SCRAP NEWS | Month: May 2020

How Do You Strip Copper Wire For Scrap?

Are you looking to make more money from your copper scrap wire and cables? The iScrap App team has you covered. While scrapping various electronics and accessories, copper wire is an easy way to make some extra money by stripping it for the bare bright copper wire. There are several different widths and lengths of […]

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.

Factors of Scrap Metal Pricing

Scrap metal Prices change when the stock market prices fluctuate

Whether you are a small-time scrapper or a large scrap yard or refinery, the scrap metal market can be a tricky beast to understand. With the commodity market and stock market always changing hourly during the day, one can never be quite sure how it all works. With some easy to understand explanations and examples […]

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 […]

Types of Stainless Steel & Where To Find Them

So we have talked to many people about their scrapping habits…and it always seems that they want to learn, learn, learn more about where to find different types of scrap metals. Well……WE DO TOO! One of the harder metals to really figure out is stainless steel. There are so many grades of stainless that it […]

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.

Top 7 Careers That Generate Scrap Metal

So our thing is scrap. That’s what we talk about, that’s what we know, that’s what we love. We have talked about where scrap comes from, and how to sort and separate it…but we wanted to talk about the jobs that people do to be able to create scrap. Top 7 Careers That Generate Scrap […]

Making Scrap Metal Money from Sports Equipment

With the seasons constantly changing, that means the sports seasons are changing, and that means you can look to sports for scrap. Many times in team sports there are new regulations that go into effect and require players to purchase new equipment and get rid of their old stuff. With other sports or fitness routines, […]

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.