What is a scrap catalytic converter worth

How much is a catalytic converter worth in scrap? Pricing transparency results in best results for all sides. Read how prices are determined.

In catalytic converter recycling, the best recyclers know their numbers and partner with companies that educate. Knowing key metrics about your converter loads safeguards you against potentially misleading metrics.

Let’s talk about where the prices for catalytic converters come from and go from there.

What’s Inside A Catalytic Converter?

The inside of the catalytic converter is a honeycomb set of passageways or small ceramic beads coated with catalysts.

A chemical reaction takes place to make the pollutants less harmful.

There are many passages for the exhaust gases to flow, to allow for the maximum amount of surface area for the hot gases to pass.

There are three primary metals used inside of catalytic converters as well as other materials.

Platinum is the most widely used. You could also find palladium, rhodium, cerium, manganese, and nickel.

How much your catalytic converters are worth depends on a few factors: the market prices at the time of settlement for the Platinum and the other precious metals that can be reclaimed from your catalytic converters.

On average, there are between 3-7 grams of platinum group metals in a standard catalytic converter, but the amount varies based on manufacturer and model.

How To Sell Catalytic Converter?

Watch two primary markets, palladium and platinum. These are the two largest indicators for the market and how the recovery for catalytic converters will happen. It takes a recycling company with specialized equipment to extract and separate the platinum from the converter’s internal honeycomb.

This article is published by

Catalytic converters have economic value as they contain precious metals. This is the main reason why they are sold as the most expensive scrap. Because it contains rhodium, palladium and platinum, which are among the most precious metals. They can be converted into more cash when Pt, Pd, Rh are recovered from the scrap catalytic converter.

How much is a gram of Platinum (Pt) worth?

Worth of Platinum metal is increasing with time as its shown on the table. It’s economic value never decreased as seen in the table last 20 years. So that’s meaning Platinum’s value is getting more important every day.

Nowadays, platinum price per gram is around $31.

How much is a gram of Palladium (Pd) worth?

Considering the variability of the palladium value, although there was a decrease for a period, it did not cause a serious decrease in general. It is still valuable and its economic value continues to increase.

Nowadays, palladium price per gram is around $72.

How much is a gram of Rhodium (Rh) worth?

Looking at the change in the value of rhodium in the last 10 years, although it has remained stable most of the time, it has increased significantly in the last two years. Nowadays, rhodium price per gram is around $287.

Although the quantities vary by model, on average, only one standard catalytic converter contains about 3-7 grams of platinum, 2-7 grams of palladium, 1-2 grams rhodium. That provides serious gains when tons of scrap catalytic converters are recovered.

As Proses Makina Company, we provide to you all precious metals in the scrap catalytic converter recovery for economic gain with our high efficiency, last technology systems.