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Scrap Iron Price – Updated Guide Per Kg 2022

Iron is a metal that is often used in construction, especially for building materials and metal bridges.

Iron has many unique properties despite its relatively low price point.

For example, it’s malleable and strong, as well as durable against corrosion with less maintenance than other metals.

Its popularity makes it one of the most commonly recycled metals in the world.

Now when you have lots of items made of Iron such as old radiators, grills and old car parts you can turn them into cash at scrap yards across the United States.

Many different projects need Iron from bridge repairs to building construction to railroad crossing gates.

Iron is a necessity and can be found everywhere in everyday use.

What is the price of scrap Iron per Kg?

On the West coast Iron is one of the most commonly collected metals due to its abundance and low price point.

It can be found anywhere from old buildings to train tracks, most scrap yards deal with iron in the form of rusted pieces.

A typical weight of a car part made from iron is about 70 pounds and if you want to get cash for scrap then your project must be large enough for at least that much Iron.

Since it’s such a common metal, it doesn’t really fetch high prices in the market.

Also, the amount of money you’re likely to make from scrap Iron will depend on the location you’re selling at.

The price of scrap Iron per Kg varies from place to place and even from dealer to dealer but generally the price ranges depends on the type.

Cast Iron may cost around $0.06 to 0.07 per pound while light Iron could go for as little as $0.03 per pound.

Keep in mind, that price could be much lower if you are selling at small scale scrap yards.

If you want to make real money from scrap Iron, you will need to have several tons of Iron.

To be able to make easy money from scrap Iron you will need to have several tons worth or more of Iron.

As you can see the price per Kg is high but it depends on the quality of Iron.

The price also is determined by how much work it takes to extract the Iron out of rusted pieces and if it’s completely free of other minerals in the scrap yard.

What materials can be recycled?

Iron can be found in everything from cars to grills to handrails and fence posts.

The common practice in most scrap yards is to crush all of the pieces of Iron into small chunks and then use magnets to extract the Iron from these chunks.

Magnets are used because Iron has an opposite charge as most other metals, meaning it can be easily separated out with a magnet if you know what you’re doing.

Some of the common items that contain Iron which can be recycled include:

  • Railings
  • Iron grills
  • Old tools
  • Old cars, including body panels and license plates
  • Bridges and buildings (If it’s made of steel, probably)

The list is endless and is open to interpretation.

These are just some examples of things that can be recycled.

Iron is a very common metal so there are many other things out there.

However, it is important to remember that if something contains a lot of good materials like aluminum or copper then you will be better off selling them separately because those materials will have a higher value than the Iron in the item.

How to repurpose scrap Iron

Iron is something that’s plentiful and easy to find.

You’ll most definitely find a couple of items at home that are made of Iron.

Let’s see how you can repurpose scrap Iron into something different and useful.

Wrought Iron furniture 

This is the most common way to reuse scrap Iron especially if you don’t have large amounts of it.

We all need furniture at home for storage and seating purposes.

Wrought Iron is something that’s commonly used in homes, especially in bar areas where it is used to make everything from chairs to tables.

You could take this idea further and design intricate mechanisms with scrap Iron.

Plant stand

If you have a small garden then there are all sorts of things that can be made from scrap Iron to help you out in the garden.

One of them is an iron plant stand to support heavy potted plants and flowers.

You can find the perfect piece at home like old railings or fences and make something useful out of it.

Iron benches

Outdoor areas as just as essential and important as indoor ones.

You can make an Iron bench for use outside your house or in the garden.

Again you can find pieces of Iron from old railings, fences or even handrails.

Once you have these pieces, you can design your own bench and paint it the way you want to or leave it raw if you like rustic designs.

Iron furniture is a great way to reuse scrap iron because there are so many things that can be made from scrap Iron and everyone needs furniture at home.

Final Thoughts

Iron is a very common, strong and versatile metal you can find almost anywhere in the world.

Its most common uses are in cars, bridges and building construction.

Scrap Iron is one of the most commonly recycled metals as there are many old cars that get destroyed from time to time.

If you want to recycle Iron then you will need to find a scrap yard near you that deals with Iron in particular.

You can find these yards on the internet or go door-to-door in your local neighborhood and ask around.

FAQs

Is Iron worth money?

While Iron is worth some money, you won’t get much for it at most scrap yards.

You’ll have to have a large amount of Iron and that means several tons at least.

To make good money from scrap Iron you will need to go through some effort in order to get it.

Is Iron more valuable than gold?

Iron is not as valuable as gold or silver but it does have its own uses in the construction and engineering industries.