Loanstar Surplus
About Loanstar Surplus
Loanstar Surplus runs in Abbeville, Louisiana, taking on scrap metal recycling work for individual sellers and contractors. The site processes inbound scrap material from walk-in sellers and small contractors, and acts as a paid outlet for metal across the surrounding county. Inbound category data is not recorded for the operation in the current directory listing, with the entry left open. On the operations side, day-to-day hours are recorded, while a phone line and an email contact are on file. These details come straight from what the yard filed with the directory and reflect the channels open to inbound sellers, which gives a working sense of how to reach the site before any drive over. 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 Loanstar Surplus'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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