Current Scrap Metal Prices
Scrap Metal Scrap Price Updated Price Date
Copper National Average $3.41/lb Updated 10/13/2024
Steel National Average $198.05/ton Updated 10/13/2024
Aluminum National Average $0.48/lb Updated 10/13/2024
Catalytic Converter Average $75.93/each Updated 10/13/2024

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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, owns a scrap yard and has been in the business for years. We sat down with him to chat about […]

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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 Is The Importance of Platinum in Scrap?

What is Platinum? Platinum is a precious metal used in many applications, from jewelry to electronics and catalytic converters. It is one of the most valuable precious metals in the world and, because of its use in multiple spaces, has always been a coveted item to recycle. Where to Find Scrap Platinum? You generally will not […]

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Can You Scrap Platinum?

Platinum is a metal most people think of as being used in jewelry, but most cars have platinum underneath them in the catalytic converters! Platinum can help filter some of the CO2 before it hits the exhaust and goes into the air. Due to its high melting temperatures, platinum is used in many specialty applications besides jewelry. […]

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Scrapping O2 Sensors for Money: What You Need to Know

Are you sitting on a goldmine without even realizing it? Oxygen (O2) sensors are valuable components in most vehicles and can be recycled for their precious metals. Let’s dive into why scrapping O2 sensors is worth your time, answer common questions about their value, and show you how you can make money by selling them […]

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Scrapping A Stainless Steel Sink

Taking out a stainless steel sink can be an intelligent move at your scrap yard. To make an extra buck on the stainless steel sink, remove the steel ring on the outside and drain from the bottom to make more money. Take a hammer and chisel and hit away! Be sure to save the brass drain […]

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What is the Difference Between Copper Cable and Copper Wire?

How thick should copper cable generally be? Many people refer to insulated copper wire and cable as the same thing. But we want to clarify what most scrap yards consider copper cable. Insulated Copper Cable is generally much thicker and has a much higher copper content and recovery base. What Is Insulated Copper Wire? These […]

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Best Places To Find & See Current Scrap Prices

Figuring out when to sell scrap is tough. Do you do it when the prices jump fast? Do you wait and then shop around? Knowing what the market is doing is half the battle. Talking to your local scrap yards can help you determine when the prices are high, when to hold onto scrap material, and […]

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What Is An XRF Analyzer?

How do scrap yards know what types of metals they are buying? That is a common question that many scrappers have asked us in the past, and it is valid. Knowing what metals you are selling is, well, kind of a big deal. We know that your scrap yard will know what copper, brass, and […]

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There’s A Magnetic Stainless Steel?

Hey, iScrappers! Last week, we discussed cast aluminum and touched on two other metals; today, we will review another odd metal: magnetic stainless steel. Now, many of you are going to ask, hey, what’s magnetic stainless steel? Don’t you mean steel? There is magnetic stainless steel, and one of the common grades is 410 Stainless Steel. […]

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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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When to Scrap Patio Furniture

Patio furniture is one of the best items to score on while scrapping. Suppose you are moving or have recently bought new furniture for your backyard hangout. In that case, you may be looking to get rid of your old furniture and make some extra money. Usually, you will have steel or aluminum furniture, but […]

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Should You Save or Cash In Your Scrap Metal?

For years we have had customers and iScrappers asking if we recommend saving materials…it’s an easy answer. No, we don’t. Saving things is another form of gambling, and gambling on things that are controlled by the world’s economic environment is a TOUGH thing to be able to do. Saving materials is always a tricky thing […]

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