How Much Is A Furnace Worth In Scrap Metal? Real Facts


Rima Chatterjee

Furnace Scrap Metal Prices.


How Much Is A Furnace Worth In Scrap Metal

The worth of a furnace in scrap metal isn’t a simple answer. It depends on various factors. Let’s have a look at the current US prices for metals found in furnaces.

 Here’s an estimated table:

Metal TypeCost (per pound)
Steel15-20 cents
Iron10-14 cents
Copper Wire60-80 cents
Yellow Brass85-95 cents
Stainless Steel25-30 cents

Note: Prices change every day and vary depending on your location. Plus, remove extra iron or asbestos before scrapping your furnace.

To make the most of scrapping, take these steps:

  1. Clean it: Make sure it’s pure metal. Dirty objects with grease or oil will get less money.
  2. Take out Non-Metal Parts: Separate plastic and electronic motors. Most scrap dealers won’t accept them.
  3. Shop Around: Compare prices between different dealers.

Follow these tips to get the most cash and help with recycling!

Factors Affecting Scrap Metal Prices.


As a professional in the scrap metal industry, understanding the various factors that affect metal prices is crucial. The value of scrap metal fluctuates based on a variety of factors such as supply and demand, market conditions, type and quality of metal, and the location of the scrap yard.

To better understand these factors, refer to the following table:

Factors Affecting Scrap Metal PricesDescription 
Supply and DemandThe availability of scrap metal and the demand from buyers greatly affect prices. Higher supply and lower demand can lead to lower prices, while lower supply and higher demand can drive up prices.
Market ConditionsThe state of the economy, both domestically and globally, can influence scrap metal prices. Political stability, inflation rates, trade policies, and market trends can all impact the industry.
Type and Quality of MetalThe type of metal and its quality can also play a role in determining its value. Certain metals such as copper, aluminum, and stainless steel are commonly sought after and tend to have higher prices. Additionally, the purity or quality of the metal affects prices as well.
Location of Scrap YardThe geographic location of a scrap yard can also impact scrap metal prices. Areas with high demand or import/export regulations can affect prices. Transportation costs and distance from the scrap yard can also impact the value of scrap metal.

It is important to note that these factors are not exhaustive and can vary based on individual circumstances. It is always best to consult with a reputable scrap dealer to get an accurate quote for your scrap metal.

Remember, staying informed and knowledgeable about the scrap metal industry can help ensure that you are receiving the best possible value for your materials. Don’t miss out on potential profits by neglecting to understand the current market conditions and industry trends. Contact your local scrap yard or dealer today for more information.

“I’m no metallurgist, but I know my scrap; whether it’s copper, steel, brass, or tin, it all adds up to some serious cash.”

Type of Metal.

Metals are valued differently in the scrap metal market, dependent on factors such as supply and demand, purity, and usage. 

Prices of different metals show this. 

  • Copper is worth $3.75 per pound.
  • Aluminum is worth $0.40-$0.60.
  • Brass $1.50-$2.00.
  • Steel $0.03-$0.06

This shows how valuable copper is compared to aluminum.

Gold and silver have unique value propositions too, but they are typically handled differently given their roles in jewelry and industry.

Identifying the type of metal is essential for fair appraisal and accurate pricing. Magnets and acid tests can be used.

One time, I had a customer who wanted to sell some metal scraps from their garage clean-out. They were unaware of the type or value of the metal. After identification, we found it to be brass worth around $150! This shows the importance of correctly identifying scrap metal before selling it.

Clean scrap is a happy scrap, and a happy scrap means more money!

Cleanliness of Scrap.

When it comes to scrap metal prices, cleanliness counts.

 Clean scrap = higher return for the seller. It also reduces labor costs and the chances of pollution during processing.

Plus, clean scrap reduces energy usage and carbon emissions, resulting in a cleaner planet.

Pro Tip: Clean your scrap metal before selling = more value & a healthier environment.

Metal demand is off the charts; like it just discovered it’s a rare Pokémon!

Current Demand for Metal.

The demand for metal is ever-changing. It can be influenced by economic trends and world events. 

