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Compare nearby storage unitsWorn carbide cutting tools, inserts, end mills, and drill bits from machining operations, plus the high-speed steel tooling that gets scrapped alongside them. Carbide has a genuine buy-back market; HSS is ordinary alloy scrap.
Carbide cutting tools have a posted buy-back market: two dealers posted roughly $19 per pound for carbide inserts and end mills in early August 2026, while high-speed steel is worth closer to $0.15 per pound. Kennametal and Sandvik Coromant both run take-back programs with free shipping containers; keep carbide segregated from HSS and general scrap to get carbide pricing on the whole load. Before you go, confirm that a local recycling center accepts the material in its current condition.
Cobalt, and in some grades nickel, is the binder that holds tungsten carbide grains together. Kennametal's own recovery process heats scrap with molten zinc, which diffuses into the cobalt binder, swells the material, and makes it brittle enough to crush into powder for reuse, a route that depends on clean, unmixed, single-grade scrap. Cobalt is EPCRA Section 313-listed, so high-volume users should check whether their facility crosses the reporting threshold under 40 CFR 372 with their own compliance team rather than assume it applies. Whole worn-out machine tools have a real used-equipment resale market that often exceeds scrap value; get a rigging and freight estimate before assuming a machine is scrap.
Carbide recycling is an active industrial loop. Kennametal and Sandvik Coromant both run active buy-back programs with free collection containers for US and Canada customers. Kennametal's zinc-diffusion process crushes recovered material into powder that goes back into new carbide, which is why clean, single-grade scrap earns the best price. Sandvik cites USGS 2024 figures putting global tungsten reserves around 4.6 million tons, the resource pressure the recycling market exists to relieve. Specific industry-wide recovery-rate percentages couldn't be independently verified and aren't repeated here.
Accepted items and drop-off rules can vary by location. Check the destination before you go.
Estimated value: Two US dealers posted carbide inserts and shapes at about $19.00 per pound, end mills and larger bits at $19 to $23 per pound, and high-speed steel at about $0.15 per pound, both pages dated 07/28 to 07/29/2026 (RR Carbide; Rockaway Recycling). Cobalt content was posted the same week at $1.50 to $5.00 per pound. Prices move; confirm current numbers before shipping.
Two US dealers posted carbide inserts around $19.00/lb and end mills at $19-23/lb in early August 2026, versus roughly $0.15/lb for high-speed steel. Prices are dated and move weekly; confirm the current rate with your buyer before shipping.
No. Kennametal's program states no weight minimum for US and Canada customers, and Sandvik's program accepts material through its own collection boxes. The old '10 pounds and up' rule of thumb isn't accurate for either major program.
Yes. Both Kennametal and Sandvik accept coated inserts (TiN, TiAlN, and similar). Coating doesn't disqualify a tool from the carbide buy-back market.
Ceramic and cermet inserts and diamond-tipped inserts. They resemble carbide but aren't accepted by carbide buyers and should be sorted out separately.
Kennametal's process heats scrap with molten zinc, which diffuses into the cobalt binder, swells the material, and makes it brittle enough to crush into powder. That powder is reprocessed into new carbide, which is why clean, single-grade, unmixed scrap earns the best price.
Often not the best option. A used-equipment resale market normally values a working machine well above its scrap weight. Get a rigging and freight estimate and compare it to a resale quote before defaulting to scrap.
Search recycling centers by city or ZIP, or explore more industrial/manufacturing waste materials.
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