I’ve always wondered this do they sell it to another recycling company down the road? If cans are selling for $1 a pound how much profit do they make?
In: 0
Someone processes it, melts it down, and sells it as aluminum. They don’t sell as cans, but that’s what recycling is, melting it down, and turning it into something else aluminum.
The dollar figure you give seems quite high. I’m seeing 65 cents per pound as in the range for aluminum ingots. And the processing does cost a bit, so unless there’s a pretty steep subsidy, you’re not going to get paid more than that for your scrap.
Latest Answers