SCRAP NEWS | WE KNOW SCRAP

Feeling Sideways, COVID-19 & Scrap – 3/25/20

Jump To Non-Ferrous Prices   Jump To Ferrous Prices Good Day iScrappers! Oh baby baby it’s a wild world. I think that phrase gives us a really good idea of what’s going on right now with all the craziness that is happening in the economy and the world. We hope that everyone is staying healthy […]

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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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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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Current Palladium Scrap Prices – Catalytic Converters

Update (3/21/20) With all of the markets going into a tailspin over the last week we have been watching Palladium and other metals very closely. We have seen an erosion of most commodity markets during March 2020 as the COVID 19 has gone into affect.  We have seen Palladium (and its cousins Platinum and Rhodium) […]

COVID-19 & Its Effects on Scrap Metal – 3/19/20

Jump To Non-Ferrous Prices   Jump To Ferrous Prices Well, these are interesting times… Before any sarcasm or jokes are made we hope that everyone is abiding by the local rules of your states and government, so we can ensure the health and well-being of all Americans and world citizens. With this craziness going on […]

Forget Viruses, Oil Affected Prices This Week – 3/11/20

Jump To Non-Ferrous Prices   Jump To Ferrous Prices Our Head Hurts… If last week we were on a roller coaster than this week we’re not even sure what we’re on, other than some type of crazy rocket ship. After seeing the stock market trading get temporarily paused on Monday after a 2000-point drop overall; […]

How The Coronavirus is Affecting Scrap – 3/4/20

Jump To Non-Ferrous Prices   Jump To Ferrous Prices Adventurers! This has certainly been a wild ride for the last 2 to 3 weeks and it has not stopped going into this week. We hope everyone has been tuning into our weekly reports and trying to keep their mind straight with a copper market and […]

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 […]

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 […]