Scrap metal prices vary depending upon which scrap metal dealer that you take your scarp metal to, and what day that you visit. Because metal markets move up and down each day just like your stock portfolio, so does the price for scrap metal.
Scrap metal prices between scrap metal recycling yards are usually within a five to ten cents per pound of one another, but they could also vary as much as a dollar per pound. The reason for the differences for the price of scrap metal may depend upon several things.
1) One scrap metal yard may have a large standing order for something like insulated copper wire and they need to fill that order, so they may be more willing to pay you more money for your scrap copper wire than another scrap metal buyer is willing to pay you.
2) A scrap metal buyer may have no competition in his area, therefore they feel that they do not have to pay you as much for your scarp metal because you have to drive a long distance to take your metal somewhere else.
3) A scrap metal buyer may have lower overhead than his scrap metal competitor down the street so they can afford to pay you less and keep a smaller margin for themselves and ultimately giving you more for your scrap metal.
4) Scrap metal buyers may not be aware that the prices for scrap metal have dropped and end up paying you too much for your scarp metal that day.
These are just a few reasons for the differences in price for scrap metal prices in Phoenix. For more information on today’s scrap metal prices in Phoenix, or scrap metal prices in Tempe, scrap metal prices Mesa, please visit on of the largest scrap metal buyers in Arizona www.i-buy-scrap.com
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