Current Scrap Metal Prices
Scrap Metal Scrap Price Updated Price Date
Copper National Average $3.24/lb Updated 03/19/2024
Steel National Average $211.96/ton Updated 03/19/2024
Aluminum National Average $0.45/lb Updated 03/19/2024
Catalytic Converter Average $76.33/each Updated 03/19/2024

SCRAP NEWS | Ferrous

This Week’s Scrap Metal Prices & Market News

Weekly iScrap Report: Copper Surges & Steel Spirals – The Latest Scrap Prices Report Date: 3/13/2024 Hello Scrappers! We hope you’re riding the wave of positivity with recent upticks in metal prices. Here’s the latest scoop from the metal markets to help you stay ahead. Non-Ferrous Metal News: Copper’s Milestone Achievement: Copper prices have soared […]

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Stock Aluminum BX Wire from RR Yard

Difference Between Steel & Aluminum BX

Which will win for Steel vs. Aluminum BX? As our population increases and more and more buildings are created due to the increased demand, the need for electrical wires to be run only becomes more significant. Let’s discuss the makeup of these wires, shedding light on what they are made of, how to distinguish between […]

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Scrapping a Furnace for Maximum Profit: A Comprehensive Guide

Disposing an old furnace requires careful consideration, as improper disposal can lead to fines in some areas. Due to the size of most units, municipal garbage disposals typically do not pick these up, but if you leave them on your curb, you can also get in trouble with your town. However, scrapping your furnace ensures […]

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Getting Started with Scrap Metal Recycling, What To Look For

Getting started with scrapping and recycling metals can be an overwhelming task for someone who isn’t familiar with the scrap industry. It is also challenging for beginners to find good information to clarify exactly where to start. The iScrap App team has years of experience in the scrap industry and lives and breathes it daily. […]

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4 Common Types of Steel Scrap

Identifying Types of Steel Scrap Many people have asked us about the different types and prices for steel scrap grades, and we have a few to review. While you may want to learn about as many as possible, there are a couple of places where you should begin to understand the difference between ferrous and […]

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What Is The Best Time To Go To A Scrap Yard?

Timing Is Everything Choosing the best scrap yard based on prices, experience, and location are some of the most important factors when making the most money on your scrap. Something else you may not have considered to make your scrap yard trip easier was the best time of the year, month, or week to bring […]

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How To Scrap Ballasts & Mistakes To Avoid

Ballasts are all over the place…you might not “see” them…but they help you see wherever you are. Inside all types of lights, there are different types of ballasts. From copper to electronic ballasts, they are everywhere and must be looked for when scrapping. There are a few different types of ballasts, and the best way […]

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How Do Scrap Yards Work?

So you may be wondering how scrap yards work, what the process of recycling scrap metal includes, what to do when you go to a scrap yard, and what happens when you leave a scrap yard. Below are some basic ways and expectations when visiting your local scrap yard. Who Come To Scrap Yards? The […]

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How Much Is A Scrapped Car Worth?

Recently, we talked to a few scrappers in our Facebook Group about scrapping cars. The question was asked, “Are cars worth scrapping when the prices are so cheap?” Well…I guess there are a lot of answers to that question, so let’s go over them. Scrapping Cars When Prices Are High When cars were worth $3-500 […]

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Common Measurements in Scrap Metal Recycling

Scrap metal is an industry of numbers. Prices, weights, net weight, tares, and so many other factors. Knowing how your scrap yard scales operate and all the measurements that go into selling and buying scrap metal is essential. Asking questions at your scrap yard is a good way to find the different regulations or policies […]

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What Is A Net Ton In Scrap Metal?

In scrap metal, weight is critical in determining your materials’ value. However, it’s not just about how much metal you have but also how you measure it. While everyone who paid attention in school can tell you that a ton is 2,000 lbs, the answer to what a “ton” is and why your local yard […]

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What Is “GT” (Gross Ton) In Scrap Metal

Understanding the various weight measurements in scrap metal is crucial for scrappers, yards, and buyers to ensure fair transactions and accurate valuations. Among the commonly used terms, “Gross Ton” (GT) and “Net Ton” play pivotal roles in determining the worth of scrap materials. But what is a “Gross Ton,” and how does it apply to […]

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