baked fallback — user editable
Sources and review: Reviewed by MeltOffer on . Reference market: LME Nickel. Confirm and edit the input; scrap alloys do not trade as exchange-grade nickel.
Compare up to three written buyer offers.
How to compare buyer quotes and published payout benchmarks.
Identify the alloy before pricing it
A magnet cannot identify nickel alloy: some grades are magnetic and others are not. Look for mill markings, keep known offcuts separate, and use an alloy analyzer for valuable or mixed lots. Unknown metal is usually priced as low-grade stainless.
Why the editable benchmark matters
Unlike copper, nickel scrap does not have one retail board price that maps cleanly to every alloy. Enter the benchmark your yard or market source uses, then apply the contained-nickel factor as a comparison point rather than a guaranteed quote.
Frequently asked questions
How much is nickel scrap worth per pound?
Multiply the current nickel benchmark by the alloy's nickel content, then compare yard quotes against that contained-metal value. Known, clean alloy commands the best percentage.
Will a magnet identify nickel scrap?
No. Magnetism varies by alloy and heat treatment. Markings or an XRF alloy test are more reliable.
US base-metal coin calculators
Calculate copper-cent and nickel composition values · Compare standard and silver war nickels.
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