Current Scrap Metal Prices
Scrap Metal Scrap Price Updated Price Date
Copper National Average $3.53/lb Updated 05/25/2024
Steel National Average $204.47/ton Updated 05/25/2024
Aluminum National Average $0.47/lb Updated 05/25/2024
Catalytic Converter Average $75.93/each Updated 05/25/2024

SCRAP NEWS | Scrap Metal Prices

This Week’s Scrap Metal Prices & Market News

Weekly Scrap Metal Report: Navigating the Market Turbulence and Record Highs Report Date: 5/22/2024 Hello Scrappers! Last week was one of the most turbulent weeks in the scrap metal market history. Prices fluctuated wildly, hitting record highs, dropping, and then rebounding. This volatility has made it challenging for scrappers to navigate the market effectively. Here’s […]

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How Often Do Scrap Prices Change?

If you are new to the scrap metal industry, you may notice that many scrap yards don’t post prices online, or if they do, there is often a disclaimer stating prices can change at any time. As an experienced scrapper, you should be familiar with ever-changing scrap prices and the possibility that they can change […]

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Why Your Yard’s Prices Aren’t What You See Online

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.

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Why Do Scrap Prices Change?

If you find yourself asking any of these questions, we have some information on why it’s not easy to predict the scrap prices or have a reason why they change. Scrap Prices. It’s probably the number one topic in the scrap metal industry. Most of the questions the iScrap App Team gets through email and social […]

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Maximizing Scrap Profits: Should You Sell to Multiple Yards?

As you become a more seasoned scrapper, you may hopefully realize your volume of material is picking up. While this is almost always good, it may come with a caveat. Your local yard may pay better for one type of material over another. We all know how optimizing profits is a top priority for scrappers. […]

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How Do Scrap Yards Work?

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 are some basic ways and expectations when visiting your local scrap yard. Who Come To Scrap Yards? The […]

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When Are Scrap Prices Going Up?

Like many others in the scrap industry, you’re probably wondering, “When are scrap prices going up?”. If we knew the answer, we would have a 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 we know TODAY. Below […]

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How Much Is A Scrapped Car Worth?

Recently, we talked to a few scrappers in our Facebook Group about scrapping cars. The question was asked, “Are cars worth scrapping when the prices are so cheap?” Well…I guess there are a lot of answers to that question, so let’s go over them. Scrapping Cars When Prices Are High When cars were worth $3-500 […]

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How Scrap Catalytic Converter Prices Are Determined

Learning About Catalytic Converter Pricing Over the years, we have heard many stories about different catalytic converter pricing and how people always feel like they are getting cheated while selling their cats. Well…we listen to you and have even been in that boat before; not knowing what is worth is one of the hardest things […]

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What Is “GT” (Gross Ton) In Scrap Metal

Understanding the various weight measurements in scrap metal is crucial for scrappers, yards, and buyers to ensure fair transactions and accurate valuations. Among the commonly used terms, “Gross Ton” (GT) and “Net Ton” play pivotal roles in determining the worth of scrap materials. But what is a “Gross Ton,” and how does it apply to […]

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Should You Separate Chrome & Yellow Brass?

Scrappers on our Facebook Group recently discussed how they should separate their Brass Scrap and how their scrap yard accepts various kinds of brass. This led to various responses because many scrap yards differ in how they buy materials and grade brass. One complaint repeated during the discussion was that scrappers wished scrap yards were […]

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The Price of Aluminum Cans Per Pound: How to Maximize Your Recycling Returns

Aluminum cans have long been a symbol of recycling – a simple yet effective way to reduce waste and contribute to a more sustainable future. But did you know recycling aluminum cans can also be profitable? Let’s focus on maximizing your returns by staying informed about the price of aluminum cans per pound. Key Factors […]

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