How much profit do the scrap yards make per pound?

Prices are all over the board within a few miles from me. For example, $0.40 to $1.10 for #2 insulated. The place that pays $0.40 pays on the spot which is why it is so cheap. I don't know how they get away with it...they're not a new yard.

Originally Posted by rawresale

Prices are all over the board within a few miles from me. For example, $0.40 to $1.10 for #2 insulated. The place that pays $0.40 pays on the spot which is why it is so cheap. I don't know how they get away with it...they're not a new yard.

My guess would be that the yard pays less has a lot of walk in traffic pushing a shopping cart full of last nights pickings.