| Scrap Metal | Scrap Price | Updated Price Date |
|---|---|---|
| Copper National Average | $3.38/lb | Updated 12/07/2024 |
| Steel National Average | $168.50/ton | Updated 12/07/2024 |
| Aluminum National Average | $0.55/lb | Updated 12/07/2024 |
| Catalytic Converter Average | $75.93/each | Updated 12/07/2024 |
Scrap Prices Reflect Seasonal Slump: Weekly Market Report Report Date: 12/4/2024 Hello Scrappers! With just three weeks until Christmas, the markets are entering a period of reduced activity. This time of year often sees stock traders taking profits, and commodities behaving in expected seasonal patterns. Copper prices, for instance, historically decline or stabilize in December, […]
Read MoreLike 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) […]
Read MoreWe get it. We really do. Whether scrap prices are at all-time lows or they have been all over the map going up and down, it’s frustrating. It’s not like it’s just a small dip in the prices, but a plummet instead. With the iScrap App Team coming from the scrap industry and being involved […]
Read MoreCrazy 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.
Read MoreIn a perfect world, we would love to offer you free scrap metal. It’s hard to ship, but the iScrap App Team has tips to help you locate free scrap in your area using several different resources. As you may know, scrap metal isn’t just found on job sites like construction, demolition, or tear-downs. Many […]
Read MoreLike 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 […]
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.
Read MoreYou have to pay attention to the market even more with the scrap market’s latest drop-off. While frustrating to most scrappers, scrap yards, processors, and others involved in the industry, we all have one thing in common dropping prices hurt. When the markets are dropping or not performing well what are some good strategies to go […]
Read MoreIf you are searching across the web to find scrap prices, look no further. With the iScrap App you are able to report your scrap prices in minutes for your local scrap yards. Below is a demonstration on how you can report scrap prices on your phone using the iScrap App website. Once you have […]
Read MoreSo many people have asked us over the years about the value of catalytic converters and why they are so expensive. When people look at catalytic converters, they see a magnetic stainless steel shield on the outside. They always hear about different stamped numbers or pictures catalytic converters buyers look for. But why are catalytic […]
Read MoreThe iScrap App is a great resource to find the information you need to find scrap market news & prices. We have been working to get the best scrap metal information including prices, market news, metal explanations, and metal guide to help you make the most money from your scrap metal. With weekly segments and articles […]
Read MoreEveryone looks at the steel prices when scrapping as the worst part of their “scrappy” day…but the low steel prices are hurting people on the other end of the recycling cycle. The people who work at factories and smelters across the world that melt and prepare steel are really getting hurt with these low prices. […]
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