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How Much Steel Per Pound?

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1 penny a pound right now.
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As of June 4, 2009 - (price ranges below)
No.1 Steel Scrap (HMS1)  208.00   260.00  ton  USD  
No.1 Steel Scrap (2 foot)  228.80   286.00  ton  USD  
Special Scrap Plate Punchings  249.60   312.00  ton  USD  
No.2 Steel Scrap  187.20   234.00  ton  USD  
No.2 Steel Scrap (2 foot)  197.60   247.00  ton  USD  
No.3 Steel Scrap (Unprepared Bushling)  176.80   221.00  ton  USD  
No.4 Steel Scrap (Silicon Bushling)  156.00   195.00  ton  USD  

Source: Steel Prices

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