Current Scrap Metal Prices
Scrap Metal Scrap Price Updated Price Date
Copper National Average $3.35/lb Updated 02/06/2025
Steel National Average $171.35/ton Updated 02/06/2025
Aluminum National Average $0.52/lb Updated 02/06/2025
Catalytic Converter Average $75.93/each Updated 02/06/2025

SCRAP NEWS | Ferrous

This Week’s Scrap Metal Prices & Market News

Copper & Aluminum Surge as Steel Prices Rebound – What’s Next for Scrap in 2025? Report Date: 2/5/2025 Hello Scrappers! Hey, scrappers! The markets are off to a strong start in 2025, and we’re here to break it all down for you. Copper and aluminum are on the rise, while shifting trade policies and supply […]

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Scrap Electric Motors: A Complete Guide to Maximizing Your Profit

Electric motors are everywhere—in household appliances, power tools, and even industrial equipment. Whether you’re a beginner or an experienced scrapper, knowing how to scrap electric motors efficiently can help you make the most money. But should you dismantle them or sell them whole? In this guide, you’ll learn: Let’s dive in and maximize your scrap […]

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4 Common Types of Steel Scrap

Identifying Types of Steel Scrap Many scrappers ask about different steel scrap grades and their prices. Understanding these grades can help you maximize your earnings when selling scrap. But before we dive into the most common types of steel scrap, let’s review a key concept: the difference between ferrous and non-ferrous metals—and why a magnet […]

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What To Do When Scrapping Microwaves

When you are cleaning out your apartment or one of your kids accidentally heated a thermos in your microwave, and it combusted, it may be a good time to scrap it. Microwaves are also a prevalent item to find while scrap hunting in your neighborhood. Often, people place them on the curb to go out […]

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Factors of Scrap Metal Pricing

Whether you are a small-time scrapper or a large scrap yard or refinery, the scrap metal market can be a tricky beast to understand. With the commodity market and stock market always changing hourly during the day, one can never be quite sure how it all works. With some easy to understand explanations and examples […]

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6 Scrapping Wonders of the World

The iScrap App Team is excited to bring you 6 of the Scrapping Wonders of the World. We have gone through some notable infrastructures made throughout the centuries, which would be a scrapper’s dream. Many large landmarks around the world are made from metal. Have you ever wondered how much they would be worth if […]

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Metal-Eating Magnetic Putty!

Watch out scrappers this is like quick sand for your metals! We recently found this crazy story from our friends at Redline Metals . So this magnetic putty swallows your metals whole so don’t get too close! This cool creation has small magnets in the putty so when you begin playing with it with a […]

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Can You Make Money Scrapping Sports Equipment?

Sports of all types have multiple different tools to make them happen. Many include metal ones, and we want to touch on key sports to look at while scrapping. Think of some that we missed? Let us know! Also, be sure to check out our full article about items you can scrap that you can […]

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Ripple Effect of Trade Wars on Scrap Metal

A lot of people continue to talk about the tariffs, and how they are going to affect the whole scrap markets…and the short answer is (insert drum roll please), negatively but then positively. Things have to go through rocky turbulent times in order to get to smoother waters and that is what we are seeing […]

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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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The History Of Copper

Copper is one of the oldest known elements to have been used for tools, trading, and decorative pieces. Dating back thousands of years, you can see copper used in multiple items, from trading coins to hunting tools. Today, copper is found in almost every electronic that you see and is one of the best elements […]

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The Basics of Eco-Friendly Scrap Metal Salvaging

The summer inevitably brings hot, humid days, rainstorms, backyard barbecues, and evening baseball games. For thousands of families nationwide, the warm weather signals the time of year when you might be moving. For offices, the summer offers a few months when the physical move can occur. While it can be daunting to collect all your belongings, […]

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