With so many people who successfully make decent money or even a living from buying and selling scrap metal, there are more and more newcomers to the industry. It is an exciting prospect starting something new, however so many of them miss the most important thing. And that is to understand the laws and regulations, that govern the buying and selling of scrap metal in the region that you operate in. It can be difficult for experienced scrappers when travelling between states, as each state in the US has its own laws that can vary hugely just one state across. With scrap metal theft affecting each state by varying degrees, the laws are hugely inconsistent.
We have been through the Maine legislation so that we could summarize everything that you need to know when selling scrap in Maine. Firstly, make sure that you bring identification. This is actually true almost everywhere in the US not just Maine. You will not be able to complete a transaction without it. A copy of your ID, the description and photograph of the material and a photograph will all be kept on record with the transaction details for at least a year. Uniquely to Maine is the payment restriction laws which are optional. Scrap yards may choose to pay by check made out to the seller. This is one way that scrap yards protect themselves against fraud and fake ID's. To further stop the buying and producing of stolen material, the police have the power to tag and hold all material for up to three days.
Now that you know the basics let's go through some of our recommendations for scrap yards in Maine. Let's start with Maine's largest city Portland, our research has found that the best scrap yards are: E Perry Iron & Metal Co and Cumberland Salvage Inc. If you operate in the Lewiston area we recommend: Grimmel Industries and Schnitzer Northeast. If you operate somewhere else in Maine contact us and will help you find the best scrap yards near you.
Metal | Price Per Pound |
---|---|
Aluminum | $1.35 |
Aluminum Alloy | $1.17 |
Copper | $4.65 |
Brass | $3.59 |
Lead | $1.01 |
Nickel | $8.15 |
Tin | $14.92 |
Zinc | $1.54 |
Last Updated On 2024-11-20
Metal | Price Per Pound |
---|---|
Aluminum 1100 | $0.93 |
Aluminum 3003 | $0.93 |
Aluminum 356 Wheels (clean) | $0.93 |
Aluminum 356 Wheels (dirty) | $0.66 |
Aluminum 5052 Scrap | $1.25 |
Aluminum 6061 Extrusions | $0.82 |
Aluminum 6063 Extrusions | $1.09 |
Aluminum 6063 Extrusions/Fe | $0.79 |
Aluminum/Cu Radiators | $2.18 |
Aluminum/Cu/Fe Radiators | $2.02 |
Aluminum Radiators | $0.53 |
Aluminum/Fe Radiators | $0.39 |
Transformers | $0.23 |
Breakage 50% Recovery | $0.30 |
Chrome Wheels | $0.88 |
E.C. Wire | $1.44 |
Litho Sheets | $0.93 |
Mixed Turnings | $0.54 |
MLC Clips | $0.92 |
Aluminum Old Cast | $0.89 |
Aluminum Old Sheet | $0.88 |
Painted Siding | $0.86 |
UBC | $0.92 |
Zorba 90% NF | $0.88 |
Aluminum Cans (clean) | $0.67 |
Aluminum Cans (dirty) | $0.34 |
Metal | Price Per Pound |
---|---|
Red Brass | $2.44 |
Yellow Brass | $2.30 |
Brass Rod | $2.25 |
Brass Hair Wire | $2.41 |
Brass Pipe | $2.19 |
Brass Radiators | $1.86 |
Brass Shells | $2.07 |
Brass Turnings | $2.11 |
Bronze | $2.52 |
Bronze Turnings | $1.31 |
Dirty Brass | $1.10 |
Dirty Brass Radiators | $1.10 |
Plumbers Brass | $2.19 |
Semi-Red Brass | $2.22 |
Metal | Price Per Pound |
---|---|
#1 Bare Bright Copper Wire | $4.08 |
#1 Copper Tubing | $3.80 |
#1 Flashing Copper | $3.80 |
#2 Copper Tubing | $3.59 |
#2/3 Mix Copper | $3.48 |
#3 Copper with Tar | $3.26 |
#3 Roofing Copper | $3.37 |
Dirty Roofing Copper | $3.15 |
Electric Motors - Copper | $2.83 |
Enameled Copper | $3.21 |
Insulated Copper Wire | $3.26 |
Lead Coated Copper | $2.75 |
Silver Plated Copper | $3.48 |
Tin Coated Copper | $3.04 |
Tin Insulated Copper Wire | $3.04 |
Metal | Price Per Pound |
---|---|
Lead Batteries | $0.21 |
Lead Shot | $0.48 |
Lead Wheel Weights | $0.31 |
Solid Lead | $0.64 |
Soft Lead | $0.66 |
Metal | Price Per Pound |
---|---|
New Zinc Die Cast | $0.95 |
Old Zinc Die Cast | $0.82 |
Metal | Price per Gram | Price per Troy Ounce |
---|---|---|
9ct Gold | $35.31 | $1,098.18 |
14ct Gold | $55.08 | $1,713.17 |
18ct Gold | $70.62 | $2,196.40 |
22ct Gold | $86.25 | $2,682.52 |
24ct Gold | $94.14 | $2,928.23 |
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 | $27.81 | $865.09 |
Platinum | $26.19 | $814.70 |
Silver | $0.95 | $29.64 |
Above are today's scrap prices for silver, palladium and platinum.
Metal | Price Per Pound |
---|---|
#1 Bundle | $0.11 |
#1 Busheling | $0.11 |
#1 HMS | $0.08 |
HMS 80/20 | $0.07 |
Sheet Metal | $0.06 |
Shredded Auto Scrap | $0.09 |
Structural Steel | $0.08 |
Metal | Price Per Pound |
---|---|
201 SS | $0.33 |
301 SS | $0.50 |
304 SS Solid | $0.71 |
304 SS Turning | $0.61 |
309 SS | $0.92 |
310 SS | $1.40 |
316 SS Solid | $0.92 |
330 SS | $2.28 |
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 | $0.09 |
Scrap #2 Prepared | $0.10 |
Scrap #1 Unprepared | $0.07 |
Scrap #2 Unprepared | $0.07 |
Scrap Auto Slabs Whole | $0.08 |
Scrap Cast Iron | $0.12 |
Scrap Dishwashers | $0.08 |
Scrap Dryers | $0.08 |
Scrap Oversize Torch | $0.11 |
Scrap Rebar | $0.23 |
Scrap Washing Machines | $0.08 |
Scrap Water Heaters | $0.08 |
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 |