5/26/16 Scrap Price Report: Meet Copper Prices, Jumping Jack

Current Scrap Metal Prices in US & CanadaHey iScrappers!!!

Wow the last week has been CRAZY!!!! Copper is acting like a jumping bean, steel has decreased slightly….and it looks like a lot of the summer weather is finally coming.

FERROUS MARKET REPORT

In the last week we have seen steel prices go down from $5-10 per ton and it seems that there might be a weakening going into the June markets. With the markets on a downturn you have to be careful and you might want to unload what you have now…

Reported Steel & Iron Scrap Prices:

  • North Bay, ON: Light Iron, $155 per ton (5/25/16)
  • Rochester, NY: Light Iron, $169 per ton (5/23/16)
  • Ypsilanti, MI: Sheet Iron, $125 per ton (5/22/16)
  • Indianapolis, IN: #1 Steel, $110 per ton (5/22/16)
  • Alsip, IL: Sheet Iron, Light Iron, $110 per ton (5/20/16)
  • Columbus, OH: Sheet Iron, $110 per ton (5/21/16)
  • Superior, WI: Light Iron, $70 per ton (5/19/16)
  • Rogersville, MO: #2 HMS, $200 per ton (5/19/16)
  • Denver, CO: Scrap Iron, $220 per ton (5/18/16)

NON-FERROUS MARKET REPORT

Who knows what is going on right now with the markets…they are really jumping all over the place and it is going to be tough to gauge where we are going from here. We have seen copper dive almost $0.20 per lb in the last two weeks…only to regain $0.05 per lb in the last two days. Who knows where we are going to go from here, it should be interesting. Be sure to keep your eye out about current scrap copper prices and keep track of the market for any quick upticks or drops.

Reported Copper, Aluminum, & Brass Scrap Prices:

  • Ellijay, GA: #1 Tubing, $1.88 per lb (5/25/16)
  • Belingham, WA: Bronze, $1.30 per lb (5/25/16)
  • Indianapolis, IN: Computer Wire, $0.25 per lb (5/23/16)
  • Winnipeg, Manitoba: Sheet Aluminum, $0.34 per lb (5/22/16)
  • Rochester, NY: SEaled Units, $0.13 per lb (5/21/16)
  • Oklahoma City, OK: #2 Tubing, $1.44 per lb (5/21/16)
  • Edmonton, Alberta: Bare Bright, $1.90 per lb (5/20/16)

For those of you in the US please have a safe and Happy Memorial Day Weekend. We thank all that have served our Country to protect our freedom.

Current Scrap Price Averages (As 5/26/16):

  • Bare Bright Copper: $1.45-$1.70
  • Copper Pipe: $1.35-$1.65
  • Clean Brass: $0.85-$1.10
  • Insulated Copper: $0.40-$1.05
  • Aluminum Sheet: $0.22-$0.31
  • Stainless Steel: $0.20-$0.25
  • Aluminum Cans: $0.22-$0.32 (Not CRV Pricing)
  • Light Iron: $85-$105 per ton

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