The current spot price of brass is a crucial factor to consider when buying or selling this versatile metal alloy. The spot price of brass is determined by its market value at any given time, and it's influenced by various factors such as supply and demand, global market trends, and production costs.
As of now, the average spot price of brass is around $4.50 per pound. This price can fluctuate depending on the specific type of brass, with red brass typically costing around $4.25 per pound and yellow brass around $4.75 per pound.
The spot price of brass can vary significantly depending on the location, with prices in the United States often being higher than in other countries. For example, in China, the spot price of brass is around $3.50 per pound, which is significantly lower than in the US.
What is Brass?
Brass is a type of alloy made from a combination of copper and zinc.
It's created by mixing these two metals together in a specific ratio, usually between 60% and 90% copper and 10% to 40% zinc.
Brass is known for its durability and resistance to corrosion, making it a popular choice for a wide range of applications.
It's also relatively inexpensive compared to other metals, which is part of what makes it so widely used.
Brass can be alloyed with other metals to create different properties, such as adding tin to create a harder, more durable brass.
Scrap Metal Prices
Scrap metal prices for brass can vary depending on the type of alloy. The prices listed in the table are per pound and include a range to account for fluctuations in the market.
Plumbing brass is the most affordable option, with prices ranging from $1.20 to $1.80 per pound.
You can request a quote from a supplier for a specific type of brass, such as brass radiators, which cost between $1.60 and $1.90 per pound.
Yellow brass is a popular choice and can be sold for $2.00 to $2.20 per pound.
Red brass is the most expensive option, with prices ranging from $2.60 to $2.80 per pound.
Water meters and brass shells are also valuable, selling for $2.00 to $3.00 and $2.00 to $2.30 per pound respectively.
Here's a quick reference guide to the prices of different types of brass:
Frequently Asked Questions
What are scrap yards paying for brass?
Scrap yards are paying $2.80/lb for Red Brass, $2.30/lb for Yellow Brass (clean), and $1.10/lb for Yellow Brass (dirty). Prices vary depending on the type and condition of the brass.
What are current scrap metal prices in AZ?
Current scrap metal prices in AZ are: Copper #1 Tube ($3.47/LB), Copper #2 Tube ($3.23/LB), Copper #1 Insulated Wire ($1.93-$2.69/LB), and more. Check our prices for the latest rates on various scrap metals
Featured Images: pexels.com
