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scrap iron price
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Joe@RFDG
Posted 1/14/2026 13:43 (#11510131 - in reply to #11509541)
Subject: RE: scrap iron price


Glenwood, Mn

wbstofer - 1/13/2026 18:08
PeteMN - 1/13/2026 23:45 A scrap yard that pays cash? Around here the state sales tax people frown on cash payments and require scrap sellers to present a Driver's license w/photo ID. They added a new requirement that anyone selling copper scrap has to buy an annual permit ($200). I bet that new requirement has the meth heads quivering in their sandals.
Ours does, but still requires a DL. No idea on copper, haven’t sold any for a while.

Annual copper permit is $270 with administrative fees and background application in MN.  I just got mine.  Good for one calendar year.  Lapse fee is $550 if you forget to renew it immediately before your current expires.  If you are a General Contractor with a current GC license, Plumber or Electrician no need for the license.  But said person has to be present for the transaction.  I have plenty of buddies in the "trades" but none of them want to ride to the scrap yard for an hour to turn in $200 in copper at a crack.  Especially when HVAC rate is currently $175 and electricians are $140 in our area.  And there in lies the problem.  Copper prices are really low here ($3/lb) vs neighboring areas that are close to $5/lb. 

I can drive two hours into SD and they would gladly take my copper.

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