Lake Iron & Metal
741 Hoffman St, Hammond, IN 46327
About Lake Iron & Metal
Our directory lists Lake Iron & Metal as a scrap metal recycling business working out of Hammond, Indiana. Listings like this exist so sellers in the surrounding county can find a paid drop-off point for scrap material rather than guessing which yard will take what. Accepted-material categories are not on file in our directory for this yard, and the listing field remains open at present. On the contact front, a phone line and a website appear in the listing. Operating hours are posted in the directory entry, which together form the yard's published-facing schedule and channel mix as filed with the directory, and give sellers a working sense of how to reach the site before driving over. Larger inbound volumes benefit from a phone-ahead so the yard can plan gate space and any handling equipment needed at intake. The same call lets sellers confirm whether the site can accommodate the planned load on the planned day of the drive over.
Scrap Price Estimates (US Average)
Daily US average estimates updated Nov 10, 2026, not Lake Iron & Metal'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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