SCRAP NEWS | Make Money Scrapping

Odd Scrap Items? They’re All Over!

We constantly are answering the question through emails, chats, and our Facebook Group about different types of scrap and weird items that they come across, so let’s go over a few.  Water Heaters We know that water heaters might not sound like a funny item to scrap, many water heaters have little secrets inside. If […]

Current Scrap Prices: Market Dropping – 8/15/18

Hey iScrappers! We hope that everyone has been staying busy and especially paying attention to the scrap metal market. With prices, tariffs, and international news making headlines right now you need to make sure to really being content with the markets moving a lot. The most recent news is the trade problems with Turkey. With […]

Should You Save or Cash In Your Scrap Metal?

For years we have had customers and iScrappers asking if we recommend saving materials…it’s an easy answer. No, we don’t. Saving things is another form of gambling and gambling on things that are controlled by the world economic environment is a TOUGH thing to be able to do. Saving materials is always a tough thing […]

Scrapping Aluminum Wire & Why It Can Pay Off

If you have insulated aluminum wire or bare aluminum wire, there are a few things to keep in mind to ensure that you receive the best price at your scrap yard. Insulated aluminum wire is used in replacement of copper wire in many instances to be a cheaper and easier solution. While it is not […]

Could Electric Motor Prices Drop As Low As Steel?

As of July 2018 –  We have seen copper prices jumping all over the place, heard rumors about exports getting ready to dry up to China – and that may just be the start of things. With recent news of more tariffs going into place, we may be seeing these markets turning a different direction.  […]

Should You Separate Chrome & Yellow Brass?

Scrappers on our Facebook Group recently had a discussion about how they should separate their brass scrap and also how their scrap yard accepts various kinds of brass. This led to a wide variety of responses because a lot of scrap yards are different on how they buy materials and grade brass. One complaint that was […]

6 Best Strategies For A Dropping Scrap Market

Scrap prices are volatile

You have to pay attention to the market even more with the scrap market’s latest drop-off. While frustrating to most scrappers, scrap yards, processors, and others involved in the industry, we all have one thing in common dropping prices hurt. When the markets are dropping or not performing well what are some good strategies to go […]

5 Ways To Suppress Your Frustration During Down Markets

Ways to fix low scrap metal prices

We get it. We really do. The scrap metal prices in 2015 have been nothing less than a really tragic story in the scrap industry. Over the last 8 months the steel market has dropped almost 70% and prices are at 7-year lows. It’s not like it’s just a small dip in the prices, but a […]

6 Ways To Cut Expenses When Scrap Prices Are Down

How to cut expenses when scrap copper prices are down

The iScrap App Team understands the frustrations of low scrap prices and the waiting game for the markets to return to decent levels. We have heard stories of scrap yards closing due to the low prices and not being able to cover costs for operation. Also there are several scrappers that have stated they can […]

4th of July & American Metal Facts

Facts about the scrap metal market in America

That time of year is here when the sun is shining, water is splashing, beers are flowing, and burgers are cooking. With the 4th of July Holiday here in America, we want to take some time aside to go through the history of our fine country and how metal and other commodities have changed in […]

What Sources Do We Use For Scrap Prices?

A lot of people tune in to our weekly reports and we get hundreds of questions about where we learn about our scrap ideas, knowledge, etc…so we wanted to share some different ideas and concepts that we have to find scrap news and piece things together. There are so many news sources out there so […]

Factors of Scrap Metal Pricing

Scrap metal Prices change when the stock market prices fluctuate

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 […]