SCRAP NEWS | Ferrous

Will High Oil Prices Cause Scrap Drop Off? – 4/6/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Welcome to April! The first three months of the year are behind us, and we’re continuing to see increased prices on the horizon. We’re watching these prices, and they have continued to go up over the last week. We’ve seen copper prices increase by $0.15 a pound, […]

War, Oil, Inflation: All Fueling High Scrap Prices – 3/30/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Markets Roaring! Talk about insanity in the markets. We see absolutely no signs of stability or anything that resembles a regular trading pattern right now. These markets have been all over the place, and it’s not only due to the war in Ukraine but also because of […]

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 […]

Should I HOLD or SELL in Volatile Markets? – 3/9/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Good Day Scrap World, Another week of the sad news coming out of Ukraine and Russia has led to massive commodity spiking and problems worldwide. We may see an upset in the markets with prices bouncing up and down on all metals, from copper to palladium to […]

Oil, Aluminum Prices Up with Ukraine Conflict – 3/2/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Good Day Scrappers! First and foremost we send our prayers to the conflict in Ukraine and we hope that it gets resolved as peacefully as possible.    With this conflict going on we have a lot of problems in the metals markets and we are going to be […]

How Does the Scrap Metal Recycling Industry Work?

Scrap metal recycling is the process of recovering and processing scrap metal from end-of-life items or structures, as well as manufacturing scrap, to use it as a raw material in the manufacture of new goods. It may be recycled many times without losing any of its properties. It provides the raw material for new goods while […]

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 […]

Wow, Copper. Ok, We See You. – 2/9/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Scrappers! If we had written this one day earlier, we would not have as good news as today. We have seen all markets increasing across every spectrum, from aluminum to steel to copper; with these markets having such substantial increases, we expect the year’s balance to show […]

Copper Gets It’s Groove Back – 2/2/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Happy February!  With the month of love quickly upon us, we have certainly been loving the increase in copper prices the last few days. We know that we probably sound like we’re repeating ourselves, but with these markets in the positions and price ranges that they are […]

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 […]

Demand Is Pushing Non-Ferrous Prices Higher – 1/20/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS We Are LOVING These Markets. It may not be Valentine’s Day yet – but we are sure loving these markets. They have not surprised us and have shown a little resiliency over the last few days, even after a quick jump the previous week. The immediate market […]

Copper Jumping, Higher Prices for First Half of 2022 – 1/12/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Whoop, There It Is! With the copper markets giving us a great surprise this morning with a $0.10 per pound jump, we are hoping you are ready to cash in. The needs have been on a tear, with copper prices trading over $4.00 per pound for over […]