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Yes. Itâs not uncommon for scrap collector to make $100-$200 cash per day. If you can get 1,000 lbs of metal in a day youâve made $100 cash. It can be hard work, but it can also be very rewarding.A few years ago I picked up two die cast molds from a company that just wanted to get rid of them.They were extraordinarily, heavy, weighing almost 1,500 lbs between the two of them.f you can get 1,000 lbs of metal in a day youâve made $100 cash. It can be hard work, but it can also be very rewarding. A few years ago I picked up two die cast molds from a company that just wanted to get rid of them. They were extraordinarily, heavy, weighing almost 1,500 lbs between the two of them.
Be prepared to show identification that includes your current address. Because of scrap metal theft, dealers in almost all 50 states are required to keep a log of when customers come to sell scrap metal. Here are the average prices that are typically available for ferrous metals. Melting steel: $145 per ton; Scrap iron: $135 per ton; Sheet iron: $135 per ton