Current Scrap Metal Prices
Scrap Metal Scrap Price Updated Price Date
Copper National Average $3.15/lb Updated 02/25/2024
Steel National Average $217.50/ton Updated 02/25/2024
Aluminum National Average $0.44/lb Updated 02/25/2024
Catalytic Converter Average $71.00/each Updated 02/25/2024

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Choosing the Best Wire Stripping Machine for Efficient Copper Cable Recycling

Regarding copper cable recycling, a key element of your toolkit is the automatic wire stripper. This specialized tool offers users a swift, efficient, and user-friendly experience, allowing for quick processing of cables and wires. Determining “the best wire stripping machine” from the sea of options available can be challenging. That’s why we’ve handpicked the top […]

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Tom’s Top Picks: Best Tools for Scrapping

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

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Top 25 Most Common Scrap Metals

Which Scrap Metals Made The List?  We love scrap metal. “Who doesn’t?” is the real question, but we continuously hear questions about different examples of scrap metals and the best ones to scrap. Well, in our mind, any scrap metal is the best one to scrap, but then it gets to the question of the availability […]

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4 Ways To Prepare Your Catalytic Converters for Scrap

Brought To You By: Consistent. Fair. Reliable. Know How To Scrap A Catalytic Converter If you are looking to make some extra money and are planning on scrapping a catalytic converter, there are some things you should know. Knowing what to do when recycling a catalytic converter for scrap is essential. There are a few […]

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What Scrap Metals Are Inside Computers?

As our technology continues to advance through the last few decades, it has significantly changed the value of computers in the scrap industry. For example, some components made of gold inside computers 20 years ago are now being built with less costly options like copper or aluminum. With significant changes like that in computers, the scrap […]

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5 Places To Store Scrap Securely & DIY Storage Options

Ways to Store Your Scrap Securely Collecting and recycling scrap metal is a popular side hustle. However, finding bits of valuable metals is only part of the puzzle. You have to consider how and where you’ll store the scrap finds. (If only to stockpile your metal pieces awaiting better prices in the scrap market and […]

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4 Common Types of Steel Scrap

Identifying Types of Steel Scrap Many people have asked us about the different types and prices for steel scrap grades, and we have a few to review. While you may want to learn about as many as possible, there are a couple of places where you should begin to understand the difference between ferrous and […]

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Optimize and Maximize Profits: A Guide to Organizing Your Scrap Metal

Scrappers know that maintaining an organized workspace is crucial for efficiency and profitability. Whether you work out of a garage, storage unit, or backyard scrap yard, the key to success is keeping your materials organized, labeled, and easily accessible. Let’s explore some simple steps to help you declutter your space, introduce effective storage solutions, and […]

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How To Scrap Ethically and Effectively

Recently, there has been a growing interest in scrapping, whether as a hobby or driven by economic and environmental reasons. As we embark on the quest for valuable metals and materials, we must emphasize the significance of legal and ethical methods when sourcing scrap. We will be delving into the different ways to acquire scrap […]

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Best Ways to Make Money Scrapping Metal

Wondering How to Make Money From Scrap Metal? The value of recycling and reusing products and materials such as plastic, paper, cardboard, and even clothing is commonly understood in communities. People in the community collaborate to reduce the amount of waste in landfills while conserving energy by repurposing existing materials to create new ones.   Scrap […]

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Is It “OK” To Cheat The Scrap Yard?

We see videos and tips, ask questions, and see it all in the scrap metal community. Great ways to make extra money on your last load of copper wire or convenient ways to save time and money by disassembling computers. On occasion, you probably have even seen some sneaky ways that scrappers cheat their scrap yards […]

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What Is The Best Time To Go To A Scrap Yard?

Timing Is Everything Choosing the best scrap yard based on prices, experience, and location are some of the most important factors when making the most money on your scrap. Something else you may not have considered to make your scrap yard trip easier was the best time of the year, month, or week to bring […]

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[GUIDE] Maximizing Profits When Stripping Romex® Wire: And A Must-Have Tool To Do It

What is Romex® Wire? Romex® wire is a brand* of non-metallic sheathed cable commonly used for electrical wiring in residential and commercial buildings. It consists of three main components: the grounding wire, positive wire, and negative wire. Common Uses For Romex® Romex® wire is extensively used for electricity distribution in homes and buildings. It is […]

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Different Kinds of Scrap CPU Chips

Many scrappers and community members in our forum have asked us how to determine the differences in CPU chips when they are working with their e-scrap because it is not an easy thing to do…so let’s go over how to do it and how you should sort and separate your CPUs to maximize your profits […]

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How To Scrap Ballasts & Mistakes To Avoid

Ballasts are all over the place…you might not “see” them…but they help you see wherever you are. Inside all types of lights, there are different types of ballasts. From copper to electronic ballasts, they are everywhere and must be looked for when scrapping. There are a few different types of ballasts, and the best way […]

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