SCRAP NEWS | Scrap Metal Prices

How Will The Infrastructure Bill Affect Scrap – 8/11/21

The scrap market is nothing like anything we have seen, as it takes regular hard-working people to be able to grind it out, and with the markets in great shape, we hope you are out there hustling like always.

No Reason To Complain About Scrap Prices – 8/4/21

SUBSCRIBE ON YOUTUBE JUMP TO NON-FERROUS JUMP TO FERROUS Quit Complaining 🥴 So you want to complain because the market is slightly down? Come onnnnnn. Let’s talk about what a ride 2021 has been in the commodities world, and you may even change your short-term thinking. With the new 2.0 version of the app coming […]

Well, Copper Prices Just Got Complicated – 7/21/21

JUMP TO NON-FERROUS JUMP TO FERROUS Up & Down Markets 📊 Eenie, meenie, miney, mo… catch a scrapper by putting copper out and letting him know that the prices are still up. Playing games seems to be the new normal coming out of Wall Street and all the commodity traders worldwide. With the new Delta […]

Strange Markets Persist – 7/14/21

  JUMP TO NON-FERROUS JUMP TO FERROUS Markets Are Weird… 😵‍💫 With the market seeming to screw around with investors back-and-forth right now, it seems to be no different than for scrappers. We have heard that the markets should remain strong as commodities continue to be part of a worldwide supply chain, but the market […]

Calm Markets: Smooth Sailing From Here? – 7/7/21

JUMP TO NON-FERROUS JUMP TO FERROUS On Repeat? 🔁 Quick poll: Do we always talk about the same thing? Answer to come later on. With the holiday weekend, we saw markets strong going into the 4th of July and a little tumultuous at the beginning of this shortened trading week. We saw copper numbers have […]

How Much Longer Will Oil & Covid Affect Scrap? – 6/30/21

pile of steel

  JUMP TO NON-FERROUS JUMP TO FERROUS   Did you see that copper price? We certainly did. It wasn’t going crazy over the last few days, at least making us a little calmer. Over the last week, we haven’t seen much market movement across any metal fronts except a little bit of a decline in […]

Aluminum Proving To Be Resilient – 6/23/21

JUMP TO NON-FERROUS JUMP TO FERROUS We’re All In This Together 🤝 So…. What’s Going On? It’s been super hard to figure out what’s going on with these markets lately. We had a tremendous upside for a few months with copper, non-ferrous, and iron prices, only to be followed by a nice steady period and […]

The Difference Between Gross Ton & Net Ton

What is the difference between a gross ton and a net ton? It’s a common question not just in scrap, but in the world. With so many various types of measurements based on the location in the world, the industry, and type of material it’s hard to keep track.

Copper Prices Drop & China’s Involvement – 6/16/21

That Hurt 🤕 So far $0.20 has been shaved off of copper in one day certainly is not how we want to start going over a market report. But the markets happen, and we want to talk about them, so let’s get to it.

10 Scrap Metal Questions with iScrap App Founder

Hey Scrappers,  Tom here. We’re going to be answering all of the questions that we’ve been asked over the last couple of weeks, just going over many different things. Hopefully, We will help you learn more about making more money and might even give you some ideas on questions that you didn’t know you had […]

When Scrap Prices Drop, Hoarding Goes Up

Scrap Metal Price Changes

Like any industry, scrap metal recycling fluctuates based on market conditions and supply and demand. Recently the prices in the scrap industry have seen a bit of a downfall compared to last year at this time. In 2015, we are seeing 10-year lows for steel and iron prices. During these times, many scrappers (and scrap yards) […]

Gas Prices Are Up, But So Is Steel – 6/9/21

Let’s try to ignore the fact that gas prices have gone up over $1/gallon over the last year, and let’s pay closer attention to the steel prices almost doubling over that time. It’s funny because if you are a scrapper, while you don’t want to have expensive gas, you know that when some of the fuel prices are up for scrap, prices are generally up at the same time.