Going Rate for Aluminum Cans?

[Neckro]

Got 2.10 a lb in cali

[hobo finds]

thanks for the info cwgii! The Recyco on the East side said they will no longer add match (+ 1 cent) as they were losing money on the 2 ads that were .80 a pound...

[GA-Silver]

$.52 a lb today in NW GA.

[aussamdad]

between .45 and .55 lb in Houston.

[hobo finds]

.80 lb in So. AZ

[AGgressive Metal]

One year after my last post in this thread, still 0.55 in Cincinnati.

[baggerman]

.52 LB in Salem,Or The place in Albany,OR quoted me .20 LB but I think they were reading steel price as that is a huge discrepancy and just 30 miles between them.

[Thogey]

There's a new yard paying .75 in Prescott Valley az

[Know Common Cents]

In my little corner of the Midwest, cans are 63 cents per pound. I see a general upward trend for aluminum as China seems to be consuming more.

[cwgii]

tucson has one place at .95 several at .80 and one lowball still at .55

[hirbonzig]

Still 0.50 at my yard.

[maoguinn]

.55 in Lubbock, TX

[hobo finds]

.80 today in So. AZ

[MetalMan]

.80 today in So. AZ

I know this has been discussed before but I can't remember the answer - Why such high prices for AZ cans? It appears that Arizona was not a can deposit state (see below). From my experience of watching the market, refining/recycling impure metals usually means a buy back 10-15% below the spot price to cover costs of the refiner and the middle man (Aluminum is usually about 2 times this rate because of the gouging by the middleman). So these prices in AZ don't really make sense to me without a subsidy (Al spot at $.837). My vote is that the states listed below should refrain from posting on this thread because it doesn't help to see artificial prices unless there were a legal option to cash out in that state from another non-deposit state, which isn't the case.
---------------
States that have a can deposit regulation:

Connecticut (0.05 US$), introduced 1980
Delaware (0.05 US$), introduced 1982, abolished 2009, replaced by Universal Recycling law.
Hawaii (0.05 US$), introduced 2005
Iowa (0.05 US$, incl. wine bottles), introduced 1979
California (0.05 US$, 0.10 US$ for bottles above 24 fl oz [almost 710 ml]), introduced 1987, 25% raise in 2007
Maine (0.05 US$), introduced 1978
Massachusetts (0.05 US$), introduced 1983
Michigan (0.10 US$), introduced 1978
New York (0.05 US$), introduced 1982
Oregon (0.05 US$), introduced 1972
Vermont (0.05 US$), introduced 1973

[hobo finds]

Not sure what it is in Tucson, but 3 new yards that also buy plastic bottles are the ones with the crazy high prices. The older yards pay .55 - .62 cents. One is up to .75 just to try and keep some cans going to them. When it was just one yard I thought somehow they were taking the cans to Cali for the deposit, but now 3 different new yards are paying high prices for them....

[hobo finds]

Got 2.10 a lb in cali

MetalMan
If Neckro got $2.10 a pound for his California cans it looks like he got $1.60 for the deposit (34 x .05) and .40 for the pound of alum cans

[cecropia_moth]

$0.57/lb today in SE Wisconsin

Jeff

[BlackOut]

0.55 a couple weeks ago in Birmingham. Steel was .09/lb

[stlouiscoin]

$0.55/lb in st. Louis yesterday.

[AGgressive Metal]

.55 in Cincinnati. Looks like 55-57 cents is standard for states without a deposit or subsidy.

[cwgii]

tucson is still 95cents at one place. while our steel is down to 140/ton

[silverflake]

0.60 per pound for aluminum cans in Roanoke, VA yesterday.

[cooyon]

0.40 lb today in Lebanon, PA

[AdamsSamoa]

.50 a pound in Elizabethtown, KY

[hobo finds]

.85 in Tucson AZ