Average scrap price for Light Iron & Shredder

Market baseline. Local prices last verified on 6/4/2026.
$246/ ton−$22 (9.1%)
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: $246
Lowest price $224
Highest price$224Who pays the most? ⟶

National high for this grade: $291 / ton.

How to read scrap yard offers Pontiac, Michigan

Scrap buy price in Pontiac, Michigan — $0.10 / lb (single yard offer in our database). Compare with prices across Ukraine below to estimate the real value of this scrap grade.

52-week price range
Over the past year, prices ranged from $90 to $246.
Jun '25Sep '25Dec '25Mar '26Today
Market response to CME pricing
Current spread vs. exchange (today): ~120.0% (+$134/ ton). Typical spread for this grade: 7%–121%
✓ Scrap yards are offering fair market rates
Market snapshot
Stable market. Prices have held steady over the past 6 months.
Pricing verified from 1 live board rate in this area.

Light Iron & Shredder price reference for Pontiac (Michigan)

Scrap yards in Pontiac (Michigan) don't always update their prices in real time. To give you a reliable current value, we use the U.S. national average ($246 / ton). 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. →

Where to sell Light Iron & Shredder in Pontiac

These are scrap yards in Pontiac (Michigan) 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 16 days ago

Resource Recovery Solutions

Listed as: Steel
100 W Sheffield Ave, Pontiac, MI 48340 Plan route
$224/ ton

Don't see your scrap yard in Pontiac (Michigan)? 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.

🚀 List your scrap yard ⟶

Compare Light Iron & Shredder prices with other Steel & Iron (Ferrous) grades

See the exact price difference between Light Iron & Shredder and similar grades like Automotive Cast Iron (Rotors/Drums) or Plate & Structural Steel (P&S). Compare the figures below — they use / ton so they line up with the headline average.

Current price Light Iron & Shredder
Light Iron & Shredder Based on 1 scrap yard
Avg price:$246 / ton
Trend for 30 days: -2.3%
Automotive Cast Iron (Rotors/Drums) Estimated prices in Michigan
Avg price:$373 / ton
Trend for 30 days: -8.9%
Price analytics
Plate & Structural Steel (P&S) Estimated prices in Michigan
Avg price:$291 / ton
Trend for 30 days: -4.0%
Price analytics
#1 Prepared Steel (HMS) Estimated prices in Michigan
Avg price:$235 / ton
Trend for 30 days: -5.3%
Price analytics
Cast Iron (Heavy) Based on 1 scrap yard
Avg price:$224 / ton
Trend for 90 days: +2.5%
Price analytics
Unprepared Steel (Torch & Shear) Estimated prices in Michigan
Avg price:$213 / ton
Trend for 30 days: 0.0%
Price analytics
#2 Prepared Steel Estimated prices in Michigan
Avg price:$179 / ton
Trend for 30 days: 0.0%
Price analytics
Tin (Sheet Metal) Estimated prices in Michigan
Avg price:$157 / ton
Trend for 90 days: -10.6%
Price analytics
Wire Fence Estimated U.S. prices
Avg price:$112 / ton
Trend for 30 days: 0.0%
Price analytics
Steel Turnings Estimated U.S. prices
Avg price:$108 / ton
Trend for 30 days: 0.0%
Price analytics
Rebar Estimated prices in Michigan
Avg price:$67 / ton
Trend for 6 mo.: -12.5%
Price analytics

Price chart: Light Iron & Shredder and CME Steel/Iron exchange data

This chart helps you track market direction and analyze Light Iron & Shredder prices at local scrap yards. The line shows the local trend alongside CME Steel/Iron exchange data. When the exchange ticks up and yard prices haven't followed yet, they typically catch up within a few days — a good signal to wait before selling. When both lines are trending down, lock in your price and sell now before yards lower their offers further.

Current Light Iron & Shredder scrap vs. CME Steel/Iron world price (CME)

Avg scrap yard price

$246
Scrap metal dealers
Price gap: +$143 / ton
vs. exchange

Today's world market price (CME)

$103 / ton
✓ For 99.9% pure refined metal
💡 Why is the yard paying a premium over the exchange? The CME price is the global benchmark for primary refined metal in large institutional contracts. U.S. scrap buy prices can sit above that level when regional premiums apply (for aluminum, the Midwest Premium is a familiar example), because clean, furnace-ready grades are already sorted and molten-ready—without the same import and ingot logistics—while local supply and demand still set the final scale price.

