Steel and iron scrap prices today
Estimated scrap yard prices for steel and iron on November 5, 2026, per pound. Based on today's market. What your yard pays depends on your area, the grade and how clean it is.
Starting estimates. Live prices update every weekday morning.
| Grade | Est. yard price | Change |
|---|---|---|
| Light iron / sheet steel | $0.08/lb | – |
| Heavy melting steel (HMS) | $0.09/lb | – |
| Cast iron | $0.10/lb | – |
Get the top price
- Steel is paid by weight, so heavy, thick pieces (HMS) beat thin sheet.
- Pull copper, brass and aluminum off steel first. They're worth many times more on their own.
Not sure which grade you have?Snap a photo in MetalMint. It grades it, weighs a pile from the photo and prices it at these numbers. Then it shows what yards near you have been paying.Try MetalMint free
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These are estimates from market prices, not quotes. Call your yard for today's price.