Lakes Iron & Metal, Inc
500 Summit Ave, Detroit Lakes, MN 56501
About Lakes Iron & Metal, Inc
Scrap and salvage activity in Detroit Lakes, Minnesota runs through a handful of intake points, and Lakes Iron & Metal, Inc is one of them. The site works in the industrial steel and scrap space and takes inbound material from local sellers, contractors, and people clearing out a property. Posted intake categories include aluminum and copper. The list is what the yard filed with the directory as its standard inbound mix, which sellers can plan a load around when sorting at home before any drive over to the gate. On the contact front, a phone line, a website, and an email contact appear in the listing. Day-to-day hours are recorded, 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. Industrial sellers should phone the yard with material spec and approximate tonnage so the site can quote per-ton intake and confirm gate handling. Heavier loads often need scheduling around the yard's own equipment, which the call sorts in advance and pins down a working price for the inbound at the same time.
What Lakes Iron & Metal, Inc Buys
Scrap Price Estimates (US Average)
Daily US average estimates updated Nov 10, 2026, not Lakes Iron & Metal, Inc'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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