Preferred Metals Corporation
15240 Stony Creek Way, Noblesville, IN 46060
About Preferred Metals Corporation
Noblesville, Indiana hosts Preferred Metals Corporation, an industrial steel and scrap site that serves walk-in sellers and small contractors. Listings like this exist to help sellers find a paid drop-off point for scrap material rather than burning a Saturday calling around to find one. The team works with aluminum, brass, copper, and lead on its inbound side, per the directory. The categories shown are the yard's own self-reported take — a working baseline of what fits standard inbound flow at the gate on a typical day, and a starting point for planning a load. Day-to-day hours are recorded, and a phone line, a website, and an email contact appear in the listing. These come straight from the yard's filing with the directory and represent the inbound-facing snapshot of how the site handles contact and posted hours, surfaced as a working baseline for planning a visit. 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.
What Preferred Metals Corporation Buys
Scrap Price Estimates (US Average)
Daily US average estimates updated Nov 10, 2026, not Preferred Metals Corporation'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 |
Sold scrap here recently?
Help other scrappers — report what you got paid.
Report a PriceOther Scrap Yards Near Noblesville
- Zore's Inc— 20.6 mi
- Secondary Metal— 53.9 mi
- Secondary Metal Processing Inc— 55.1 mi
- Kroot The Corp— 56.9 mi
- Schneiders Scrap Metal Inc— 71.8 mi
- Mike's Auto Wrecking— 81.2 mi