Petersen Iron & Metal
420 1st St, Coralville, IA 52241
About Petersen Iron & Metal
Petersen Iron & Metal is an industrial steel and scrap site set up in Coralville, Iowa within Johnson County. The business takes inbound scrap material from local sellers, contractors, and salvage haulers, and acts as one of the paid drop-off options in the surrounding county. Material acceptance details are not published for this yard in our directory entry at the time of the latest snapshot. Public-facing details show that a phone line and an email contact are on file, and day-to-day hours are recorded. These two data points are what the yard has published through the directory about its day-to-day inbound flow, and give sellers a working sense of how to reach the site before any drive 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 Petersen 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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