SCRAP NEWS | WE KNOW SCRAP

Copper Heats Up, Steel Cools Down – 7/1/2020

Believe it or not, we are already halfway through 2020. It seems like this is a year that many people want to be able to get past for more reasons than we could list and more reasons than we can count. At the end of the day, we hope that everyone is enjoying some of these higher copper prices, as well as a relatively stable iron market.

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How Long Can COVID-19 Live On Scrap Metal?

You’re safe and health is most important to the Team at iScrap App. One of the most common questions we have received lately from scrappers is about the COVID-19 and how it’s affecting scrap yards, scrap prices, and the industry. One thing that may not be getting attention is the effect that the virus itself […]

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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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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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4th of July & American Metal Facts

Facts about the scrap metal market in America

That time of year is here when the sun is shining, water is splashing, beers are flowing, and burgers are cooking. With the 4th of July Holiday here in America, we want to take some time aside to go through the history of our fine country and how metal and other commodities have changed in […]

Potential Problems with China Cause Copper Drops – 6/25/20

Right now one of the biggest causes of concern that we have is with the copper market and the Chinese buyers. While looking at these markets, we have been able to see that they are very difficult to conceptualize and figure out where they will be going and how the Chinese will be changing their buying practices moving forward.

Are Prices Heating Up This Summer? – 6/17/2020

Jump To Non-Ferrous Prices   Jump To Ferrous Prices Greetings Scrap World! Scrap prices are up. That’s exactly how we want to start every single weekly report but we can use it this week and we hope that you have been able to cash in on some of the increases. With the market climbing and […]

Those Prices Seem Promising… – 6/10/2020

We hope that everyone is doing well and staying busy during all of these times. It looks like all of the states have reopened and the scrap prices have increased, so we are on a good page. Watching some of these copper prices increase to highs that have not been seen since February, has been extremely positive. 

New App, Who’s This? – 6/3/20

DOWNLOAD TODAY New iScrap App – With Notifications Jump To Non-Ferrous Prices   Jump To Ferrous Prices Good Day! We hope that everyone is doing well and staying as busy as possible going into the summer months. We are happy to see the copper prices increasing to pre-pandemic levels and even higher than they were. […]

Is Aluminum Coming Back To The US? – 05/27/2020

On top of that with all of the problems that we saw over the last few months, we have begun to hear more reports of aluminum smelting facilities returning to the United States over the next few years.

Copper Prices Went Up $0.11/lb – 5/20/20

Jump To Non-Ferrous Prices   Jump To Ferrous Prices Scrappers!!!  We hope that everyone is doing well and slowly enjoying multiple states re-opening in different phases across the country. We are especially excited that we saw such a nice increase in copper prices on Monday rising $0.11 per pound. On top of that, we’ve seen […]

Reopening The Economy: Help or Hurt Scrap? – 5/13/20

As we’ve watched the copper prices reacting in a positive way, we have a couple of things that we have been watching to see what type of domino effect is going to happen. With possible trade problems between the United States and the Chinese again over the origin of the COVID-19 spread, there’s talk of the Phase 1 Trade agreement being canceled or changed or delayed.

Iron Recovers, While Aluminum Slips – 5/6/20

Aluminum prices have begun to slip down again with a weekly price report showing prices down another penny or two per pound. Aluminum has continued its struggle over the last two years starting with the tariff situation with the Chinese and now continuing with weaker demand due to the virus outbreak.

Is Copper Stable? – 4/29/20

We have seen the copper prices not only stabilize over the last few days but also increasing as more people are going back to work and other scrap yards are beginning to re-open. Many people that live outside of the major areas in the United States are not seeing the devastation of sickness and death and do not have a firm grasp of what is going on.

What Location Has To Do With Scrap Prices

Have you ever wondered why scrap prices may seem so much higher in one place and much lower in another when you are looking at the same material? There are a lot of factors that play into the prices that yards pay, but a lot of has to do with location as well. Unfortunately, the […]