SCRAP NEWS | Scrap Metal Tips

4th of July & American Metal Facts

Facts about the scrap metal market in America

That time of year is here when the sun is shining, water is splashing, beers are flowing, and burgers are cooking. With the 4th of July Holiday here in America, we want to take some time aside to go through the history of our fine country and how metal and other commodities have changed in […]

Copper Prices Went Up $0.11/lb – 5/20/20

Jump To Non-Ferrous Prices   Jump To Ferrous Prices Scrappers!!!  We hope that everyone is doing well and slowly enjoying multiple states re-opening in different phases across the country. We are especially excited that we saw such a nice increase in copper prices on Monday rising $0.11 per pound. On top of that, we’ve seen […]

This Earth Day: Importance of Metal Recycling

Be kind to your planet and recycle daily

With Earth Day celebrated on April 22nd, it is a perfect time of year to discuss the importance of metal recycling to the environment. With many people heading out of their winter confinements and cleaning out garages and planting gardens, metal recycling should also be a big part of your Earth Day clean up. A […]

Should You Hoard Scrap During Low Prices?

Crazy times call for crazy amounts of hoarding sometimes. We’ve seen over the years when scrap prices dip down that many people hold onto their property and their brass and their other high valued items to be able to wait for higher valued times.

Now’s A Perfect Time to Relearn Scrap

They say the old dogs have a hard time learning new tricks and we believe that the same thing goes for the scrap industry. We talk to hundreds, if not thousands of people over the years about the different ways that they make money with their metal and one thing has generally remained constant- they rarely change what they do.

What Is The Importance of Platinum in Scrap?

What is Platinum? Platinum is a precious metal and is used in all types of applications from jewelry to electronics and even catalytic converters. Platinum is one of the most valuable precious metals in the world and because of its use in multiple spaces has always been a very coveted item to recycle. Where to […]

Tips For More Long-Term Scrap Customers

One of the more common questions we get from scrappers is; “Where can I get more scrap?” There are a lot of right answers but we want to address a couple of different ones that people may not have thought of in the past and might give you a better long-term and more sustainable way to make more money.

Is Stripping Scrap Romex® Wire Worth It? 

Is it worth it to strip Romex® Wire? This is one of the most common questions we receive from scrappers looking to increase their profit from stripping their wire. A General Rule… When you are looking to decide what scrap wires are good for stripping, one thing we commonly say is that if the wire […]

Forget Viruses, Oil Affected Prices This Week – 3/11/20

Jump To Non-Ferrous Prices   Jump To Ferrous Prices Our Head Hurts… If last week we were on a roller coaster than this week we’re not even sure what we’re on, other than some type of crazy rocket ship. After seeing the stock market trading get temporarily paused on Monday after a 2000-point drop overall; […]

How The Coronavirus is Affecting Scrap – 3/4/20

Jump To Non-Ferrous Prices   Jump To Ferrous Prices Adventurers! This has certainly been a wild ride for the last 2 to 3 weeks and it has not stopped going into this week. We hope everyone has been tuning into our weekly reports and trying to keep their mind straight with a copper market and […]

Tom’s Top Picks: Best Tools for Scrapping

If you are looking to start scrapping metal for some extra money or even a full-time job, we have some important tools and accessories you should look into getting for yourself before you begin. Tom, the founder of iScrap App is a scrap yard owner and has been in the business for years. We sat […]

Looking Inside a Catalytic Converter

Catalytic Converters have been a hot topic in scrap lately. With several types of precious metals inside like platinum, palladium, and rhodium, they have been a high-valued commodity. How Much Are Scrap Catalytic Converters Worth? The prices of catalytic converters vary from $0 to even over $800 at times! That wide range of value is […]