Monthly spread: Light Iron & Shredder scrap vs. CME Steel/Iron

Market Analysis: This month, the average spread between Light Iron & Shredder prices at local scrap yards and the exchange is 115.1%. This falls within the typical historical range for this metal category (112% – 118%). Our data shows that local scrap yards are currently offering fair market conditions. Browse offers in your area ↑
PeriodWorld price (/ ton)Scrap yard price (/ ton)Spread vs. exchange
June 2026 (current)$104 / ton$224 / ton+$120 (115.1%)
May 2026$112 / ton$246 / ton+$135 (120.9%)
April 2026$108 / ton$179 / ton+$71 (66.3%)
March 2026$105 / ton$90 / ton−$15 (14.7%)
February 2026$103 / ton$112 / ton+$9 (9.2%)
January 2026$108 / ton$90 / ton−$18 (17%)
December 2025$108 / ton$90 / ton−$18 (16.8%)
November 2025$106 / ton$90 / ton−$17 (15.6%)
October 2025$107 / ton$90 / ton−$17 (16%)
September 2025$107 / ton$90 / ton−$17 (16%)
August 2025$105 / ton$90 / ton−$15 (14.3%)
July 2025$102 / ton$90 / ton−$13 (12.5%)
June 2025$99 / ton$90 / ton−$10 (9.7%)
May 2025$97 / ton$90 / ton−$7 (7.6%)
April 2025$97 / ton$90 / ton−$7 (7.6%)
March 2025$97 / ton$90 / ton−$7 (7.6%)
February 2025$97 / ton$90 / ton−$7 (7.6%)
January 2025$97 / ton$90 / ton−$7 (7.6%)
December 2024$97 / ton$90 / ton−$7 (7.6%)
November 2024$97 / ton$90 / ton−$7 (7.6%)
October 2024$97 / ton$90 / ton−$7 (7.6%)
September 2024$97 / ton$90 / ton−$7 (7.6%)
August 2024$97 / ton$90 / ton−$7 (7.6%)
July 2024$97 / ton$90 / ton−$7 (7.6%)
June 2024$97 / ton$90 / ton−$7 (7.6%)
May 2024$97 / ton$90 / ton−$7 (7.6%)
April 2024$97 / ton$90 / ton−$7 (7.6%)
March 2024$97 / ton$90 / ton−$7 (7.6%)
February 2024$97 / ton$90 / ton−$7 (7.6%)
January 2024$97 / ton$90 / ton−$7 (7.6%)
December 2023$97 / ton$90 / ton−$7 (7.6%)
November 2023$97 / ton$90 / ton−$7 (7.6%)
October 2023$97 / ton$90 / ton−$7 (7.6%)
September 2023$97 / ton$90 / ton−$7 (7.6%)
August 2023$97 / ton$90 / ton−$7 (7.6%)
July 2023$97 / ton$90 / ton−$7 (7.6%)
June 2023$97 / ton$90 / ton−$7 (7.6%)
May 2023$97 / ton$90 / ton−$7 (7.6%)
April 2023$97 / ton$90 / ton−$7 (7.6%)
March 2023$97 / ton$90 / ton−$7 (7.6%)
February 2023$97 / ton$90 / ton−$7 (7.6%)
January 2023$97 / ton$90 / ton−$7 (7.6%)
December 2022$97 / ton$90 / ton−$7 (7.6%)
November 2022$97 / ton$90 / ton−$7 (7.6%)
October 2022$97 / ton$90 / ton−$7 (7.6%)
September 2022$97 / ton$90 / ton−$7 (7.6%)
August 2022$97 / ton$90 / ton−$7 (7.6%)
July 2022$97 / ton$90 / ton−$7 (7.6%)
June 2022$97 / ton$90 / ton−$7 (7.6%)
May 2022$97 / ton$90 / ton−$7 (7.6%)
April 2022$97 / ton$90 / ton−$7 (7.6%)
March 2022$97 / ton$90 / ton−$7 (7.6%)
February 2022$97 / ton$90 / ton−$7 (7.6%)
January 2022$97 / ton$90 / ton−$7 (7.6%)
December 2021$97 / ton$90 / ton−$7 (7.6%)
November 2021$97 / ton$90 / ton−$7 (7.6%)
October 2021$97 / ton$90 / ton−$7 (7.6%)
September 2021$97 / ton$90 / ton−$7 (7.6%)
August 2021$97 / ton$90 / ton−$7 (7.6%)
July 2021$97 / ton$90 / ton−$7 (7.6%)
June 2021$97 / ton$90 / ton−$7 (7.6%)
May 2021$97 / ton$90 / ton−$7 (7.6%)
April 2021$97 / ton$90 / ton−$7 (7.6%)
March 2021$97 / ton$90 / ton−$7 (7.6%)
February 2021$97 / ton$90 / ton−$7 (7.6%)
January 2021$97 / ton$157 / ton+$60 (61.7%)
December 2020$97 / ton$90 / ton−$7 (7.6%)
November 2020$97 / ton$90 / ton−$7 (7.6%)
October 2020$97 / ton$90 / ton−$7 (7.6%)
September 2020$97 / ton$90 / ton−$7 (7.6%)
August 2020$97 / ton$90 / ton−$7 (7.6%)
July 2020$97 / ton$90 / ton−$7 (7.6%)
June 2020$97 / ton$90 / ton−$7 (7.6%)
May 2020$97 / ton$90 / ton−$7 (7.6%)
April 2020$97 / ton$90 / ton−$7 (7.6%)
March 2020$97 / ton$90 / ton−$7 (7.6%)
February 2020$97 / ton$90 / ton−$7 (7.6%)
January 2020$97 / ton$90 / ton−$7 (7.6%)
December 2019$97 / ton$90 / ton−$7 (7.6%)
November 2019$97 / ton$90 / ton−$7 (7.6%)
October 2019$97 / ton$90 / ton−$7 (7.6%)
September 2019$97 / ton$90 / ton−$7 (7.6%)
August 2019$97 / ton$90 / ton−$7 (7.6%)
July 2019$97 / ton$90 / ton−$7 (7.6%)
June 2019$97 / ton$90 / ton−$7 (7.6%)
May 2019$97 / ton$90 / ton−$7 (7.6%)
April 2019$97 / ton$90 / ton−$7 (7.6%)
March 2019$97 / ton$90 / ton−$7 (7.6%)
February 2019$97 / ton$90 / ton−$7 (7.6%)
January 2019$97 / ton$90 / ton−$7 (7.6%)