Look at the table to get an idea of the current demand:

MetalCurrent Demand
CopperHigh
AluminumModerate
SteelLow
GoldHigh

Different industries need different metals for specific uses. For instance, copper is useful for electrical wiring.

An example of how quickly demand can change is a scrap yard owner’s story. During a cold winter, there was a surge in demand for steel as construction companies wanted to finish projects before the weather got bad. This caused steel prices to spike and only returned to normal months after.

A carnival game with your furnace? That’s how you can win with scrap metal!

Types Of Scrap Metal Found in Furnaces.


Multiple types of scrap metals can be found in furnaces. 

Here is a breakdown:

Scrap MetalDescription
SteelMost commonly found metal in furnaces; used for its durability and heat resistance.
CopperFound in copper wire and other components; highly valued by scrap metal collectors due to its high worth.
BrassYellow brass is found in several furnace components, including blower wheels and HVAC parts. Highly valued by scrap dealers.
Cast IronFound in furnace casings and other components; sold for its weight in scrap metal prices.
Stainless SteelUsually found in furnace parts that need to resist corrosion and heat; highly valued by scrap metal collectors.
AluminumFound in some furnace parts, including fan blades and other components.
Tin Found in sheet metal and other components.
Extra IronFound in furnace cases and several other components; often sold for scrap metal prices.
Electronic MotorsFound in furnace components; highly valued by scrap metal collectors due to their copper wire content.
AsbestosNot a metal but is commonly found in older furnace parts. Must be removed safely.

It is important to note that different furnaces may have different types of metals present, depending on their make and model. Additionally, older furnaces may contain more valuable metals such as copper and brass, while newer ones may have more aluminum and plastic parts.

Pro Tip: Clean copper wire and yellow brass can fetch higher prices at scrap yards, so be sure to remove them from furnace components before turning them in for scrap.

Is iron rusty? No problem, it’s still worth something in scrap metal.

Steel and Iron.

Steel and Iron are both strong and resistant to corrosion, making them perfect for constructing buildings, bridges, automobiles, and appliances. Iron is also heavy and malleable, making it ideal for creating pipes, machinery parts, and ornamental objects.

What’s more, these materials can be recycled again and again without losing their properties. This makes them valuable for metal recycling.

It’s fascinating that iron was used in ancient times to make weapons and tools. Steel was developed much later, during the Industrial Revolution. Now, these metals still play a huge role in our modern world.

They say one man’s trash is another man’s treasure, but when it comes to copper in furnaces, it’s like one man’s scrap is another man’s cash!

Copper and Copper Wire.

Copper is a precious metal found in furnaces. Let’s explore the types and wires. 

The 3 categories are. 

  • Bare Bright Copper: Bare Bright Copper is shiny and pure
  •  #1 Copper#1 Copper is clean and uncoated and may have slight discoloration.
  • #2 Copper: #2 Copper is slightly dirty or oxidized, with some other materials.

Copper wire can be insulated or stripped. Insulated wires come with a layer of plastic, while stripped wires are without. Stripped wires are more valuable as they are higher in copper content. Weight also affects value. A small bit of Bare Bright Copper is more valuable than a large piece of #2 Copper.

I once met a man who collected scrap metal for years. He searched for discarded appliances with copper wiring. Over time, he saved enough to fund his retirement. It shows the value of scrap metal if you know what to look for.

 Don’t think melting jewelry will make you rich unless you’re content with scrap metal payment!

Brass and Yellow Brass.

Brass and Yellow Brass have different compositions. 

  • Brass contains more copper and is used for plumbing, electrical components, locks, gears, valves, and musical instruments
  • Yellow Brass has a mix of copper, tin, aluminum, and nickel and is used for doorknobs, keys, sink faucets, radiator cores, and automotive parts. It is yellow because of the high zinc content but can tarnish over time.

It’s important to know that Yellow Brass is the most common type of brass. This kind of scrap metal has many applications and is highly valuable for recycling. 

For those looking to make money from scrap metal recycling, it’s a good idea to check current market rates to get the best prices. 

Plus, stainless steel is the best for keeping appliances rust-free.

