What Is The Average Cost Of Scrap Aluminum Per Pound/Ton? Average Scrap Aluminum Price?

The average cost of scrap aluminium is $0.50 per pound. The price of scrap aluminium fluctuates almost on a daily basis, depending on the market and location. Aluminium scrap is used for recycling process because of their optimum usage, high competitive price, lightness, corrosion resistance and strength. Aluminium weigh generally around a third of the weight of a similar weighing steel component and with much better corrosion resistance. The different types of scrap include rod, plate, wire, cable, wheel, shredded, clipping, heavy, die cast, girder, can tank and mix materials.