For years we have talked about the “unicorn” in the scrap industry that we saw all the way back in 2010 and 2011, which was copper trading at $4.00/lb. It had seemed to be a number that we may have never see again. And if we did, it would be so far out into the […]
SCRAP NEWS | Month: February 2021
Copper continues to soar. Let’s just keep with that topic as we have seen the copper prices increasing and even approaching the all-time record high.
JUMP TO NON-FERROUS JUMP TO FERROUS 9. Year. Highs. Brrrr (says most of the country)! Who would’ve believed one year ago that we would’ve had copper prices that bottomed out with multiple-year lows and then within one year had copper prices jump to nine-year highs?!? We have seen the markets continue to rally and surpass […]
While the stimulus has been heavily discussed, one of the major reasons that the price of copper has gone up has been the optimistic point of view, not only for electric vehicles coming on board but also for the world recovery from what was 2020.
If you are looking for some really cool scrap metal sculptures and creations, we have 10 of our favorites below. We have to take some time to really check out how cool these are and how intricate the pieces involved are. Some of these look realistic from a far distance. Check them out: What’s cooler […]
Over the last week, we have been intently watching these markets trying to get a grip of what’s going on with them, but so far we have not seen any concrete evidence or news coming out that will affect the markets in any type of a positive light.
You’re safe and health is most important to the Team at iScrap App. One of the most common questions we have received lately from scrappers is about the COVID-19 and how it’s affecting scrap yards, scrap prices, and the industry. One thing that may not be getting attention is the effect that the virus itself […]