Pricing
Scrap Metal Prices Chicago - Updated May 11, 2026
These are our current scrap metal prices Chicago customers can use this week, updated May 11, 2026. Copper is running strong right now - a good week to bring in pipe, wire, or old plumbing. We pay cash on the spot at our West Side Chicago yard every day we're open. Call before hauling a large load to confirm the rate before you head in.
Non-Ferrous Prices
Prices per pound - updated weekly, may shift daily with market conditions.
| Material | Price Per Pound |
|---|---|
| Bare Bright Copper | $5.20 |
| #1 Copper | $5.10 |
| #2 Copper | $5.00 |
| Yellow Brass | $2.70 |
| Sheet Aluminum | $0.65 |
| Aluminum Cans | $0.60 |
| 304 Stainless Steel | $0.46 |
Ferrous Prices
Prices per net ton - set at the start of the month and typically stable throughout.
| Material | Price Per Net Ton |
|---|---|
| Sheet Iron | $225 |
| Clean Sheet | $270 |
| Unprepared HMS | $230 |
Scrap metal prices in Chicago follow the commodity markets, and non-ferrous metals like copper, aluminum, and brass can move day to day. The rates above are our posted prices for this week - for large loads, call before you haul. Ferrous prices are set at the start of each month and hold steady, but we're happy to confirm before you load up the truck.
Questions? Give us a call:
(773) 345-8610Hours and Location
Central Metal Recycling
5618 W. Fillmore Street, Chicago, IL 60644
Phone: (773) 345-8610
Mon - Fri: 7:00am - 4:00pm
Saturday: 7:00am - 11:00am
Sunday: Closed
Frequently Asked Questions
What is the price of copper scrap in Chicago this week?
As of May 11, 2026, we are paying $5.20/lb for bare bright copper, $5.10/lb for #1 copper, and $5.00/lb for #2 copper. Copper is up this week. These are our posted rates - call (773) 345-8610 before bringing in a large load, since non-ferrous prices can shift mid-week.
Do you pay cash for scrap metal?
Yes. We pay cash on the spot for every load, every day we're open. No waiting, no checks in the mail. Bring your metal in, we weigh it, and you walk out with cash. It's that simple.
What is the difference between #1 and #2 copper?
#1 copper is clean copper pipe or wire with no fittings, solder, paint, or insulation - the top grade and pays the best rate. #2 copper has some oxidation, solder joints, or minor contamination. It still pays well, just a step below #1 and bare bright. Not sure what grade you have? Bring it in - we'll look it over and tell you exactly what you've got.