The higher price range is for Volume of >2000# and/or Regular customers
|#1 Copper||$2.55 – $2.60||Sheet Iron – Shredder||$195/NT = $219/GT|
|# 2 Copper||$2.35 – $2.40|
|Batteries||$0.26||5′ heavy melt Steel||$220/NT = $248/GT|
|Aluminum Sheet||$0.50 – $.55|
|Alum. Trans./Mix Cast CLEAN||$0.50 – $.55||Whole Motors 350#||$220/NT = $248/GT|
|Aluminum Ext. <3′||$0.62 – $.67|
|Whole Transmission (130# each) qty/25||$28.00||Whole motors – Cast iron blocks w/aluminum heads/intakes||$250/NT = $281/GT|
|Aluminum Wheels (no Cr/stems/Pb)||$0.73 – $.78|
|Red Brass||$1.81 – $1.86||Clean Auto Cast||$265/NT = $298/GT|
|Yellow Brass||$1.55 – $1.60|
|Auto radiators||$1.58 – $1.63|
|Copper Aluminum Radiators||$1.15 – $1.20||Torch Steel/Breakable Cast/Shearable Steel||$165/NT = $186/GT|
|Copper Electric Motors||$.18|
|Non-Magnetic Stainless Steel||$.43 – $.48|
Portland Iron & Metal Inc
3130 Knoll Rd POB 454
Portland, MI 48875