Stainless Steel.

Stainless steel is a metal with special properties. 

It comes in 3 main types:

  •  300 Series (non-magnetic).
  • 400 Series (magnetic).
  • Duplex Steel (high strength). 

Each type has its uses, such as utensils, cookware, cutlery, exhaust systems, appliances, and chemical/food processing.

Although stainless steel is resistant to rust, it can still be damaged easily. Therefore, it’s important to be careful when handling scrap stainless. Don’t forget that scrap stainless can be recycled, helping to reduce the carbon footprint and potentially even bringing in some extra cash. 

So if you have any unused scrap stainless at home or work, now is the time to check!

Aluminum.

Recycling aluminum is a great way to go! The scrap can be melted down and turned into something new.

Take a look at the below-given table to get a better understanding. 

CategoryDescription
CansAluminum cans are often seen, as it’s lightweight.
SidingAluminum siding is popular for its durability and weather resistance.
VehiclesAutomakers use aluminum for parts, due to its lightness and strength.

If you’d like to get paid for your scrap aluminum, look into local recycling centers that specialize in metal. They’ll offer you fair prices based on the current market rate. To maximize your earnings, make sure to separate your aluminum from other metals before selling.

Remember, some objects may contain both aluminum and other metals. Magnets can help you with this; they won’t stick to aluminum, but will with other metals.

By separating your scrap aluminum and making sure it’s pure, you’ll help recyclers melt it faster, lowering their processing costs. That means higher buyback rates for you – a win-win! 

Now let’s search those couch cushions for precious metals!

Where To Find Scrap Metal In A Furnace.


In the world of scrap metal, finding valuable parts in a furnace can be a lucrative endeavor. 

So where exactly should one look for scrap metal in a furnace?

  • The first place to search is the blower, which often contains a copper wire and an electric motor.
  • The gas valve also contains brass and copper, while the fan and limit switch also contain valuable metals.
  • Sheet metal, cast iron, and stainless steel can be found in the furnace body itself.
  • Any extra iron, such as the wheel weights or semi-rims, can also be worth something.
  • Don’t forget to check the electronics, including any electronic motors or other parts that may contain copper or other valuable metals.

It’s worth noting that when searching for scrap metal in a furnace, it’s important to follow proper safety precautions and, if necessary, dispose of any asbestos in a responsible manner.

As an installer, I once came across a furnace that was being replaced after many years of use. With the homeowner’s permission, I took the opportunity to salvage any valuable scrap metal from the furnace before it was hauled away. I was able to find several pieces of copper wire, brass fittings, and even some stainless steel parts. In the end, I was able to make a decent amount of money from the scrap metal that would have otherwise gone to waste.

If you’re looking to scrap your blower, fan, or HVAC parts, just remember: they may not be worth a ton, but they’ll still blow you away with their scrap value.

Blower, Fan, and HVAC Parts.

Get ready for scrap metal treasure hunting! 

Check out for different types of blower, fan, and HVAC parts you can find in a furnace.

Blowers: Centrifugal, Axial, Positive Displacement.

Fans: Ceiling, Exhaust, Attic.

HVAC Parts: Heat Pump, Air Handler Unit, Thermostat.

Plus, metal components such as fan blades, motor casings, and wire harnesses. These parts contain super valuable copper wires!

To get the most out of your search, you’ll need proper tools like flashlights and screwdrivers. Remember to turn off the power before you start to avoid any accidents.

Bonus tip: Look for discarded furnaces near residential areas or junkyards. Who knows what scrap metal treasures you can find?

Electronic Motors.

If you’re looking for scrap metal in a furnace, electronic motors are a great place to start. These motors can be found in various electric appliances such as washing machines or refrigerators. They contain valuable metals like copper and aluminum.

Types of Motors include:

  1.  AC Motors, found in air conditioners, fans, and compressors: AC Motors usually have more copper.
  2. DC Motors are found in electric cars, bicycles, and lawnmowers: DC Motors have more aluminum.

Locate these motors by disassembling appliances or checking scrapyards. Be sure to take safety precautions such as avoiding exposed wires and wearing protective gear when handling large appliances.

