Colonial Iron Works
5031 Lancaster Ave, Philadelphia, PA 19131
About Colonial Iron Works
Colonial Iron Works is an industrial steel and scrap site working out of Philadelphia, Pennsylvania in Philadelphia County. The business takes inbound scrap from individual sellers and small contractors, and acts as one of the paid drop-off options in the surrounding county and nearby towns. On the published intake list, the yard accepts aluminum, brass, copper, and lead. The directory entry reflects what the yard told us it routinely takes in, which gives sellers a clean working baseline for sorting a load and gauging whether a given pile is worth the drive. A phone line and an email contact appear in the listing and posted hours are available for visitors to check. These come from the yard's own filing with the directory and represent the public-facing snapshot of the inbound flow, surfaced here as a working baseline for sellers planning a visit. On heavier ferrous loads, a rough weight in pounds or tons matters for the quote — sellers should bring a working estimate so the yard can price the inbound and book gate timing accordingly. A short call ahead of the drive sorts both items out before any wheels turn.
What Colonial Iron Works Buys
Scrap Price Estimates (US Average)
Daily US average estimates updated Nov 10, 2026, not Colonial Iron Works'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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