Monel Scrap: Current Prices and Where to Sell

💬 Reddit question from r/metalworking — "Have a bunch of Monel 400 from a marine job"
"I have about 150 lbs of Monel 400 valves and fittings from a marine application. What should I expect to get?"
⚡ Quick Answer

Monel 400 solid material is currently worth $5–$9/lb. On 150 lbs, that's $750–$1,350. Local yards will offer $1–$3/lb — significantly below market. You need a specialized nickel alloy buyer.

Monel is a nickel-copper alloy used in marine, chemical, and oil & gas applications. Like other nickel alloys, it's consistently undersold at local scrap yards. Here's what it's worth and how to get the right price.

Monel Grades and Prices

Monel 400 (most common, UNS N04400): solid drops $5–$9/lb, turnings $3–$6/lb. Monel K-500 (age-hardened, higher strength): solid drops $6–$10/lb. Both grades require XRF verification for accurate pricing.

How to Identify Monel

Monel is non-magnetic (like Inconel and stainless). Look for markings: 400, K-500, UNS N04400, or the manufacturer's heat number. Marine hardware is often marked with the alloy. Monel has a slightly more golden color than stainless due to its copper content.

Marine Industry Sources

Marine applications are the primary source of Monel scrap: propeller shafts, pump components, valve bodies, heat exchanger tubing, and fasteners. Boat yards and marine repair facilities are good sources of Monel scrap.

Commercial Monel Buyback

For lots over 50 lbs, ScrapMetalBuyers.com provides on-site XRF testing and above-market pricing.

Frequently Asked Questions

What is Monel 400 worth per pound?

Monel 400 solid material is currently worth $5–$9/lb. Local yards typically offer $1–$3/lb.

How do I identify Monel vs stainless?

Both are non-magnetic. Monel has a slightly more golden color due to copper content. XRF testing is the definitive method.

Do you buy Monel?

Yes. We buy Monel 400 and K-500. Free XRF testing on-site. Call (754) 310-2984.

What industries use Monel?

Marine, chemical processing, oil & gas, and food processing industries are the primary sources of Monel scrap.