Daily price history for Light Iron & Shredder

The table below shows the daily price history for Light Iron & Shredder at local scrap yards. For each day we display the average payout, the change from the previous day, and the full market range (low and high). This lets you spot the direction of the market over recent days — whether prices are climbing, falling, or holding steady. Review several consecutive days of data before making a trip, and always confirm today’s rate directly with the yards listed on this page.

DateAvg price (/ ton)ChangeRange (Low/High)
$224 / ton−$22$224 – $224
6/1/2026 $246 / ton— no change$246 – $246
5/31/2026 $246 / ton— no change$246 – $246
5/30/2026 $246 / ton— no change$246 – $246
5/29/2026 $246 / ton— no change$246 – $246
5/28/2026 $246 / ton— no change$246 – $246
5/27/2026 $246 / ton— no change$246 – $246
5/26/2026 $246 / ton— no change$246 – $246
5/25/2026 $246 / ton— no change$246 – $246
5/24/2026 $246 / ton— no change$246 – $246
5/23/2026 $246 / ton— no change$246 – $246
5/22/2026 $246 / ton— no change$246 – $246
5/21/2026 $246 / ton— no change$246 – $246
5/20/2026 $246 / ton— no change$246 – $246
5/19/2026 $246 / ton— no change$246 – $246
5/18/2026 $246 / ton— no change$246 – $246
5/17/2026 $246 / ton— no change$246 – $246
5/16/2026 $246 / ton— no change$246 – $246
5/15/2026 $246 / ton— no change$246 – $246
5/14/2026 $246 / ton— no change$246 – $246
5/13/2026 $246 / ton— no change$246 – $246
5/12/2026 $246 / ton— no change$246 – $246
5/11/2026 $246 / ton— no change$246 – $246
5/10/2026 $246 / ton— no change$246 – $246
5/9/2026 $246 / ton— no change$246 – $246
5/8/2026 $246 / ton— no change$246 – $246
5/7/2026 $246 / ton— no change$246 – $246
5/6/2026 $246 / ton— no change$246 – $246
5/5/2026 $246 / ton— no change$246 – $246
5/4/2026 $246 / ton— no change$246 – $246
5/3/2026 $246 / ton— no change$246 – $246
5/2/2026 $246 / ton+$22$246 – $246
4/25/2026 $224 / ton−$22$224 – $224
4/23/2026 $246 / ton— no change$246 – $246
4/22/2026 $246 / ton+$67$246 – $246
2/17/2026 $179 / ton−$134$179 – $179
1/25/2021 $314 / ton+$224$314 – $314
8/23/2019 $90 / ton−$90$90 – $90