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Aluminum can prices vary by region and are based on weight. The average recycling value per pound of cans in the U.S. is currently $0.56. How many aluminum cans are in a pound?
The first step in aluminium recycling is the collection and sorting of aluminium scrap from various sources. [5] Scrap aluminium comes primarily from either manufacturing scrap or end-of-life aluminium products such as vehicles, building materials, and consumer products. [5]
American Metal Market (AMM) is an online provider of industry news and metal pricing information for the U.S. steel, nonferrous and scrap markets. Products include a daily publication available electronically, live news on the publication's website, a hard-copy magazine and a series of weekly newsletters covering niche markets.
Some scrap yards' websites have updated scrap prices. In the US, scrap prices are reported in a handful of publications, including American Metal Market, based on confirmed sales as well as reference sites such as Scrap Metal Prices and Auctions. Non-US domiciled publications, such as The Steel Index, also report on the US scrap price, which ...
In 2014, by contrast, the US ranked sixth in primary aluminum production, and provided only 3.5% of world production. US production of primary aluminum peaked in 1980 at 4.64 million metric tons. Since then, US primary aluminum production has fallen by more than half, but secondary production has increased, making up much of the difference.
Since then almost no plastic scrap has been exported to China from the United States and shipments of metal and paper scrap have been sharply reduced. Scrap plastic imports dropped from 3.5 million metric tons in 2017 to 21,300 metric tons in the first half of 2018. [27] As a result, scrap prices in the US have plummeted.