American Iron
2800 Pacific St, Minneapolis, MN 55411
About American Iron
American Iron runs in Minneapolis, Minnesota, 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. The site's posted intake list is currently empty in our directory entry, and no specific materials are filed. On a practical level, day-to-day hours are recorded and a phone line, a website, and an email contact are on file. The directory carries what the yard chose to publish about its day-to-day inbound flow and contact channels, surfaced here as a working baseline for sellers planning a visit to the gate. Clean material posts faster and prices better — copper free of insulation, aluminum without steel attached, iron sorted from cast. Sellers spending a few minutes on prep at home tend to land a working price quote at the gate without much back-and-forth at intake on the day.
Scrap Price Estimates (US Average)
Daily US average estimates updated Nov 10, 2026, not American Iron'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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