Universal Scrap Metal Co
2500 W Fulton St, Chicago, IL 60612
About Universal Scrap Metal Co
The scrap metal recycling business Universal Scrap Metal Co works out of Chicago, Illinois within Cook County. The site takes inbound scrap from individual sellers and small contractors, and acts as one of the paid drop-off options for salvage volume in the surrounding county. Material acceptance details are not published for this yard in our directory entry at the time of the latest snapshot. For practical details, day-to-day hours are recorded and a phone line and an email contact are on file. The directory entry is the yard's own self-reported snapshot of how it handles inbound contact and posted schedule, surfaced here as a working baseline for sellers planning a visit to the gate. Phone quotes give a working number, but the final intake price is what the yard pays at the gate after material is weighed and graded. A pre-visit call still gets sellers in the right ballpark and confirms the day's posted scrap rates. Posted online rates tend to be a guide to recent activity rather than a firm commitment for the day, and the gate price is the one that lands on the receipt.
Scrap Price Estimates (US Average)
Daily US average estimates updated Nov 10, 2026, not Universal Scrap Metal Co's own prices; call the yard for its pay rates. How we estimate prices.
| Metal | Est. Price | Unit |
|---|---|---|
| Bare Bright Copper | $5.54 | /lb |
| #1 Copper | $5.31 | /lb |
| #2 Copper | $4.73 | /lb |
| Insulated Copper Wire | $2.60 | /lb |
| Copper Pipe (Clean) | $5.14 | /lb |
| Aluminum (Mixed) | $0.70 | /lb |
| Aluminum Cans | $0.95 | /lb |
| Aluminum Extrusion | $0.99 | /lb |
| Steel (Heavy Melt) | $285.00 | /ton |
| Light Iron / Sheet | $215.00 | /ton |
| Cast Iron | $0.18 | /lb |
| Stainless Steel (304) | $0.62 | /lb |
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