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Price Per Pound of Aluminum. Alabama. $0.49. Alaska. $0.23. Arizona. $0.40. Arkansas. $0.36. California. $1.66 ... Scrap metal prices are determined by current market conditions and will increase ...
Copper is one of the more profitable metals: Copper prices continue to rise, hovering at $3.33 per pound. Aluminum is averaging around 98 cents a pound. Auto (tire) rims will sell for $1.05 a pound .
It involves re-melting the metal, which is cheaper and more energy-efficient than the production of virgin aluminium by electrolysis of alumina (Al 2 O 3) refined from raw bauxite by use of the Bayer and Hall–Héroult processes. Recycling scrap aluminium requires only 5% of the energy used to make new aluminium from the raw ore. [2]
US production of aluminum, 1940–2014. Data from USGS. The aluminum industry in the United States in 2023 produced 860 thousand metric tons of aluminum from refined metal ore (primary production), at six smelters. In addition, US industry recycled 3.4 million tons of aluminum (so-called secondary production aluminum). [1]
Recycled scrap is a raw material feedstock for nearly 60% of steel made in the US, almost 50% of the copper and copper alloys produced in the US, more than 75% of the US paper industry's needs, and for 50% of US aluminum.
Metal prices are the prices of metal as a commodity that are traded in bulk at a predefined purity or grade. Metal can be split into three major categories, precious metals, industrial metals and other metals. Precious metals and industrial metals are priced by trading of those metals on commodities exchanges. [1]
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