SCRAP NEWS | WE KNOW SCRAP

Despite Huge Market Drops, Copper Is Down $0.06 – 2/26/20

Jump To Non-Ferrous Prices   Jump To Ferrous Prices Good Day Scrap World! We hope that everyone has been staying busy and has been following the up-to-date National Price Averages that we post here at iScrap every day. Hopefully, some of these price updates will give you a better idea of what’s going on in […]

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Looking Inside a Catalytic Converter

Catalytic Converters have been a hot topic in scrap lately. With several types of precious metals inside like platinum, palladium, and rhodium, they have been a high-valued commodity. How Much Are Scrap Catalytic Converters Worth? The prices of catalytic converters vary from $0 to even over $800 at times! That wide range of value is […]

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How-To: Strip Copper Wire for Scrap

Copper is one of the most sought-after metals in the scrap industry. It comes in various shapes and sizes from pipe, wire, plate, electronics, and more. With our technology ever-growing, we have more electronics around us daily, which means more copper wire for scrap available. Having copper wire for recycling can be very valuable to […]

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How Do I Sell My Scrap Catalytic Converter?

The catalytic converter in the scrap industry has become a HOT commodity. With the prices of platinum, palladium, and rhodium – the three precious metals found inside catalytic converters – soaring to an all-time high, catalytic converter recycling has become a huge part of the scrap metal industry over the last few years. There are […]

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8 Must-Have Tools for Big Time Scrappers

This is one of those things that you do not want to read – but have to because you know how valuable some of these tools are. Like Grandpa always said, “You need the right tool for the right job.” How true is that? Some Tools Are So Expensive! Buying new tools is expensive, and […]

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Tom’s Top Picks: Best Tools for Scrapping

If you are looking to start scrapping metal for some extra money or even a full-time job, we have some important tools and accessories you should look into getting for yourself before you begin. Tom, the founder of iScrap App is a scrap yard owner and has been in the business for years. We sat […]

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Is No Movement Good Movement? – 2/20/20

Jump To Non-Ferrous Prices   Jump To Ferrous Prices Spring Is Coming! We hope that everyone on the East Coast has been enjoying a very mild winter. We have been enjoying a bit of a stable scrap market over the last few days but we are hoping to see a little bit of an increase […]

How Much Did Copper Recover Today? – 2/12/20

Jump To Non-Ferrous Prices   Jump To Ferrous Prices Where’s the love? After seeing that such a nice finish to the end of 2019 and a strong start to 2020, we have seen a real faltering market over the last few weeks. With major concerns about the supply chain and how the coronavirus overseas in […]

Roller Coaster Rides on Copper Prices – 2/5/20

Jump To Non-Ferrous Prices   Jump To Ferrous Prices   Good morning roller coaster riders! With all of the crazy price swings and increases and decreases in the stock market over the last week, we have no other ideas except to call ourselves the roller coaster scrap guy. After having an extremely stable month of […]

Wet Metal in Foundry Causes Explosion

You won’t believe this once you see what happens when this worker places wet metal into a foundry. This explosion was due to the wetness that was on the bale that was being loaded. We always say safety is #1 priority and this is just another example of why. This foundry worker is working on […]

How Scrap Is Being Affected from Coronavirus – 1/29/20

Jump To Non-Ferrous Prices   Jump To Ferrous Prices Good Day Scrappers! Talk about a change over a two week period. We have seen some crazy price swings over the last eight trading days and they were all due to this outbreak of the coronavirus in China. We’ve seen the copper market drop $0.25 per […]

Copper Dips, Steel Slips – 1/22/20

Jump To Non-Ferrous Prices   Jump To Ferrous Prices Good Day Scrappers! We hope that everyone has been enjoying the first month of the year along with some of the steady overall prices we have seen. While this report will talk about some of the price decreases that have occurred in the last few days, […]

Copper Steadies, Steel Dips – 1/15/20

Jump To Non-Ferrous Prices   Jump To Ferrous Prices Hey iScrappers! Two weeks into the New Year and here we are celebrating an increase in copper prices, the trade deal that’s actually signed, and hopefully a little bit of an uptick in the aluminum market in the next few months. Overall the markets have been […]

Welcome to 2020, Is Steel The Meal? – 1/8/20

Jump To Non-Ferrous Prices   Jump To Ferrous Prices   As Barbara Walters famously said, “Welcome to 2020.” 2020 has certainly started off with a bang with multiple pieces of news going on around the world from problems in the Middle East to fires in Australia. Our stance is that we hope that everyone remains […]

Is Copper Still Jumping? – 12/18/19

Jump To Non-Ferrous Prices   Jump To Ferrous Prices Happy Holidays!!! We’d like to wish everyone a very happy and safe Holiday Season. With Christmas, Hanukkah and New Year’s right around the corner, it’s crazy to think that 2019 is almost already over. What 2020 holds has yet to be seen, but with what we […]