The mid-western state of Illinois has a very diverse economy and it's also one of the country's major transportation hubs. Manufacturing is the biggest driver of the economy and this results in a huge need for metal. Scrap metal therefore is very sought after in this state.
With more and more people looking to the salvaging of scrap metal to earn some extra cash it is more important than ever to now the laws and rules surrounding the sale of scrap metal. Since every state has its own laws the US can be a difficult place to sell scrap metal as each state has different laws which can be vastly different from state to state. Illinois is fairly typical for the US.
We have studied the legislature so you don't need to. We have summarized all the things that you need to remember before buying or selling scrap metal. First thing to know is that you will be required to show ID, which will be copied, and have your photo taken. Both to be kept on record. As well as you, the scrap metal that you are selling will also need to be photographed and kept on record with the transaction details and your photograph and ID. These transaction records will need to be kept on record for at least a year for all transactions over $100. The final law that you really need to be aware of when selling scrap in Illinois refers to payment. All transactions of air conditioning units that are over a hundred dollars must be paid by check.
Illinois' largest city, Chicago, has the third highest population of all the cities in the US. It holds a rich history in manufacturing and has fantastic opportunites to make a decent living from selling scrap metal. From our research we found that the best scrap yards in Chicago, Illinois are: South Chicago Iron & Metal and Windy City metal Recycling & Resources.
Below is a list of cities in Illinois for which we have looked up the latest scrap metal prices and the best scrap yards.
Metal | Price Per Pound |
---|---|
Aluminum | $1.13 |
Aluminum Alloy | $0.95 |
Copper | $4.10 |
Brass | $3.16 |
Lead | $0.87 |
Nickel | $7.53 |
Tin | $14.17 |
Zinc | $1.33 |
Last Updated On 2024-10-14
Metal | Price Per Pound |
---|---|
Aluminum 1100 | $0.78 |
Aluminum 3003 | $0.78 |
Aluminum 356 Wheels (clean) | $0.78 |
Aluminum 356 Wheels (dirty) | $0.55 |
Aluminum 5052 Scrap | $1.05 |
Aluminum 6061 Extrusions | $0.69 |
Aluminum 6063 Extrusions | $0.92 |
Aluminum 6063 Extrusions/Fe | $0.67 |
Aluminum/Cu Radiators | $1.83 |
Aluminum/Cu/Fe Radiators | $1.70 |
Aluminum Radiators | $0.44 |
Aluminum/Fe Radiators | $0.33 |
Transformers | $0.19 |
Breakage 50% Recovery | $0.25 |
Chrome Wheels | $0.73 |
E.C. Wire | $1.21 |
Litho Sheets | $0.78 |
Mixed Turnings | $0.45 |
MLC Clips | $0.77 |
Aluminum Old Cast | $0.75 |
Aluminum Old Sheet | $0.73 |
Painted Siding | $0.72 |
UBC | $0.77 |
Zorba 90% NF | $0.73 |
Aluminum Cans (clean) | $0.57 |
Aluminum Cans (dirty) | $0.28 |
Metal | Price Per Pound |
---|---|
Red Brass | $2.15 |
Yellow Brass | $2.02 |
Brass Rod | $1.98 |
Brass Hair Wire | $2.12 |
Brass Pipe | $1.93 |
Brass Radiators | $1.64 |
Brass Shells | $1.82 |
Brass Turnings | $1.86 |
Bronze | $2.22 |
