SCRAP NEWS | Scrap Metal Market

Get Price Updates Emailed To You SUBSCRIBE HERE After Continuous Climbs, Steel Drops ALSO: Copper Is Steady…Still. Report Date: 3/29/23 Hey Scrappers! Another week for scrap and another week of small movements- just the way we like it going into the rest of the week. Looking at the market, we started to look beyond some […]

  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 […]

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 […]

CONTACT RRCATS.COM We often hear about catalytic converter theft; these devices contain precious metals like palladium, rhodium, and platinum. The FTC reported that the average catalytic converter has a few hundred dollars worth of these metals. But what happens when your converter has reached the end of its useful life? Can you still get money […]

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 […]

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. […]

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 […]

Scrap metal recycling is the process of recovering and processing scrap metal from end-of-life items or structures, as well as manufacturing scrap, to use it as a raw material in the manufacture of new goods. It may be recycled many times without losing any of its properties. It provides the raw material for new goods while […]

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 […]

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 […]

Like many others in the scrap industry, you’re probably wondering, “When are scrap prices going up?”. If we knew the answer to that, we would have our own private island in the middle of the Caribbean. While that’s not the answer you were probably looking for we can tell you one thing, we know what […]

What is Platinum? Platinum is a precious metal and is used in all types of applications from jewelry to electronics and even catalytic converters. Platinum is one of the most valuable precious metals in the world and because of its use in multiple spaces has always been a very coveted item to recycle. Where to […]