I haven't sold to scrapyards yet, but I would say no way! Lead is about $1.00/lb, market price. Do what you can to separate the lead from the steel. or try to sell the whole keel to someone that will offer you a fair price.$400+.If it's still useable try to sell it to a boat place. haven't sold to scrapyards yet, but I would say no way! Lead is about $1.00/lb, market price. Do what you can to separate the lead from the steel. or try to sell the whole keel to someone that will offer you a fair price.