What are water heaters worth? Right now, like all light iron:
CRAP!
Although, like others before me have stated, any brass fittings as well as the (dirty) aluminum control box are still relatively valuable, just not near where they were over the last five years, but certainly better than light iron by leaps and bounds. Yeah, it sucks but unfortunately scrap metal is a commodity, and commodity prices (and this goes for ALL commodities) vary based on supply and demand and the demand overseas that fueled the formerly high prices is just not there right now, leaving an excess supply which caused prices to plummet like a falling comet. Hopefully things improve soon...
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