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Professional metal fabricators typically charge around $70 per hour, but the total cost of your project will depend on several factors. The largest cost drivers are the size, complexity, and design of the project, as well as the price and type of metal used. A good way to estimate the total cost is to multiply the cost of raw materials by four; typically, one-quarter of the total goes toward materials and three-quarters toward labor. Your geographic location can also influence costs, as labor and material prices vary by region.

Welding is the process of using extreme heat—and, sometimes, pressure—to attach two pieces of metal. In contrast, metal fabrication is a more involved process that can include welding, sheet metal work, bending, and other forms of metal manipulation. Metal fabrication is a large-scale project that may or may not involve welding, while welding is more often a step in larger fabrication projects.

Your typical household tools will not cut a metal pipe. To cut a metal pipe, you’d need more specialized tools like a pipe cutter or circular saw. Do not attempt to use these tools without taking proper safety precautions and wearing safety gear. It’s usually safer to let a pro cut a metal pipe, especially if you’re not confident in your skills with a heavy-duty saw.

Since water heaters are primarily made of metal, they’re commonly accepted by scrap yards and collectors. Don’t expect to fetch a high price, though—water heaters are mostly steel and aluminum, which aren’t high-value metals. Some components are made of more valuable metals, like brass and copper, but they’re a small portion of the heater and won’t affect the price much.