You never know what you’ll find, like when I came across an old refrigerator on the side of the road and found valuable copper wires inside. 

Looking for sheet metal, tin, and air ducts? Check out your neighbor’s old, abandoned furnace!

Sheet Metal, Tin, and Air Ducts.

Scrap metal can be found in furnaces

  • Sheet metal: Sheet metal forms the exterior.
  • Tin: Tin lines the interior.
  • Air ducts: Air ducts provide ventilation.

They’re durable, heat resistant, and affordable. Plus, these materials are recycled from old appliances or buildings. So, they’re readily available and cheap. In WWII, citizens donated scrap metal for tanks and planes.

It’s clear why sheet metal, tin, and air ducts are popular. They’re durable and easy to find. 

Recycling centers and older structures are great sources of scrap metal; valuable resources for various industries.

Truck Wheels and Semi Rims.

Truck wheels and semi-rims are essential for heavy-duty vehicles. They are valuable scrap metals that can be recycled or reused.

 To help you find these items, we made a table of possible sources.

Possible Sources
Salvage yards have many scrap metals, including truck wheels and semi-rims. Look in online directories or local listings.
Mechanics replace old parts. Ask them if they have any scrap.
Licensed scrap metal recyclers may accept truck wheels and semi-rims.
Also, check classified ads or social media groups.
Illegal dumping of vehicle parts is dangerous and bad for the environment. Find legitimate sources and talk to professional recyclers for the best value.

Don’t forget, wheel weights are worth money! Even just aluminum has value.

Extra Iron and Wheel Weights.

Ready to hunt for scrap metal in your furnace? Extra iron and wheel weights can provide a wealth of usable material. 

Check out the table below for an average weight and usable material for each source.

SourceAverage WeightUsable Material
Extra Iron50 poundsSteel
Wheel Weights25 poundsLead

Remember, these numbers are just averages. Use proper safety precautions when handling scrap metal.

Auto shops can be a great source for wheel weights. Lead has been used since Ancient Rome. It was chosen for its density and malleability. Today, lead is still used thanks to its similarities with gold. 

Transform your furnace scrap metal into gold with these value-boosting tips!

How To Get The Best Value For Your Furnace Scrap Metal.


As an HVAC installer, I understand that getting the best value for your furnace scrap metal can be a daunting task. To ensure that you get maximum value for your scrap metal, you need to be informed of current market prices for scrap steel, copper, and brass. 

Below is a table that highlights prices for commonly found scrap metals to help guide your selling decisions.

Scrap Metal TypePrice Per Pound
Copper Wire$2.40
Clean Copper$2.15
Yellow Brass$1.60
Cast Iron$0.10
Sheet Metal/Tin$0.07
Stainless Steel$0.50
Aluminum$0.25

In addition to knowing the current market prices, be sure to remove any non-metal parts from your furnace before selling them. These include items such as blower fans, gas valves, and electronic motors. Removing these parts will result in a cleaner metal and a higher price per pound.

I remember one instance where a man named John was able to beat market prices by selling his furnace scrap metal on Kijiji. Using this platform allowed him to avoid fees associated with scrap yard sales and negotiate prices directly with buyers. With patience and persistence, John was able to sell his scrap for an extra $50, proving that there is always value in shopping around.

When it comes to researching scrap metal prices, I’m like a detective with a Ph.D. in Google-fu.

Researching Current Scrap Metal Prices.

Research is key when scrapping your furnace. Prices for metals like steel, iron, and copper can change, due to economic and geopolitical factors. Check online or call your local scrap yard to get current prices. 

Here’s a breakdown:

MetalPrice per pound
Steel$0.05 – $0.10
Iron$0.02 – $0.06
Copper$2.50 – $3.50

Prices may vary based on location and quantity. Ask about promotions or bonuses. Don’t forget about other items in your furnace that are valuable, like aluminum parts, brass fittings, and electric motors. Research before scrapping to maximize earnings.

Cleaning and separating metal may be tedious, but it can be a therapeutic way to “let go” of your old furnace.

