Scrap metal prices Lorain Ohio, vary based on metal types, market fluctuations, and overall demand. Ferrous metals like steel and iron tend to have lower prices compared to non-ferrous metals such as aluminum, copper, and brass, which are more valuable due to their recyclability and wide industrial use. Local scrap yards determine prices based on these factors, which can change frequently according to global market trends. On average, steel scrap prices might range from $0.05 to $0.10 per pound, while aluminum could go from $0.50 to $0.80 per pound, and copper can fetch much higher rates, ranging from $3.50 to $4.50 per pound. It's always best to check with local scrap yards for current rates to ensure the best returns for your materials.