What is the Average Cost of Iron per Ton/Pound/Ounce? Average Iron Price

Iron is a type of metal that has many uses in our everyday lives. For example, wrought iron is used for outdoor furniture, decorative outdoor details etc. Iron is also used in what is known as alloyed steel. Alloyed steel is used in construction, automobiles and storage buildings. Cast iron is used for kitchen items, such as skillets, cake pans and the like. There are a number of other types of iron used in our everyday items as well. The average cost of iron is $2 a pound.