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Iron Scrap Prices in the U.S. and Canada

Price Updated on February 25, 2026

The prices listed below are national average prices paid by scrap yards in the U.S.A. Prices are collected from scrap yards directly and updated bi-weekly.

United States Iron Scrap Buy Price Index

MaterialAverage PriceHigh PriceLow PricePrice UnitPrice Date
Unsorted Iron Scrap150150150USD/NT25-Feb-2026
#2 HMS UnPrepared Iron Scrap37.7537.7537.75USD/CWT23-Feb-2026
Torch Iron82.5182.5182.51USD/Ton20-Jan-2026
Cast Iron Scrap103.68103.68103.68USD/CWT15-Aug-2025
Mixed Cast Iron Scrap105105105USD/GT29-Apr-2025
Long Iron Scrap81.0281.0281.02USD/NT05-Mar-2025
Short Iron Scrap98.1598.1598.15USD/Ton14-Feb-2025
#1 Prepared Iron117.44117.44117.44USD/LB13-Jan-2025
#1 Unprepared Iron102.12102.12102.12USD/LB13-Jan-2025
Sheet Iron114.58114.58114.58USD/LB13-Jan-2025
Mixed Iron Scrap64.0364.0364.03USD/LB23-Jul-2024
Torching Iron140140140USD/NT20-Oct-2023
Cast Iron6767.0466.95USD/LB22-May-2023
Light Iron Scrap38.6238.6238.62USD/LB22-May-2023
Black Cast Iron165165165USD/LB05-Jan-2023
#1 HMS Prepared Iron Scrap135135135USD/GT17-Oct-2022
Light Iron Scrap0.060.060.06USD/LB05-Sep-2022
Cast Iron Scrap11.2511.2511.25USD/CWT22-Aug-2022
Cast Iron Scrap11.0111.0111.01USD/LB20-Jul-2022
Light Iron Scrap5.925.925.92USD/CWT20-May-2022
Sheet Iron Scrap0.060.060.06USD/LB05-Oct-2021
Sheet Iron Scrap226.72226.72226.72USD/NT10-Aug-2021
Stove Cast/Sewer Cast120120120USD/PT03-Aug-2021
Cast Iron Scrap0.160.160.16USD/MT03-Jul-2018
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  • "Average Price" indicates the average iron scrap price paid by all scrap yards in U.S. cities listed.
  • "High Price" indicates the average for the highest iron scrap price paid by all scrap yards in U.S. cities listed.
  • "Low Price" indicates the average for the lowest iron scrap price paid by all scrap yards in U.S. cities listed.

Frequently Asked Questions

  • What is the current price of iron scrap in the U.S.?
  • The average price for iron scrap in the U.S. was $67.99/lb on February 25, 2026
  • How much money is 1 lb of iron scrap in the U.S.?
  • The price of scrap aluminum in the U.S. varies, but it's generally around $0.06 to $165 per lb.
  • What is 1 ton of iron scrap worth in the United States?
  • The value of 1 ton of iron scrap in the USA varies widely based on several factors. However, current prices range from around $120 to $330000 per ton.

Canada Iron Scrap Buy Price Index

MaterialAverage PriceHigh PriceLow PricePrice UnitPrice Date
Cast Iron Scrap215215215USD/NT26-Oct-2022
Black Cast Iron120120120USD/MT22-Jun-2022
White Cast Iron118118118USD/MT22-Jun-2022
Cast Iron Scrap0.120.120.12USD/LB09-Dec-2021
Cast Iron198.12198.12198.12USD/NT17-Aug-2021
Cast Iron Scrap322.38322.38322.38USD/MT26-May-2018
  • "Average Price" indicates the average iron scrap price paid by all scrap yards in Canada cities listed.
  • "High Price" indicates the average for the highest iron scrap price paid by all scrap yards in Canada cities listed.
  • "Low Price" indicates the average for the lowest iron scrap price paid by all scrap yards in Canada cities listed.

Frequently Asked Questions

  • What is the current price of iron scrap in the Canada?
  • The average price for iron scrap in the Canada was $0.12/lb on February 25, 2026
  • How much money is 1 lb of iron scrap in the Canada?
  • The price of scrap aluminum in the Canada varies, but it's generally around $0.12 to $0.12 per lb.
  • What is 1 ton of iron scrap worth in the Canada?
  • The value of 1 ton of iron scrap in the Canada varies widely based on several factors. However, current prices range from around $240 to $240 per ton.
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