| Scrap Metal | Scrap Price | Updated Price Date |
|---|---|---|
| Copper National Average | $3.00/lb | Updated 09/21/2023 |
| Steel National Average | $184.81/ton | Updated 09/21/2023 |
| Aluminum National Average | $0.44/lb | Updated 09/21/2023 |
| Catalytic Converter Average | $82.00/each | Updated 09/21/2023 |
How Oil Prices Are Upsetting the Metal Markets: Weekly Update ALSO: Is Stainless Steel bottoming out? Report Date: 9/20/23 Tricky Market Dynamics Good Day, Scrappers! The world of metals continues to pose a complex puzzle. With oil prices recently hitting 10-month highs, ripple effects are evident in the steel industry, where prices have begun to […]
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We had many of our users and listeners on YouTube ask this question and have felt at odds with the current state of scrap prices. As many of our listeners typically find their scrap through more traditional avenues on a person-to-person basis, we see the volume that commercial applications can bring. We’ve witnessed firsthand how […]
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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 […]
Read MoreCONTACT 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 […]
Read MoreWhy 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 […]
Read MoreScrap 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. […]
Read MoreWhile 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 […]
Read MoreScrap 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 […]
Read MoreFinding good scrap items that can make you money at the scale is one of the most exciting parts of scrapping. Besides making the money, discovering what one’s trash can be worth is a very motivating part of recycling scrap metal for a career or just a hobby. If you are looking to make some […]
Read MoreSo you think that your local scrap yard has an “in” on where the market is headed…hmmm? Well, that is the wrong answer because many scrap yards do not know what is going on the same day…let alone going into the future. Scrap prices follow the commodities markets, and as we have talked about before, […]
Read MoreHave 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 […]
Read MoreWhat 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 […]
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