Average Light Iron & Shredder Price

Market baseline. Local prices last verified on today.
$0.12/ lb −$0.01 (7.7%)
Use this as a baseline for negotiations. Always call local yards to confirm their rate for your load size.GT = Gross Ton (2240 lbs)
Avg: $0.12
Lowest price $0.10
Highest price$0.13Who pays the most? ⟶
How to read scrap yard offers in Indiana

The min/max range reflects a blended index (local + national data). Your local high may be lower.

  • Low (around $0.10): Floor price, typically for small loads.
  • Mid ($0.12): A fair deal for standard quantities.
  • High ($0.13+): Top-dollar rate. Offered for large commercial loads or by the most competitive buyers.
52-week price range
Over the past year, prices ranged from $0.08 to $0.13.
May '25Aug '25Nov '25Feb '26Today
Market response to CME pricing
Current spread vs. exchange (today): ~36.8% (-$0.07 / lb). Typical spread for this grade: 35%–44%
✓ Scrap yards are offering fair market rates
Market snapshot
Stable market. Prices have held steady over the past 6 months.
Pricing verified from 3 live board rates in this area.

Light Iron & Shredder price reference for Indiana

Scrap yards in Indiana don't always update their prices in real time. To give you a reliable current value, we use the U.S. national average ($0.11 / lb). The secondary metals market tracks exchange moves consistently across the country. Use this national figure as your benchmark when negotiating with local yards. Light Iron & Shredder prices across the U.S. →

Top Scrap Yards Buying Light Iron & Shredder in Indiana

These are scrap yards in Indiana that recently updated Light Iron & Shredder prices in our database. Call them to lock in a quote. If your city isn't listed, use the National Index above as a bargaining reference with your nearest buyer.

💼 Scrap yard owners: Post your buy prices and get more customers
By price
By date
Updated today

Summit Inc

Listed as: Sheet Iron
6901 Chicago Ave, Gary, IN 46406 Plan route
$0.13 / lb
Updated today

JB's Salvage, Inc

Listed as: Sheet Iron
1803 Fountain Dr, Bloomington, IN 47404 Plan route
$0.10 / lb

Don't see your scrap yard in Indiana? List it for free.

Hundreds of sellers in your area search for current scrap prices every day. Post your buy prices and start getting calls.

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Compare Light Iron vs. Heavier Steel Grades

See the exact price difference between Light Iron & Shredder and similar grades like Automotive Cast Iron (Rotors/Drums) or #1 Prepared Steel (HMS). Compare the current rates per pound below to ensure you get the maximum payout for your sorted scrap.

Current price Light Iron & Shredder
Light Iron & Shredder Based on 3 scrap yards
Avg price:$0.12 / lb
Trend for 30 days: -4.3%
Automotive Cast Iron (Rotors/Drums) Based on 2 scrap yards
Avg price:$0.15 / lb
Trend for 30 days: +33.3%
Price analytics
#1 Prepared Steel (HMS) Based on 1 scrap yard
Avg price:$0.13 / lb
Trend for 30 days: -6.4%
Price analytics
Plate & Structural Steel (P&S) Based on 1 scrap yard
Avg price:$0.13 / lb
Trend for 30 days: -4.8%
Price analytics
#2 Prepared Steel Based on 1 scrap yard
Avg price:$0.12 / lb
Trend for 30 days: 0.0%
Price analytics
Cast Iron (Heavy) Based on 2 scrap yards
Avg price:$0.11 / lb
Trend for 30 days: +4.2%
Price analytics
Unprepared Steel (Torch & Shear) Based on 1 scrap yard
Avg price:$0.09 / lb
Trend for 30 days: 0.0%
Price analytics
Tin (Sheet Metal) Estimated U.S. prices
Avg price:$0.08 / lb
Trend for 30 days: +1.1%
Price analytics
Rebar Estimated U.S. prices
Avg price:$0.06 / lb
Trend for 90 days: -9.1%
Price analytics
Steel Turnings Estimated U.S. prices
Avg price:$0.05 / lb
Trend for 30 days: 0.0%
Price analytics
Wire Fence Estimated U.S. prices
Avg price:$0.04 / lb
Trend for 90 days: +37.5%
Price analytics

Light Iron & Shredder Price Trends

This chart shows where the market is headed. If the line is climbing, prices are rising — you might get a better deal in a few days. If it's dropping, don't wait: sell today before yards lower their buy prices further.

Light Iron & Shredder: Scrap Yard Price vs. World Market (CME)

Avg scrap yard price

$0.12
Scrap metal dealers
Price gap: −$0.07 / lb
vs. exchange

Today's world market price (CME)

$0.195 / lb
✓ For 99.9% pure refined metal
💡 Why is the scrap yard price lower than the exchange? The CME price is the global benchmark for 99.99% pure refined metal traded in large institutional contracts. The gap between CME and what you pocket is the yard's margin — it covers sorting, cleaning, transport to the mill, and protects them against sudden price drops.

