A pound of scrap brass currently (April 2011) sells for around £1.35. Current rates for scrap brass are around £2600 to £2800 per ton. Rates for scrap metal fluctuate every few days.
Selling scrap metal is one of those esoteric things that can be very profitable if you can put the time in. Brass is known as a non-ferrous metal. Ferrous is chemistry jargon for ‘contains a large amount of iron’. As Brass is non-ferrous, it does not. On the whole non-ferrous metals are worth more in the market as most of them reach into quadruple figures if you’re working it out by the ton. Ferrous metals struggle to breach £200, so if you’re interested in scrap exchange, non-ferrous metal is where the money is.
To calculate the price of scrap brass by the pound, simply divide the current price of a ton by 2000 as there are 2000 pounds to 1 ton.
There are several websites that serve for the trading of scrap metals where traders can communicate and learn more about their trade. www.letsrecycle.com keeps the prices for various substances from metals and plastics to textiles and organics up to date and is updated every few days.
Brass is the mid-range in the market of non-ferrous metals, with the cheapest substance being aluminum foil at only £60 per ton. The most expensive of the non-ferrous variety is dry bright wire, selling at £4900 per ton. That’s going to be a lot of wire.
Naturally, prices change and vary depending on demand and the economy. Different traders will give different prices depending on where they are and how much they need/already have. If you’re trading in the US, the prices will differ in each state.
For more information on the prices of scrap brass and various other metals, see this site: www.metalprices.com/
Selling scrap metal is one of those esoteric things that can be very profitable if you can put the time in. Brass is known as a non-ferrous metal. Ferrous is chemistry jargon for ‘contains a large amount of iron’. As Brass is non-ferrous, it does not. On the whole non-ferrous metals are worth more in the market as most of them reach into quadruple figures if you’re working it out by the ton. Ferrous metals struggle to breach £200, so if you’re interested in scrap exchange, non-ferrous metal is where the money is.
To calculate the price of scrap brass by the pound, simply divide the current price of a ton by 2000 as there are 2000 pounds to 1 ton.
There are several websites that serve for the trading of scrap metals where traders can communicate and learn more about their trade. www.letsrecycle.com keeps the prices for various substances from metals and plastics to textiles and organics up to date and is updated every few days.
Brass is the mid-range in the market of non-ferrous metals, with the cheapest substance being aluminum foil at only £60 per ton. The most expensive of the non-ferrous variety is dry bright wire, selling at £4900 per ton. That’s going to be a lot of wire.
Naturally, prices change and vary depending on demand and the economy. Different traders will give different prices depending on where they are and how much they need/already have. If you’re trading in the US, the prices will differ in each state.
For more information on the prices of scrap brass and various other metals, see this site: www.metalprices.com/