| Scrap Metal | Scrap Price | Updated Price Date |
|---|---|---|
| Copper National Average | $3.43/lb | Updated 10/14/2024 |
| Steel National Average | $198.05/ton | Updated 10/14/2024 |
| Aluminum National Average | $0.48/lb | Updated 10/14/2024 |
| Catalytic Converter Average | $75.93/each | Updated 10/14/2024 |
Q4 2024 Scrap Market Outlook: Stability, Opportunities, and Strategic Positioning Report Date: 10/9/2024 Hello Scrappers! Throughout the third quarter of 2024, the scrap metal market saw fluctuations largely influenced by global economic uncertainties, energy prices, and fluctuating demand in manufacturing sectors. Supply chain improvements helped ease material movement, but metal prices have been sensitive to […]
Read MoreFiguring out when to sell scrap is tough. Do you do it when the prices jump fast? Do you wait and then shop around? Knowing what the market is doing is half the battle. Talking to your local scrap yards can help you determine when the prices are high, when to hold onto scrap material, and […]
Read MoreFor years we have had customers and iScrappers asking if we recommend saving materials…it’s an easy answer. No, we don’t. Saving things is another form of gambling, and gambling on things that are controlled by the world’s economic environment is a TOUGH thing to be able to do. Saving materials is always a tricky thing […]
Read MoreSo, do you think your local scrap yard has an “in” on where the market is headed? Well, that is the wrong answer because many scrap yards do not know what is going on the same day, let alone in the future. Scrap prices follow the commodities markets, and as we have talked about before, it […]
Read MoreFinding good scrap items to make money at the scale is one of the most exciting scrapping parts. Besides making money, discovering what one’s trash can be worth is a motivating part of recycling scrap metal for a career or hobby. If you want to make some real money from items you find in scrap, […]
Read MoreAccording to an IBIS World report, the US market for scrap metal recycling is worth $27.8 billion in 2021. This is after being adjusted for a 5.5% growth for the year. Based on projections, such change is poised to continue in the coming years. Regardless of whether you are a seasoned scrapper, there’s a lot […]
Read MoreContinued from Part 1… Thanks for joining us on our journey through the Eyes of the Scrapper Series. Below is Part 2, which explores the best ways to maximize your profits and ensure you aren’t missing any important weights, prices, or money from your trip to the scrap yard. Changing some of the ways you […]
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In the scrap metal world, we all know the most prized metal is copper. Its excellent versatility and conductivity make it an essential piece of our everyday life, and as a result, it is a staple in nearly every industry. However, not all copper scrap is created equal, and understanding the differences can help you […]
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Believe it or not, you can recycle spark plugs for profit when you find a scrap yard that takes them for recycling. Spark plugs aren’t accepted for sale for money at every scrap yard, so it’s essential to find the right location. Why are spark plugs worth money in scrap? Inside spark plugs is a […]
Read MoreIn the world of scrap metal recycling, where the industry is ever-changing with the current market rate for goods, it can be challenging for yards or yard owners to determine the optimal frequency for adjusting their prices. Here’s an in-depth look at how often scrap yards should adjust their prices and what influences these decisions. […]
Read MoreIf 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 […]
Read MoreCommon 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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