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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.
Mixed tool steel last time I sold it (few weeks ago) was $0.75 / lb. Clean steel brings $0.12 / lb. That was at a regular ole scrap yard, not the tool steel buyer. Had I taken it there I would have likely gotten between 0.15 and 0.25 / lb better. Note, that is mixed...if you know that you have all M2 or T2, price goes up.