Prices for scrap metal per pound may differ depending on the geographical location you are in. Scrap metal selling has become popular among many people over the years but it is unfortunate that it has not been fully exploited. If you are thinking on ways to make money, then selling scrap metal can be a noble business idea. No starting capital is required and the beauty of it all is that you can do it as a hobby. The world is becoming diverse in the way people make money. You should not be ashamed to say that you earn extra money selling scrap.
Prices for scrap metal per pound are very competitive various parts of the world. If you have decided to trade in metals then there are some factor that should be given priority and one is the market that you are engage in. The market will determine your success or failure in the trade. Majority of the people are not conversant with the prices of scrap metal prices. The price per pound as I have said earlier will depend on the market.
There are two common markets that are given due consideration when talking about the metal industry. They are the American metal market and the UK Metal market. You cannot mention about the metal market without touching on the two. We will compare the rate on metal per pound in the two markets. In the UK for example, aluminium is 1.0011 on the higher side. The price for scrap metal per pound is subject to change.