Metals, Steel, Aluminum & Coil Processing worked example

Scrap Metal Value at 99% payable share: a worked example

What does the result look like when payable share reaches 99%? The full calculation is worked below with real intermediate numbers. Use it when a service center or processor wants the credit value of edge trim, skeletons, and offcuts before booking a scrap haul.

The inputs for this scenario

  • Scrap weight: 20,000 lb (unchanged)
  • Scrap price: 0.2 $ / lb (unchanged)
  • Payable share: 99 % (raised for this scenario; the documented default is 95)
  • Container or sorting premium: 0 $ (unchanged)

Working through the calculation

  • Applying the documented formula (Payable scrap value = scrap weight × scrap price × payable share) to the inputs above produces each figure below.
  • At this operating point the engine returns 3,960 $ for total scrap value, the number this scenario is built around.
  • At this operating point the engine returns 0.2 $ / piece for value per pound.
  • At this operating point the engine returns 3,960 $ for payable scrap value.
  • At this operating point the engine returns 0 $ for container or sorting premium.

How this compares with the baseline

  • Against the tool's baseline example, where payable share sits at 95% and the headline result is 3,800 $, this scenario comes in 4.21% above the baseline at 3,960 $.
  • A figure at this level is achievable when payable share is genuinely sustained, not just peaked for a shift. Posted scrap prices move daily with commodity markets and the payable share varies by grade and contamination, so a quote is only valid for the day and grade specified.

Results at a glance

  • Total scrap value: 3,960 $ (headline result)
  • Value per pound: 0.2 $ / piece
  • Payable scrap value: 3,960 $
  • Container or sorting premium: 0 $

Run it with your numbers

  • Every input above is editable in the live Scrap Metal Value calculator, which recalculates instantly and can be shared with the inputs intact.

Last reviewed 2026-05-12.