About a quarter of the price of the finished product, to a scrap metal dealer*. So say $175. The scrap metal dealer buys the item from a fence for about $120 at most, and the fence buys it from meth heads and skells like the genius in the video for $20-30.
It’s an economy of waste, vandalism, sleaze, and human misery. Or, as noted above,
But, hey, we’re gonna have a big ol’ wall/Brexit to keep out the brown people, so it’s totally worth it!
[* a lot of jurisdictions tightly control commerce in the catalytic converters themselves, so shady auto parts re-sellers aren’t a big market]
