Current Scrap Metal Prices
Scrap Metal Scrap Price Updated Price Date
Copper National Average $3.14/lb Updated 02/26/2024
Steel National Average $219.74/ton Updated 02/26/2024
Aluminum National Average $0.44/lb Updated 02/26/2024
Catalytic Converter Average $71.00/each Updated 02/26/2024

SCRAP NEWS | Ferrous

This Week’s Scrap Metal Prices & Market News

Weekly iScrap Report: Uplifting Markets Amidst Increased US Production Report Date: 2/21/2024 Signs of Stability Across Metal Markets Despite Challenges This week, the scrap metal market has observed notable trends, including a rise in oil prices and a modest resurgence in copper values post-Chinese New Year. As we delve into these shifts, the enduring presence […]

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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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How Do You Scrap A Computer?

Many homeowners have a desktop computer in their house. Finding a place to recycle your old computer can be difficult if you want to upgrade to a laptop. After you have found a local scrap yard that accepts electronic waste or e-waste, you can bring your computer to be scrapped. Scrap yards will usually NOT […]

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How To Take Apart Scrap Computers (Step-by-Step Guide)

One of the most sought-after electronic scrap items is desktop computer towers for the high value of their components and because they are straightforward and easy to come across when scraping. Computers can be scrapped as a whole unit, but you will make more money if the time is used to take them apart for […]

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Can You Recycle A Cast Iron Stove?

Many older homes have bulky and heavy cast iron stoves that are often scrapped because of their inefficiency in a modern home. While we are fans of the looks of Cast iron stoves, some people want to get rid of them and try to recycle them at the local scrap yards. Cast iron stoves are […]

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