JUMP TO NON-FERROUS JUMP TO FERROUS Inflationvaccination! Try saying those two words together 10 times fast and let’s see how well you do. In the meantime, enjoy some of the copper prices, as well as the increase in iron over the last two weeks. While so many people are only talking about the number of […]
SCRAP NEWS | Reported Scrap Prices
JUMP TO NON-FERROUS JUMP TO FERROUS Can You Believe What’s Going On With These Markets? Well, well, well. That just happened. Copper markets have hit all-time record highs. Let’s just take a breath and relax for a second while you absorb that. Wait for it….(breath)…OK let’s get back to business. Copper prices have soared […]
With copper prices rising and worldwide demand increasing, we won’t be surprised to see a quick decrease or a fast increase coming soon.
Increased prices have been fueled by increased demand in the world’s economic recovery. We have seen scrap yards increasing their prices over the last couple of weeks by about $0.30/ lb. on copper #1 and #2 on average. On top of this, we have seen a continued push for higher prices across all aluminum markets, and these price increases could continue throughout the rest of the year.
With copper leading the way over the last week, with gains of $0.20 per pound, we have seen all reported prices jumping. More importantly, we continue to see the aluminum market gaining steam and momentum moving forward.
For the last few weeks, copper seems to go from being the most talked-about subject to the most boring one. The best news is that it is exactly how we like it to be. Copper prices have barely moved over the last few weeks, with very minor up or downswings, which has shown stability in the market for the first time in months.
Over the last week, we have watched copper, which has been relatively calm (other than some strikes in different mines that caused large jumps in the market.
Have you ever searched online for current scrap prices only to be disappointed with the lack of information or outdated prices listed on a website? Now you can be a part of the change. The iScrap App allows our users online to report current scrap prices in the US & Canada. It’s really easy to post […]
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 we have some of the basic ways and expectations to have when you visit your local scrap yard. […]
JUMP TO NON-FERROUS JUMP TO FERROUS Hope you get lucky today… Scrappy St. Patrick’s Day! They say that on St. Patrick’s Day, everyone is Irish. So we continue to search for the pot of gold, otherwise known as Copper, but if you have a story about finding an actual pot of gold, we would love […]
Looking for top tips for scrapping? The iScrap App Team has put together a visual guide to help you make more money on your scrap metal. These simple tips can make a HUGE difference in the value of your metal at your scrap yard. The iScrap App Team has put together some helpful tips to […]
With aluminum prices continuing to climb, we have seen the price of aluminum really having a steady increase this year. While aluminum prices have always lagged behind in their growth patterns, with the tariffs in place we really saw them get hammered the last couple of years.