SCRAP NEWS | Month: February 2022

How Does the Scrap Metal Recycling Industry Work?

Scrap metal recycling is the process of recovering and processing scrap metal from end-of-life items or structures, as well as manufacturing scrap, to use it as a raw material in the manufacture of new goods. It may be recycled many times without losing any of its properties. It provides the raw material for new goods while […]

Tensions In Ukraine Affecting Scrap Prices – 2/23/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Scrappers! In the last few weeks, we have seen huge and solid markets overall. We have seen the needs stabilizing with a stable copper market over the previous few weeks. Instead of just talking about copper and steel prices, we want to talk about potential problems that […]

How Supply Chain Issues Affect Scrap Prices

While the market size for the scrap metal industry is projected to grow by 8.3% in 2022, the sector is facing a significant challenge; surging prices. As of 2021, the process of iron and steel rose to approximately $435 per metric ton. This is almost double the $228 price for the previous year.  Depending on […]

Wow, Copper. Ok, We See You. – 2/9/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Scrappers! If we had written this one day earlier, we would not have as good news as today. We have seen all markets increasing across every spectrum, from aluminum to steel to copper; with these markets having such substantial increases, we expect the year’s balance to show […]

Copper Gets It’s Groove Back – 2/2/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Happy February!  With the month of love quickly upon us, we have certainly been loving the increase in copper prices the last few days. We know that we probably sound like we’re repeating ourselves, but with these markets in the positions and price ranges that they are […]

Best Tips for Scrapping During All Weather

Are you aware that the US scrap metal recycling market is worth $30.1 billion? But more importantly, it’s expected to grow by 8.3% in 2022.  So, if you’re looking for a way to earn some extra cash, selling scrap metal is an ideal solution. But, as with any industry, there are many things that you […]

10 Things Your Scrap Yard Probably Won’t Accept

10 Things Your Scrap Yard Probably Won't Accept

Are you new to scrapping or perhaps have some things you’d love to take to your local scrap yard? If yes, you may be on to something. Whether it’s consistently or for a one-off deal, selling scrap metal can give you decent returns.  But before you begin scrapping, you should familiarize yourself with the critical […]