200ft Long Conveyor. Can this be scrapped?

After a quick Ebay search - a 200 foot used "heavy duty" conveyor belt start at around about $600 ( this all depends on what type of belt you have ) .
Personally, I would look at selling the parts before cutting the conveyor system apart.
Ideally the whole thing might be able to be taken apart and sold as one unit ( I do not know what condition the conveyor system is in, and can not even guess at it's resale value )

As others have said try to salvage what you can for resale. But to answer your question....Hell yeah it can be scrapped, anything can. Sawzall would make short work of the aluminum, its what I use for cutting up semi trailers. Acetylene torch to cut up the steel, or unbolt it if its practical.

But I could also see a use for a large aluminum square box. Would make a killer storage shed. Profitable, also yes! If its free and youre willing to work and have some equipment.