| Scrap Metal | Scrap Price | Updated Price Date |
|---|---|---|
| Copper National Average | $1.94/lb | Updated 07/12/2020 |
| Steel National Average | $98.00/ton | Updated 07/12/2020 |
| Aluminum National Average | $0.17/lb | Updated 07/12/2020 |
Copper prices are UP. Mic drop. We wish that we had the ability to say that every single week but let’s enjoy it as it comes. With the copper markets continuing to stay strong and increase to 2020 highs and nearing highs that we haven’t seen in the last year…it’s been a very positive sign for the recovery stages.
Right now one of the biggest causes of concern that we have is with the copper market and the Chinese buyers. While looking at these markets, we have been able to see that they are very difficult to conceptualize and figure out where they will be going and how the Chinese will be changing their buying practices moving forward.
We hope that everyone is doing well and staying busy during all of these times. It looks like all of the states have reopened and the scrap prices have increased, so we are on a good page. Watching some of these copper prices increase to highs that have not been seen since February, has been extremely positive.
DOWNLOAD TODAY New iScrap App – With Notifications Jump To Non-Ferrous Prices Jump To Ferrous Prices Good Day! We hope that everyone is doing well and staying as busy as possible going into the summer months. We are happy to see the copper prices increasing to pre-pandemic levels and even higher than they were. […]
On top of that with all of the problems that we saw over the last few months, we have begun to hear more reports of aluminum smelting facilities returning to the United States over the next few years.
Common Questions About Scrap Prices – Since opening iScrap back in 2010, we have been asked all types of questions including, Why doesn’t my local scrap yard have the same prices I see online? We have some of the answers and how scrap prices are determined by scrap yards.
Copper is one of the most sought-after metals in the scrap industry. It comes in various shapes and sizes from pipe, wire, plate, electronics, and more. With our technology ever-growing, we have more electronics around us daily, which means more copper wire for scrap available. Having copper wire for recycling can be very valuable to […]
This New Year is a perfect time to get back on track with your scrapping. Whether you are a part-time or full-time scrapper, it can always pay off to get your priorities back in order to make more money. When you are scrapping, the ultimate goal is to make more money. Collect More Scrap. Separate […]
Jump To Non-Ferrous Prices Jump To Ferrous Prices Scrappy Holidays! We’d like to wish everyone a very happy and safe holiday season as the holidays have kicked off and we hope that everyone has enjoyed the beginning of it. It seems like day-to-day we have a see-saw effect with the markets, news, and pricing […]
Jump To Non-Ferrous Prices Jump To Ferrous Prices Welcome!!! We hope that many of you Enjoyed a nice Easter or Passover and had some quality time with your families. We have been aggressively tracking the market as best as possible and it seems that the economy is really doing well which is helping a […]
Electric Motors can be found in a variety of items like vacuums, computers, ceiling fans, air conditioners, and more. Almost anything that requires electricity and has moving parts will have an electric motor inside. They are often collected for scrap metal recycling because they are heavy and contain a large amount of copper wire. Get […]
Good Day Scrappers!!! Despite the stock market in turmoil over the last week, we have been very happy with the metal prices and hope to see the strength of commodities continue for the first quarter of this year. Many people have asked us what’s going on with the stock market, but it’s very complicated question […]
