SCRAP NEWS | WE KNOW SCRAP

Scrap Prices This Week Are Better – 8/14/19

  Jump To Non-Ferrous Prices   Jump To Ferrous Prices Scrappers!!! Let’s just say that the last week has definitely been better, than the week before. We have not seen any crazy price jumps in a downward trend on the market and we have even seen the threat of tariff implementation delayed until December. While […]

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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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What Are Metal Tariffs & How Do They Affect Scrap?

[UPDATED 7/2/19] A hot topic this year in the scrap metal industry, US President Trump is planning to introduce metal tariffs for imports into the USA. With speculations ranging from a better market to a higher price for consumers, a lot of things that can happen. To try to make sense of all this, we break […]

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This Is Not What We Wanted – 8/7/19

  Jump To Non-Ferrous Prices   Jump To Ferrous Prices   This is not exactly the message that we planned on sharing this week…after seeing the worst week in the stock market in all of 2019, we also saw the copper prices get hammered; as more tariffs are going to be levied and the trade […]

Copper Erases Last Week’s Earnings – 7/31/19

  Jump To Non-Ferrous Prices   Jump To Ferrous Prices The two day meeting in China has begun and we have not heard many positive things so far. With this being one of the most important meetings happening between the US and the Chinese Since the month of May, we are hoping that we get […]

Are Prices Going Up? – 7/24/19

  Jump To Non-Ferrous Prices   Jump To Ferrous Prices With the summer already half over we have started to hear about how prices are beginning to heat up themselves and we may start to see the markets increasing come August. On top of all that, we have the possibility of trade deals taking shape […]

Setting Your Calendar Up For Scrapping Success

Managing your scrap pickups

If you are a part-time or full-time scrapper, it is always a good idea to have an idea of how the local neighborhoods and monthly schedules can affect your scrapping. We have put together some ideas of how you can schedule your scrapping around different times during the week, month, and year. These are some […]

Steel’s Down, But Is It Staying There? – 7/17/19

  Jump To Non-Ferrous Prices   Jump To Ferrous Prices   What a day it is. Today is a good day to have a good day – unless of course, you are waiting for steel and iron prices to rise. In that case, it is a bad day because we have not seen any upward […]

Things Aren’t Looking So Good… 7/10/19

  Jump To Non-Ferrous Prices   Jump To Ferrous Prices Well, this doesn’t look like it’s going well. With the market dropping $0.10 over the last week, we have seen a rapid decline in the copper pricing. With the market, being a bit of a flux and the iron market decreasing as well, it’s been […]

No News Is Good News – 7/3/19

  Jump To Non-Ferrous Prices   Jump To Ferrous Prices Well, just like that the meeting that we have waited so long for came and went – and it was uneventful (good and bad). We had a feeling that no deal would be struck but what we do have is the reopening of tariff elimination […]

It’s Almost Time… – 6/26/19

  Jump To Non-Ferrous Prices   Jump To Ferrous Prices It’s Here. The long-anticipated meeting in Japan is on the horizon and we are hoping to come out smelling like a new scrap yard- well, that may be over the top because new yards have no metal in them. The meeting between President Trump and […]

Hope On The Horizon? – 6/19/19

  Jump To Non-Ferrous Prices   Jump To Ferrous Prices Hope Could Be Coming!!! Yesterday we heard that there could be extended trade talks next week between President Trump and President Xi. These extended conversations led to a jump in copper pricing and we are looking forward to more potential jumps soon. See What Has […]

The Only Metal Going Up Is Gold, For Now – 6/12/19

  Jump To Non-Ferrous Prices   Jump To Ferrous Prices Copper! It seems like everyone is wondering about what’s going on with the copper market and instead of talking about it more (we will).  First, we wanted to talk about some of the other factors that are really contributing. The entire world seems to be […]