SCRAP NEWS | WE KNOW SCRAP

Top 25 Most Common Scrap Metals

We love scrap metal. Who doesn’t is the real question but we always hear questions about different types of scrap metals and what is the best one to scrap? Well, in our mind any scrap metal is the best one to scrap, but then it gets to the question of availability of the metals, where to […]

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4 Ways To Prepare Your Catalytic Converters for Scrap

Know How To Recycle A Catalytic Converter for Scrap If you had a catalytic converter replaced on your vehicle or you are looking to make some money with them for scrap value, there are some things you should know. It’s important to know what to do when you are recycling a catalytic converter for scrap. When […]

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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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The Best Wire Strippers for Scrap Copper Wire & Cable

If you’re a scrapper looking to make more money, one of the tools you may consider investing in is a wire stripper. But it depends on what you need and for what kind of wires. One of the most lucrative ways to make more money on scrap is by stripping wires and cables from various […]

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9 Signs of a Sketchy Scrap Yard

If you’re a metal scrapper, then you know that finding a good scrap yard is key to making money. But not all scrap yards are created equal. Some scrap yards are downright sketchy, and it’s essential to be able to spot them before you waste your time (and energy) interacting with them. For decades, some […]

Uh Oh…Copper’s Falling Fast – 6/22/22

Don’t Miss Reports 👇👇 SUBSCRIBE HERE What is REALLY going on? Here we are looking at the markets trying to figure out our left hand from our right hand. We’ve seen copper prices decline by over $0.60 in the last three weeks and there haven’t been any strong signs of market growth or stimulation from […]

Aluminum Prices Drop 40% Since May – 6/15/22

Don’t Want To Miss Reports? SUBSCRIBE HERE Where to begin? In the last week, we have seen massive market news and none of it seems to be good. Whether you were trying to hit it rich with cryptocurrency for the traditional copper sales, everything seems to be down right now. On top of that, we […]

Your First Time Going To A Scrap Yard

Have you ever been curious about what goes on at a scrap yard? Maybe you’ve seen people pulling up with U-Hauls full of metal and wondering what goes on inside. Or perhaps you’re looking to earn extra money by recycling metal and want to know where to take it. This guide will cover everything you […]

Spiral of Steel Continues, New Guest This Week – 6/8/22

Don’t Want To Miss Reports? SUBSCRIBE HERE Yikes! It looks like it’s going to become a long summer fueled by high gas prices and upset scrappers. After listening to many economists over the last few weeks we have learned about the oversupply of steel across many areas of the country. These over supplies inside of […]

Full-Time Scrapping: Is It An Option For You?

With the job market in a frenzy after the COVID-19 pandemic, many people are left searching for ways to make ends meet. People were laid off, while others decided to walk away from unsatisfactory work situations.  Metal scrapping can be a great way to make extra cash. But can you make a living off of […]

Boosted Converter Prices, China Reopening – 6/1/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Wow!!! Five months down into 2022, and overall, it’s been a pretty good market if you want to average things out. Yes, the first three months of the year were great, but we have seen a recent pullback, but overall we are in good shape. In the […]

Will China Reopening Help Prices? – 5/25/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS 🎉 Happy Birthday to Tom, the Founder of iScrap App! 🎉 – Leaving him a comment on YouTube! Wow!!!! It looks like the prices may be rising again. After seeing the Chinese essentially shut down hundreds of millions of people from working and have their economic output […]

[5/18/22] Weekly HOLD or SELL

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Yowza!!! In the wild world of scrap, we have seen all types of news in the most recent weeks. We have seen the continued market sell-off for steel and iron, and extreme gas prices and we even started to see copper prices coming back. Now, your question […]

Inflation Improving or Hurting Scrap? – 5/11/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Copper Dropping- Oil Increasing With another week of the Chinese having heavy Covid lockdowns, it continued to see metal prices declining. While that is certainly not the only issue, it is one of the hot pot and topics that recently come to counter costs. We see the […]

You Should HOLD Your Copper This Week – 5/4/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Not As Much Bad News… This week’s good news is that we don’t have any news worse than last week. We have not seen much of a market shift over the previous few days, but many things are going on that will disturb the markets that we […]

Don’t Say We Didn’t Warn You – 4/27/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Where to Begin?!?! No one likes to be right about things that aren’t exciting to talk about, but that is what’s happening right now with the markets. We see a market correction across the spectrum for steel and copper as so many prices are being dropped. Many […]