Current Scrap Metal Prices
Scrap Metal Scrap Price Updated Price Date
Copper National Average $3.55/lb Updated 05/29/2024
Steel National Average $204.47/ton Updated 05/29/2024
Aluminum National Average $0.47/lb Updated 05/29/2024
Catalytic Converter Average $75.93/each Updated 05/29/2024

SCRAP NEWS | Stainless Steel

Understanding Galvanized Steel Scrap

Galvanized steel is crucial in various industries due to its corrosion-resistant properties. In this article, we’ll delve into what galvanized steel is, its recyclability, and whether it’s worth scrapping. What Is Galvanized Steel? Galvanized steel is regular steel coated with a layer of zinc. This protective coating shields the steel from corrosion caused by moisture […]

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Can Stainless Steel Be Magnetic?

Stainless steel is a universal material in our daily lives, used in nearly every application. This alloy has become integral to our surroundings, from kitchenware to medical equipment and appliances. The iScrap App team always stresses the importance of having a magnet when sorting scrap materials. Having one can be invaluable for sorting between ferrous […]

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How To Tell The Difference Between Aluminum And Stainless Steel

This question is usually a mystery, especially when you first start scrapping, but it can get tricky when you come across odd items. Aluminum and stainless steel, while it may seem like they are easy to tell apart, aren’t always the case. Regarding the value of aluminum and stainless steel scrap, they are usually close […]

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12 Household Items You Can Bring To Your Scrap Yard

What Household Items Do Scraps Take? If you are looking to make some extra cash, try recycling scrap items that can be found around your house. We have a guide of everyday things that can be found throughout your house and brought to your local scrap yard. Most scrap yards take these items we are […]

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How Does the Scrap Metal Recycling Industry Work?

Scrap metal recycling is the process of recovering and processing scrap metal from end-of-life items or structures, as well as manufacturing scrap, to use it as a raw material in the manufacture of new goods. It may be recycled many times without losing any of its properties. It provides the raw material for new goods while […]

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What To Do With Dirty Stainless Steel Scrap

Dirty stainless steel. You find it, you see it, you sell it. Pretty simple, right? You probably see some of the contaminants on it and think there won’t be a big markdown for small amounts of material, but you never know. Then you get to the scrap yard, sell your material, and look at that; […]

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2023 Scrap Metal Market Summary & Predictions for 2024

The scrap metal industry has seen its fair share of ups and downs in a year marked by economic shifts, global events, and evolving consumer demands. In our comprehensive overview of the 2023 Scrap Metal Market, we discuss the dynamics of five essential metals, offering insights into the driving factors that shaped the prices of […]

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4 Money-Making Items From Medical Equipment

So you have probably been to a hospital before, you have seen the tables, the chairs, the weird machines that they use, but have you ever thought of what could get scrapped in the medical world?! Most Common Metal: Stainless Steel Let’s start with something easy, stainless steel. Stainless steel is the most common metal […]

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Different Types of Stainless Steel Scrap

Stainless steel is great to sell….but it is very hard to identify the different grades of stainless. Stainless steel has many grades, but like all metals, some are worth more than others. It will be tough to tell but assume that most of the time, the stainless that you will have is either 300 or […]

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How to Scrap Dirty Stainless Steel

Dirty stainless steel. You find it, you see it, you sell it. Pretty simple, right? You probably see some of the smaller contaminants on it and think to yourself that there won’t be a large cut in price for small amounts of material, but you never know. How Do You Scrap Dirty Stainless Steel? Then […]

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Types of Stainless Steel & Where To Find Them

So we have talked to many people about their scrapping habits…and it always seems that they want to learn, learn, learn more about where to find different types of scrap metals. Well……WE DO TOO! One of the harder metals to really figure out is stainless steel. There are so many grades of stainless that it […]

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Top 25 Most Common Scrap Metals

Which Scrap Metals Made The List?  We love scrap metal. “Who doesn’t?” is the real question, but we continuously hear questions about different examples of scrap metals and the best ones to scrap. Well, in our mind, any scrap metal is the best one to scrap, but then it gets to the question of the availability […]

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