Cleaning and Separating Scrap.

Scrap metal can be of great value. To get the best price for furnace scrap metal, it needs to be cleaned and separated. 

Here’s how to do it:

  1. Gather the scrap metal into piles according to composition.
  2. Take out any non-metal materials, such as insulation or screws.
  3. Cut the metals into pieces, if possible, to make them easier to identify and sell.
  4. Use a magnet to test each piece and remove any that are not magnetic.
  5. Clean all the metal with soap and water until it shines.

Look up the requirements of the scrap yard before you make the sale. Some rare metals, like platinum or palladium, may need specialized equipment for proper separation.

During World War II, scrap metal was in high demand for the war effort. People collected and donated scrap metal. This included “scrap drives” and salvaging from junkyards and landfills. 

Turn your old furnace into gold at the scrap yard!

Finding the Right Scrap Metal Dealer or Scrap Yard.

Maximize the value of your furnace scrap metal by finding the right dealer or yard. 

Here are key points to remember:

  • Reputation: Search for a reliable dealer with great reviews and ratings online. Ask around your local community for advice on who to sell your scrap metal to.
  • Pricing: Get different quotes from multiple dealers. Be careful of offers that seem too good, as they may have hidden fees or low payouts.
  • Services: Check if the dealer offers pick-up services or has convenient drop-off hours. Enquire about buying recycled metals from them for future projects.

Also, not all dealers accept all types of scrap metal. Make sure to ask if they accept ferrous or non-ferrous metals, and if there are any size restrictions.

A friend sold his rusty furnace parts to a scrap yard without finding out quotes from other dealers. He realized he could have gotten more money elsewhere. Do your research and compare prices before you sell your furnace scrap metal.

When negotiating the price for your furnace scrap metal, keep a straight face. Unless, of course, they offer you a deal that makes you want to dance!

Negotiating a Fair Price.

Negotiating a fair price for furnace scrap metal? Consider these factors: 

  • Market value.
  • Demand.
  • Quality of the scrap.

Do your research on current market prices and gather quotes from multiple buyers. Separate non-metal materials and larger quantities are more desirable. Approach larger companies or brokers if you have a large amount of scrap. Be flexible with payment terms and delivery options. Build relationships with buyers – they may offer better deals or faster turnaround times. 

Take these steps to get the best deal and ensure fair market value.

Safety Precautions When Handling Furnace Scrap Metal.


When dealing with scrap metal from furnaces, it is important to prioritize safety measures to avoid accidents and injuries. Proper handling of furnace scrap metal is crucial to ensure that no one is put in harm’s way.

Safety Precautions When Handling Furnace Scrap Metal must be taken seriously, and you can avoid any unwanted incidents by following these guidelines:

  • Wear protective gloves and clothing to avoid cuts and scratches.
  • Be cautious of sharp metal edges and corners.
  • Avoid handling metal sheets and scrap pieces with bare hands and instead, use pliers or tongs.
  • Beware of any asbestos or plastic parts that may be present amidst the scrap metal pile.
  • Be careful while using saws, drills, or any other power tools.

It is worth noting that when handling furnace scrap metal, safety precautions should not be taken lightly. Apart from the guidelines mentioned in the above paragraph, it is also vital to keep the scrap metal away from children’s reach to prevent any accidents. You can dispose of scrap metal safely by contacting scrap metal collectors, scrap yards, or recycling services.

I once came across a guy who claimed he knew how to beat the scrap metal competition and make money in a matter of days. However, his lack of knowledge regarding proper safety measures while handling scrap metal made me wary of his claims. I couldn’t help but wonder if he had ever undergone an accident or injury in the past due to the negligent handling of scrap metal. It is essential to follow safety guidelines while dealing with furnace scrap metal to avoid any severe physical injuries and be mindful of not putting anyone in danger.

I feel like a hazmat suit would complete my furnace-scraping outfit.

Wearing Protective Gear.

When dealing with furnace scrap metal, safety measures are a must! Wear protective gear to shield yourself from physical injuries as well as hazardous chemicals and fumes. Make sure to wear a hard hat, heavy-duty gloves, and safety glasses/goggles rated for industrial use. Never wear loose clothing or tie up long hair, so that it doesn’t get caught in machinery.

