Scrap metal prices vary across the world with rates changing every day. Over the last 12 months, the price per pound of scrap aluminum in the US has fluctuated from between $1.12 and $1.26. Just in the last seven days, it has varied between $1.18 and $1.25 per pound. If you want the most recent and accurate price for the specific aluminum you have, it is best to take it down to your local scrap yard. If the owner can see the aluminum first hand, they are more likely to be able to judge how much it is worth according to current local prices.
Aluminum is extremely soft and malleable making it a material that is extremely easy to recycle. Every last bit of the material can be recycled without it losing any of its natural qualities. To recycle aluminum it needs to be melted, a process that only uses five per cent of the energy required to make aluminum from ore. During the recycling process, a lot of material is lost as dross but even this dross can undergo a process to extract aluminum from it. In Europe, 42 per cent of beverage cans, 95 per cent of transport vehicles and 85 per cent of construction materials are all made from recycled aluminum, giving the continent one of the highest rates of recycling.
Initial concerns grew about the white dross created from produced primary aluminum, as it is waste that is very difficult and dangerous to dispose of. As a complex material that reacts with water to spontaneously combust, it has only been fairly recently that the problem has been solved, and white dross is now used in asphalt and concrete.
Aluminum is extremely soft and malleable making it a material that is extremely easy to recycle. Every last bit of the material can be recycled without it losing any of its natural qualities. To recycle aluminum it needs to be melted, a process that only uses five per cent of the energy required to make aluminum from ore. During the recycling process, a lot of material is lost as dross but even this dross can undergo a process to extract aluminum from it. In Europe, 42 per cent of beverage cans, 95 per cent of transport vehicles and 85 per cent of construction materials are all made from recycled aluminum, giving the continent one of the highest rates of recycling.
Initial concerns grew about the white dross created from produced primary aluminum, as it is waste that is very difficult and dangerous to dispose of. As a complex material that reacts with water to spontaneously combust, it has only been fairly recently that the problem has been solved, and white dross is now used in asphalt and concrete.