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 | Make Money Scrapping

Talk the Talk: Mastering the Scrap Metal Lingo

Knowing what you have…and saying what you have are two different things. It is not easy to always know what type of material you have, and without knowing the proper terminology, it will be challenging to sell it for the right price at your local scrap yard. What Is The Lingo? What does that mean […]

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What Makes Yellow and Rod Brass Different?

Understanding the differences between brass grades is crucial for maximizing returns regarding scrapping. Among these, Yellow Brass and Rod Brass stand out as standard varieties. Let’s delve into what makes Yellow Brass and Rod Brass unique, where they can be found, how to differentiate them, and why prices for different brass grades may vary. What […]

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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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Optimize and Maximize Profits: A Guide to Organizing Your Scrap Metal

Scrappers know that maintaining an organized workspace is crucial for efficiency and profitability. Whether you work out of a garage, storage unit, or backyard scrap yard, the key to success is keeping your materials organized, labeled, and easily accessible. Let’s explore some simple steps to help you declutter your space, introduce effective storage solutions, and […]

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How To Scrap Ethically and Effectively

Recently, there has been a growing interest in scrapping, whether as a hobby or driven by economic and environmental reasons. As we embark on the quest for valuable metals and materials, we must emphasize the significance of legal and ethical methods when sourcing scrap. We will be delving into the different ways to acquire scrap […]

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Best Ways to Make Money Scrapping Metal

Wondering How to Make Money From Scrap Metal? The value of recycling and reusing products and materials such as plastic, paper, cardboard, and even clothing is commonly understood in communities. People in the community collaborate to reduce the amount of waste in landfills while conserving energy by repurposing existing materials to create new ones.   Scrap […]

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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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[GUIDE] Maximizing Profits When Stripping Romex® Wire: And A Must-Have Tool To Do It

What is Romex® Wire? Romex® wire is a brand* of non-metallic sheathed cable commonly used for electrical wiring in residential and commercial buildings. It consists of three main components: the grounding wire, positive wire, and negative wire. Common Uses For Romex® Romex® wire is extensively used for electricity distribution in homes and buildings. It is […]

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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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What Is #2 Copper? How To Sort and Find This Copper Scrap

When it comes to scrapping copper, every piece of metal has a unique identity and value. We’ve talked a ton about Bare Bright and #1 Copper, but let’s dive into the specifics of #2 Copper. Shedding light on what sets it apart from #1 and #3 Copper that you typically find when scrapping. What’s The […]

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