| Scrap Metal | Scrap Price | Updated Price Date |
|---|---|---|
| Copper National Average | $2.86/lb | Updated 04/11/2021 |
| Steel National Average | $168.00/ton | Updated 04/11/2021 |
| Aluminum National Average | $0.44/lb | Updated 04/11/2021 |
Copper from 1980 through 2005…Copper has become one of (if not) the hottest commodity going into 2021, with the markets drastically going up during the last 6 months of 2020 and into 2021. For many years during the 1980s, 1990s, and early 2000s, copper was one of the most underappreciated metals.
Everyone’s heard of fool’s gold as a kid, where you found a rock that was spray painted and you thought you hit the jackpot, but turns out…it was only a rock. Fool’s Copper typically comes in the form of electrical different pieces of copper. Bare Bright, any scrappers dream, can be mistaken for copper-clad pieces […]
JUMP TO NON-FERROUS JUMP TO FERROUS We’ve been cookin’ something up… 🤫 Well, we have a bit of a secret, but we won’t share it quite yet. Here’s a hint: if you like scrap, like to hear never-before-told stories, and learn how to make more money, then you should pay attention these next few […]
JUMP TO NON-FERROUS JUMP TO FERROUS Hope you get lucky today… Scrappy St. Patrick’s Day! They say that on St. Patrick’s Day, everyone is Irish. So we continue to search for the pot of gold, otherwise known as Copper, but if you have a story about finding an actual pot of gold, we would love […]
With more money being thrown around than ever before in the world right now, it’s crazy to see what’s going on with pricing and commodities and vaccinations and everything else. With so much going on we have had our head on a constant swivel listening for more information and pushing for more market news to be able to share with you.
With aluminum prices continuing to climb, we have seen the price of aluminum really having a steady increase this year. While aluminum prices have always lagged behind in their growth patterns, with the tariffs in place we really saw them get hammered the last couple of years.
We have seen an unprecedented run-up of copper prices to a level that has not been seen since the middle of 2011. These markets running up are not as impressive as the run-up back in 2011 for many reasons that we want to go over. Don’t get us wrong – we love seeing copper prices […]
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 […]
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.
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.
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 […]