Light Iron & Shredder: Spread vs. Exchange — Monthly History

Market read: This month's average gap between scrap yard prices and the world market for Light Iron & Shredder is 38.2%. This falls within the range of monthly spreads we have on record for earlier periods in this table (35.2%–43.6%). That suggests broadly typical conditions between local buy prices and the exchange benchmark. Our data suggests local yards are still worth comparing before you sell. Check offers in your area ↑
PeriodWorld price (per lb)Scrap yard price (per lb)Spread vs. exchange
May 2026 (current)$0.1943 / lb$0.12 / lb−$0.07 (38.2%)
April 2026$0.1872 / lb$0.12 / lb−$0.07 (35.9%)
March 2026$0.1774 / lb$0.10 / lb−$0.08 (43.6%)
February 2026$0.1697 / lb$0.11 / lb−$0.06 (35.2%)
January 2026$0.1692 / lb$0.10 / lb−$0.07 (40.9%)
December 2025$0.1653 / lb$0.10 / lb−$0.07 (39.5%)
November 2025$0.1626 / lb$0.10 / lb−$0.06 (38.5%)
October 2025$0.1588 / lb$0.10 / lb−$0.06 (37%)
September 2025$0.1557 / lb$0.09 / lb−$0.07 (42.2%)
August 2025$0.1588 / lb$0.10 / lb−$0.06 (37%)
July 2025$0.1592 / lb$0.10 / lb−$0.06 (37.2%)
June 2025$0.1550 / lb$0.09 / lb−$0.07 (41.9%)
May 2025$0.1579 / lb$0.09 / lb−$0.07 (43%)
April 2025$0.1612 / lb$0.10 / lb−$0.06 (38%)
March 2025$0.1692 / lb$0.10 / lb−$0.07 (40.9%)
February 2025$0.1660 / lb$0.10 / lb−$0.07 (39.8%)
January 2025$0.1587 / lb$0.09 / lb−$0.07 (43.3%)
December 2024$0.1603 / lb$0.10 / lb−$0.06 (37.6%)

Light Iron & Shredder Scrap Price History — Daily Data

A day-by-day market snapshot in exact numbers. Every day we aggregate buy prices from local scrap yards, recording the average, low, and high. Use this table to track real price movement over recent days.

DateAvg price (per lb)ChangeRange (Low/High)
$0.12 / lb−$0.01$0.13 – $0.13
5/5/2026 $0.13 / lb— no change$0.13 – $0.13
5/4/2026 $0.13 / lb— no change$0.13 – $0.13
5/3/2026 $0.13 / lb— no change$0.13 – $0.13
5/2/2026 $0.13 / lb— no change$0.13 – $0.13
5/1/2026 $0.13 / lb— no change$0.13 – $0.13
4/30/2026 $0.13 / lb— no change$0.13 – $0.13
4/27/2026 $0.13 / lb— no change$0.13 – $0.13
4/26/2026 $0.13 / lb— no change$0.13 – $0.13
4/25/2026 $0.13 / lb— no change$0.13 – $0.13
4/24/2026 $0.13 / lb— no change$0.13 – $0.13
4/23/2026 $0.13 / lb— no change$0.13 – $0.13
4/22/2026 $0.13 / lb— no change$0.13 – $0.13
4/21/2026 $0.13 / lb— no change$0.13 – $0.13
4/20/2026 $0.13 / lb+$0.01$0.13 – $0.13
4/19/2026 $0.12 / lb+$0.02$0.11 – $0.13
4/18/2026 $0.10 / lb−$0.03$0.10 – $0.10
4/17/2026 $0.13 / lb+$0.01$0.13 – $0.13
4/16/2026 $0.12 / lb−$0.01$0.11 – $0.13
4/15/2026 $0.13 / lb+$0.01$0.13 – $0.13
4/14/2026 $0.12 / lb−$0.01$0.11 – $0.13
4/13/2026 $0.13 / lb— no change$0.13 – $0.13
4/12/2026 $0.13 / lb— no change$0.13 – $0.13
4/11/2026 $0.13 / lb— no change$0.13 – $0.13
4/10/2026 $0.13 / lb— no change$0.13 – $0.13
4/9/2026 $0.13 / lb— no change$0.13 – $0.13
4/8/2026 $0.13 / lb— no change$0.13 – $0.13
4/7/2026 $0.13 / lb+$0.01$0.13 – $0.13
4/6/2026 $0.12 / lb+$0.01$0.11 – $0.13
4/4/2026 $0.11 / lb+$0.01$0.11 – $0.11
4/3/2026 $0.10 / lb−$0.01$0.10 – $0.10
4/2/2026 $0.11 / lb+$0.01$0.11 – $0.11
4/1/2026 $0.10 / lb−$0.01$0.10 – $0.10
3/31/2026 $0.11 / lb+$0.01$0.11 – $0.11
3/30/2026 $0.10 / lb— no change$0.10 – $0.10
3/24/2026 $0.10 / lb−$0.01$0.10 – $0.10
3/23/2026 $0.11 / lb— no change$0.10 – $0.11
3/22/2026 $0.11 / lb−$0.02$0.11 – $0.11
2/17/2026 $0.13 / lb+$0.04$0.13 – $0.13
12/19/2025 $0.09 / lb+$0.02$0.09 – $0.09
1/29/2025 $0.07 / lb−$0.02$0.07 – $0.07