Do you want to eliminate a scrap mound that is taking up valuable space around you? Earn a significant amount of money by selling unwanted items. In the following section of the article, we will discuss the highest-paying scrap metal items.

Table of Contents

Finding the Highest Paying Scrap Buyers

Consider the following key factors to find the highest-paying junk buyer.

Local Scrap Yards:

It is convenient for selling junk or unwanted metals. Local junkyards often accept a wide range of items at a good price. Before visiting any nearby yard, it is essential to ensure the store’s reviews, reputation, and customer satisfaction.

Online Scrap Marketplaces:

In today’s digital world, online platforms are considered the easiest option for selling scrap. These online platforms offer a chance to connect sellers and buyers worldwide. You can get a higher price for your junk material by exploring and market research.

Specialized Buyers:

The value of all waste items is different, and some are more valuable than others. For example, some buyers specialize in certain types of trash. You should find specialized buyers because they have in-depth product knowledge and offer higher prices.

Negotiation:

If you want a higher price for your material, bargain with the seller. Be confident, and there is no need to be afraid of negotiating.

Related Post: What Are The Latest Scrap Prices?

What Is the Highest Paying Scrap Metal?

Aluminum:

This year aluminum is the most profitable scrap item because it is versatile. Aluminum is used in many things, such as window frames, food cans, cars, soda cans, doors, siding, door gutters, etc.

Copper:

Copper is the most demanding and valuable item in the scrap yard. It has been used in different industries, such as wires, fixtures, kitchen sinks, pipes, etc.

Brass:

Brass is less used in the home compared to the other items. However, you can find it in many products, such as candlesticks, bed springs, trophies, door locks, and hinges.

Platinum Jewelry:

It is a valuable junk item because it doesn’t tarnish. It is found in necklaces, rings, and bracelets. Platinum is not only used in jewelry but also in cigarette cases, automotive converters, barware, laboratory equipment, and medical testing devices.

Used Appliances

Save large appliances as scrap because they have great demand. You can earn a few more dollars by selling stoves, dryers, fridges, and washers.

Scrap Metals Paying Over $3 a Pound

Metal Name	Average Price ($)
CPU Processor Chips	3 to 30/lb
Ferro Molybdenum	8/lb
9ct Gold Scrap	450/lb
Computer Memory Chips	3-$7/lb
Tantalum	15 to 30/lb
18ct Gold Scrap	900/lb
Silver	12 to 15/lb
Carbide	3 to 5/lb
14ct Gold Scrap	700/lb
22ct Gold Scrap	1000+/lb
Pure Tin	8/lb

Scrap Metals Worth Over $2 Per Pound

Metal Name	Average Price ($)
Bare Bright Wire	2 to 3/lb
Nickel	2 to 3/lb
Cell Phones Without Battery	2 to 3/lb
PC Motherboards	2 to 2.50/lb
Copper	2 to 3/lb
Inconel	1 to 3/lb
Insulated Wire	2 to 2.30/lb
Tin Solder	2 to 4/lb
Transformer Winding	2

Scrap Metals Worth Over $1 Per Pound

Metal Name	Average Price ($)
Copper Wire	1 to 1.50/lb
Stainless Steel	1 to 1.80/lb
Lithium Ion Battery	1.50/lb
Brass	1 to 2

How To Find a Scrap Metal Yard Near Me?

Google Search
YellowPages.com
iScrap App
Online Directories

FAQ

Q. Why are scrap metals valuable?

They are valuable because many industries melt old materials and reproduce different products.

More from Make Money:

Who’s Paying The Most For Scrap?