Current Scrap Metal Prices
Scrap Metal Scrap Price Updated Price Date
Copper National Average $3.42/lb Updated 10/15/2024
Steel National Average $198.05/ton Updated 10/15/2024
Aluminum National Average $0.47/lb Updated 10/15/2024
Catalytic Converter Average $75.93/each Updated 10/15/2024

SCRAP NEWS | Scrap Metal Tips

What Is The Importance of Platinum in Scrap?

What is Platinum? Platinum is a precious metal used in many applications, from jewelry to electronics and catalytic converters. It is one of the most valuable precious metals in the world and, because of its use in multiple spaces, has always been a coveted item to recycle. Where to Find Scrap Platinum? You generally will not […]

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Can You Scrap Platinum?

Platinum is a metal most people think of as being used in jewelry, but most cars have platinum underneath them in the catalytic converters! Platinum can help filter some of the CO2 before it hits the exhaust and goes into the air. Due to its high melting temperatures, platinum is used in many specialty applications besides jewelry. […]

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Scrapping A Stainless Steel Sink

Taking out a stainless steel sink can be an intelligent move at your scrap yard. To make an extra buck on the stainless steel sink, remove the steel ring on the outside and drain from the bottom to make more money. Take a hammer and chisel and hit away! Be sure to save the brass drain […]

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What is the Difference Between Copper Cable and Copper Wire?

How thick should copper cable generally be? Many people refer to insulated copper wire and cable as the same thing. But we want to clarify what most scrap yards consider copper cable. Insulated Copper Cable is generally much thicker and has a much higher copper content and recovery base. What Is Insulated Copper Wire? These […]

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Best Places To Find & See Current Scrap Prices

Figuring 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 […]

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What Is An XRF Analyzer?

How do scrap yards know what types of metals they are buying? That is a common question that many scrappers have asked us in the past, and it is valid. Knowing what metals you are selling is, well, kind of a big deal. We know that your scrap yard will know what copper, brass, and […]

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There’s A Magnetic Stainless Steel?

Hey, iScrappers! Last week, we discussed cast aluminum and touched on two other metals; today, we will review another odd metal: magnetic stainless steel. Now, many of you are going to ask, hey, what’s magnetic stainless steel? Don’t you mean steel? There is magnetic stainless steel, and one of the common grades is 410 Stainless Steel. […]

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How To Scrap Ballasts & Mistakes To Avoid

Ballasts are all over the place…you might not “see” them…but they help you see wherever you are. Inside all types of lights, there are different types of ballasts. From copper to electronic ballasts, they are everywhere and must be looked for when scrapping. There are a few different types of ballasts, and the best way […]

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When to Scrap Patio Furniture

Patio furniture is one of the best items to score on while scrapping. Suppose you are moving or have recently bought new furniture for your backyard hangout. In that case, you may be looking to get rid of your old furniture and make some extra money. Usually, you will have steel or aluminum furniture, but […]

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What are Monel and Inconel?

Many people ask about some of the different alloys we have listed through our metals pages, like Monel and Inconel, and where they can find them. High nickel alloys like Monel and Inconel, as well as stainless steel, are made to be noncorrosive, non-rusting alloys that can perform well in high-temperature environments and very clean […]

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4 Things To Avoid At Your Scrap Yard

When traveling to the scrap yard, the last thing you want to worry about is a flat tire, broken exhaust, or other costly damage to your vehicle. If you’re like other scrappers, you rely heavily on the quality of your truck or car to bring you back and forth to work or the scrap yard. The […]

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One Thing Scrap Yards Won’t Tell You About Scrap Prices

So, 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 […]

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