SCRAP NEWS | Scrap Metal News

Don’t Delay, Hold Your Copper – 6/29/22

Join 30k Scrappers reading the 10-Min Weekly Newsletters 👇👇👇 SUBSCRIBE HERE Half of 2022 is Done Last week we continued to see energy prices decreasing as we have seen gas go down 15 days in a row. Later in this report, we will have our energy economist explain more about the markets and what’s going […]

9 Signs of a Sketchy Scrap Yard

If you’re a metal scrapper, then you know that finding a good scrap yard is key to making money. But not all scrap yards are created equal. Some scrap yards are downright sketchy, and it’s essential to be able to spot them before you waste your time (and energy) interacting with them. For decades, some […]

Uh Oh…Copper’s Falling Fast – 6/22/22

Don’t Miss Reports 👇👇 SUBSCRIBE HERE What is REALLY going on? Here we are looking at the markets trying to figure out our left hand from our right hand. We’ve seen copper prices decline by over $0.60 in the last three weeks and there haven’t been any strong signs of market growth or stimulation from […]

Aluminum Prices Drop 40% Since May – 6/15/22

Don’t Want To Miss Reports? SUBSCRIBE HERE Where to begin? In the last week, we have seen massive market news and none of it seems to be good. Whether you were trying to hit it rich with cryptocurrency for the traditional copper sales, everything seems to be down right now. On top of that, we […]

Spiral of Steel Continues, New Guest This Week – 6/8/22

Don’t Want To Miss Reports? SUBSCRIBE HERE Yikes! It looks like it’s going to become a long summer fueled by high gas prices and upset scrappers. After listening to many economists over the last few weeks we have learned about the oversupply of steel across many areas of the country. These over supplies inside of […]

Full-Time Scrapping: Is It An Option For You?

With the job market in a frenzy after the COVID-19 pandemic, many people are left searching for ways to make ends meet. People were laid off, while others decided to walk away from unsatisfactory work situations.  Metal scrapping can be a great way to make extra cash. But can you make a living off of […]

Boosted Converter Prices, China Reopening – 6/1/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Wow!!! Five months down into 2022, and overall, it’s been a pretty good market if you want to average things out. Yes, the first three months of the year were great, but we have seen a recent pullback, but overall we are in good shape. In the […]

Will China Reopening Help Prices? – 5/25/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS 🎉 Happy Birthday to Tom, the Founder of iScrap App! 🎉 – Leaving him a comment on YouTube! Wow!!!! It looks like the prices may be rising again. After seeing the Chinese essentially shut down hundreds of millions of people from working and have their economic output […]

[5/18/22] Weekly HOLD or SELL

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Yowza!!! In the wild world of scrap, we have seen all types of news in the most recent weeks. We have seen the continued market sell-off for steel and iron, and extreme gas prices and we even started to see copper prices coming back. Now, your question […]

Inflation Improving or Hurting Scrap? – 5/11/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Copper Dropping- Oil Increasing With another week of the Chinese having heavy Covid lockdowns, it continued to see metal prices declining. While that is certainly not the only issue, it is one of the hot pot and topics that recently come to counter costs. We see the […]

You Should HOLD Your Copper This Week – 5/4/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Not As Much Bad News… This week’s good news is that we don’t have any news worse than last week. We have not seen much of a market shift over the previous few days, but many things are going on that will disturb the markets that we […]

Don’t Say We Didn’t Warn You – 4/27/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Where to Begin?!?! No one likes to be right about things that aren’t exciting to talk about, but that is what’s happening right now with the markets. We see a market correction across the spectrum for steel and copper as so many prices are being dropped. Many […]