Recycle Yards will melt/smelt it and sell it.
About 8 years ago, I parked my car at the time on the street. Garbage truck came by with the claw thing still out and absolutely crushed one side of it. After all the settlement with city/etc, I still had the car so I drove it to the local recycling center. They weighed me + the car on the way in and weighed just me on the way out. Gave me like $400 for the value of the scrap.
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