Bronze Turnings | $1.16 |
Dirty Brass | $0.96 |
Dirty Brass Radiators | $0.96 |
Plumbers Brass | $1.93 |
Semi-Red Brass | $1.96 |
Metal | Price Per Pound |
---|---|
#1 Bare Bright Copper Wire | $3.60 |
#1 Copper Tubing | $3.36 |
#1 Flashing Copper | $3.36 |
#2 Copper Tubing | $3.16 |
#2/3 Mix Copper | $3.07 |
#3 Copper with Tar | $2.88 |
#3 Roofing Copper | $2.97 |
Dirty Roofing Copper | $2.78 |
Electric Motors - Copper | $2.49 |
Enameled Copper | $2.83 |
Insulated Copper Wire | $2.88 |
Lead Coated Copper | $2.43 |
Silver Plated Copper | $3.07 |
Tin Coated Copper | $2.69 |
Tin Insulated Copper Wire | $2.69 |
Metal | Price Per Pound |
---|---|
Lead Batteries | $0.18 |
Lead Shot | $0.41 |
Lead Wheel Weights | $0.26 |
Solid Lead | $0.55 |
Soft Lead | $0.57 |
Metal | Price Per Pound |
---|---|
New Zinc Die Cast | $0.82 |
Old Zinc Die Cast | $0.71 |
Metal | Price per Gram | Price per Troy Ounce |
---|---|---|
9ct Gold | $29.20 | $908.28 |
14ct Gold | $45.55 | $1,416.91 |
18ct Gold | $58.40 | $1,816.52 |
22ct Gold | $71.33 | $2,218.59 |
24ct Gold | $77.86 | $2,421.79 |
In the table above you'll find today's scrap gold price for the different purities of gold. Scrap gold prices (as well as scrap prices for other precious metals) are usually set in troy ounces.
One troy ounce (Oz) is equal to around 31.1 grams.
Metal | Price per Gram | Price per Troy Ounce |
---|---|---|
Palladium | $23.73 | $738.01 |
Platinum | $21.60 | $671.96 |
Silver | $0.78 | $24.24 |
Above are today's scrap prices for silver, palladium and platinum.
Metal | Price Per Pound |
---|---|
#1 Bundle | $0.09 |
#1 Busheling | $0.09 |
#1 HMS | $0.07 |
HMS 80/20 | $0.06 |
Sheet Metal | $0.05 |
Shredded Auto Scrap | $0.07 |
Structural Steel | $0.07 |
Metal | Price Per Pound |
---|---|
201 SS | $0.27 |
301 SS | $0.41 |
304 SS Solid | $0.58 |
304 SS Turning | $0.50 |
309 SS | $0.76 |
310 SS | $1.15 |
316 SS Solid | $0.76 |
330 SS | $1.87 |
Above are today's prices for stainless steel. Stainless steel is very much in demand currently due to it's use in construction.
Metal | Price Per Pound |
---|---|
Scrap #1 Prepared | $0.07 |
Scrap #2 Prepared | $0.08 |
Scrap #1 Unprepared | $0.06 |
Scrap #2 Unprepared | $0.06 |
Scrap Auto Slabs Whole | $0.06 |
Scrap Cast Iron | $0.10 |
Scrap Dishwashers | $0.06 |
Scrap Dryers | $0.06 |
Scrap Oversize Torch | $0.09 |
Scrap Rebar | $0.19 |
Scrap Washing Machines | $0.06 |
Scrap Water Heaters | $0.06 |
Electronics | Price Per Pound |
---|---|
Scrap Back Panels | Contact local scrap yard |
Scrap Cellphones | |
Scrap Computer Wire | |
Scrap CPU Chips | |
Scrap CRT Monitors | |
Scrap Empty PC Servers | |
Scrap Graphics Cards | |
Scrap Hard Drives | Contact local scrap yard |
Scrap Hard Drive Boards | |
Scrap Laptops | |
Scrap LCD Monitors | |
Scrap Low Grade Boards | |
Scrap Mainframes | |
Scrap Memory | |
Scrap Mice | |
Scrap Motherboards | Contact local scrap yard |
Scrap Non-Green PC Boards | |
Scrap PC Boards | |
Scrap PC Tower | |
Scrap Power Supplies | |
Scrap Printers/Fax Machines | |
Scrap Servers | |
Scrap Speakers | |
Scrap Telecom Equipment | Contact local scrap yard |