It’s a good idea to have regular safety meetings with employees too. Remind them that safety is not an option, but a mandatory requirement in industrial environments. 

And don’t forget to stay away from asbestos when handling furnace scrap metal; no one wants to end up like a dusty old antique!

Avoiding Asbestos and Other Hazardous Materials.

Safety must come first when dealing with furnace scrap metal. Asbestos and hazardous materials can be inside these metals, a big threat to people’s health. To avoid any risks, it’s essential to take precautions.

Wear PPE like gloves, respirators, and coveralls. These act as a shield between the handler and the risky substances, lessening the odds of breathing in or absorbing through the skin.

Also, keep hazardous materials apart from non-hazardous ones when dealing with or transporting them. This stops contamination or unintended exposure during processing and dumping.

Train workers on best practices when handling hazardous materials and have an emergency plan if accidents or spills occur.

Pro Tip: Check the material before handling furnace scrap metal to spot any potential hazards. 

So, say farewell to non-metal pieces and hello to a tidy workspace; unless you love hoarding furnace debris like a dragon!

Properly Disposing of Non-Metal Parts.

When dealing with furnace scrap metal, non-metal parts must not be overlooked. Proper disposal of these is essential for safety. 

To do this, follow these 3 steps:

  1. Separate Non-Metal Parts: Make sure all non-metal parts are segregated from the metal ones before disposal. This helps prevent contamination.
  2. Find Local Disposal Areas: Search for waste collection centers or recycling plants that accept non-metal parts.
  3. Consider Recycling: Can some non-metal parts be recycled? If so, this should be done before disposal. It reduces waste and environmental pollution, plus it saves energy.

Improper disposal of non-metal parts can lead to pollution and harm individuals. Always use proper safety measures. Specialty companies like Sims Metal Management offer recycling services for furnace scrap metal

Plus, extra cash could also be earned.

Frequently Asked Questions. 


Q1: How much is a furnace worth in scrap metal?

A: The value of a furnace in scrap metal depends on various factors, such as its size, weight, and composition.

Q2: What is the typical range for the scrap metal value of a furnace?

A: The range can vary significantly, but as a general guideline, the scrap value of a furnace can range from $50 to $500, or even more, depending on its characteristics.

Q3: What determines the size and weight of a furnace?

A: The size and weight of a furnace are primarily determined by its capacity, construction materials, and additional components such as heat exchangers or fans.

Q4: Are there specific furnace components that can increase its scrap value?

A: Yes, certain components like copper heat exchangers, brass fittings, or motors can contribute to a higher scrap value due to their market prices.

Q5: Are there any furnace types or materials that are more valuable as scrap?

A: Furnaces made of materials like copper, brass, or stainless steel tend to have a higher scrap value compared to those made of lower-value materials like iron or steel. However, the specific value still depends on factors such as market demand and prevailing metal prices.

Q6: How can I determine the precise value of a furnace for scrap metal?

A: To get an accurate estimate, it is recommended to contact local scrap yards or metal recycling centers and provide them with detailed information about your furnace, including its size, weight, materials, and any valuable components. They can give you a specific quote based on the current market conditions.

Conclusion


Your furnace could be a valuable scrap metal item! But, how much can you get for it? Let’s break it down. Steel can go for $0.05 – $0.07 per pound, Cast Iron for $0.02 – $0.04, Copper Wire for $2.50 – $3.50, and Yellow Brass for $1.50 – $1.75. However, these are just estimates. Prices may vary depending on location and demand. Remember, most furnaces contain hazardous materials. Have a professional remove them before scrapping. Don’t forget other metal items around your house. Copper, stainless steel, electronic motors, and wheel weights have good value. Check streets or online marketplaces like Kijiji. Carefully view details and compare quotes before making a deal! Don’t miss out on extra cash from scrap metal recycling.

About the author

Debarghya Roy: A heating systems author, Passionate about energy efficiency and sustainability, Sharing insights and empowering readers through informative blog articles.