SCRAP NEWS | News

This Week’s Scrap Metal Prices & Market News

Reports Sent To Your Inbox SUBSCRIBE HERE Are Aluminum Scrap Prices Improving? ALSO: Stainless Steel Has An Upside for Holding Report Date: 12/7/22 Merry Christmas & Happy Holidays, Scrappers! Over the last week, not much has changed regarding the markets, as things have become collectively flat on the copper side of things. Going into Christmas, […]

2022 Fourth Quarter & Where Scrap Prices Are Heading

  Reports Sent To Your Inbox SUBSCRIBE HERE Don’t Get Too Excited About 2023 ALSO: Elections Will Affect Scrap Prices Report Date: 10/19/22 Going into the fourth quarter, we’ll see a lot of questions, primarily until the midterm elections are sorted out. On top of that, everyone continues to talk about recession, recession, recession, and […]

How Do You Get Paid for Scrap Metal?

We’ve all seen people at the grocery store bring bottles and cans to the recycle bin and get their money back. But what most people don’t know is that you can get paid for other types of recyclable materials – like scrap metal. You might be surprised to hear that the scrap metal industry is […]

Where Are Scrap Prices After First Half of 2022?

The First Half of 2022 is Over! That means it’s time for our team to summarize where the markets have been and where we think they are heading for the second half of 2022. Aluminum Scrap Prices in 2022 The darling of the first quarter has dropped down by over 35% this year overall. We […]

How To Use the iScrap App

One of the most convenient ways to find local scrap yards and sellers is the iScrap app. It’s a free app available for both Android and Apple devices, and it’s used by many in the scrap industry. In this post, we’ll go over some of the basics of using the app. Whether you’re new to […]

Top 9 Industries That Affect Scrap Metal Markets & Prices

Scrap metal industries focus on reducing, reusing, and recycling. You’ll find that the sector is vital in eliminating our wastes and reducing carbon footprints. One of the questions that we keep asking is whether the metals market is going up or down anytime soon. In most cases, you notice how quickly the scrap metals change. […]

Copper Prices See All-Time High, But Why?

Why has the copper market shot up so fast? The Ukrainian and Russian conflict is causing all of the price gaugings that we have seen since the initial invasion of Ukraine. These world events will generally have significant ripple effects across the markets and commodities, especially when you start to consider the oil effect that […]

How Supply Chain Issues Affect Scrap Prices

While the market size for the scrap metal industry is projected to grow by 8.3% in 2022, the sector is facing a significant challenge; surging prices. As of 2021, the process of iron and steel rose to approximately $435 per metric ton. This is almost double the $228 price for the previous year.  Depending on […]

10 Things Your Scrap Yard Probably Won’t Accept

10 Things Your Scrap Yard Probably Won't Accept

Are you new to scrapping or perhaps have some things you’d love to take to your local scrap yard? If yes, you may be on to something. Whether it’s consistently or for a one-off deal, selling scrap metal can give you decent returns.  But before you begin scrapping, you should familiarize yourself with the critical […]

2022 Scrap Price Outlook Series – By iScrap App & RRCats.com

Wondering where scrap prices are heading in 2022? Watch this year’s outlook and find out what factors are changing prices for several key scrap metals including: 2022 Scrap Price Outlook for Copper 2022 Scrap Price Outlook for Aluminum 2022 Scrap Price Outlook for Catalytic Converters 2022 Scrap Price Outlook for Steel & Iron Watch the […]

Couple Finds $10M Worth of Coins

A California couple recently was walking through their backyard of over 10 years, and stumbled upon a few paint cans of gold coins from the 1800s. Most of them being in pristine condition, they are valued at over $10 million for their collector value. One of the coins alone is worth over $1 million. The […]

Metal Monday: Alnico Magnets

Rare earth magnets called alnico magnets

Rare earth magnets generally apply to a magnet called Alnico. Alnico magnets are very expensive and can be found inside of harddrives among many other items. They are very strong…and also very expensive to buy. What is inside of one? Aluminum, Copper, Cobalt, Titanium, and Iron. All of these put together at the correct temperature […]