SCRAP NEWS | Copper Wire

Don’t Delay, Hold Your Copper – 6/29/22

Join 30k Scrappers reading the 10-Min Weekly Newsletters 👇👇👇 SUBSCRIBE HERE Half of 2022 is Done Last week we continued to see energy prices decreasing as we have seen gas go down 15 days in a row. Later in this report, we will have our energy economist explain more about the markets and what’s going […]

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 […]

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 […]

Are Scrap Prices Slipping? – 4/20/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Happy Day Scrappers! Today we would love to give you about 420 reasons we love copper. But with many scrap yards across the country paying $4.20/lb for items like bare bright, we are going to let those scrap yards and numbers do the talking. With the price […]

Copper Prices Drop $0.60 – 3/16/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS War Leading the Markets Happy Wednesday!  With the markets returning to levels that we saw three weeks ago before the Ukrainian war started, we have seen prices return across the board except on the steel front. We have seen copper prices drop down almost $0.60 per pound […]

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 […]

The Copper Rollercoaster May Crash Soon – 1/26/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Scrap Happens…and we love it.  We saw a bunch of craziness in the market last week, but that seems to be regular nowadays. We’ve seen the stock market dive over 1000 points one day only to go down 800 points the next day, and somehow both of […]

How Do You Scrap An Electric Motor?

Electric Motors can be found in a variety of items like vacuums, computers, ceiling fans, air conditioners, and more. Almost anything that requires electricity and has moving parts will have an electric motor inside. They are often collected for scrap metal recycling because they are heavy and contain a large amount of copper wire. Get […]

When Scrap Prices Rise, Theft Goes Up

Scrap theft is preventable

Generally, when scrap prices go up, people in the scrap industry are happy. Everyone makes more money unless you lose money because of thieves, which can be common when scrap prices are high. Desperate Times, Call for Desperate Measures When scrap prices are high, there are daily reports of scrap metal thefts around the world. […]

Metal Monday: Copper Cable vs. Copper Wire

Difference between copper cable vs. copper wire scrap metal

How thick should copper cable be? A lot of people refer to insulated copper wire/cable in the same respect…but we want to clarify what most scrap yards consider copper cable. Copper cable is generally power cable and is much thicker in the copper content and recovery base. Insulated Copper Wire: Insulated copper wires normally include: […]

Scrapping: The Perfect Side Hustle For Extra Cash

There are full-time scrappers, hard-core scrappers, part-timers, and those that grew up in the business and continued on the legacy. And then you have hobbyist scrappers: those who one day heard about this thing called scrap metal, decided to try their hand at it, and got addicted.  The Perfect Side Hustle For Extra Cash Maybe […]