Current Scrap Metal Prices
Scrap Metal Scrap Price Updated Price Date
Copper National Average $3.43/lb Updated 11/07/2024
Steel National Average $189.03/ton Updated 11/07/2024
Aluminum National Average $0.50/lb Updated 11/07/2024
Catalytic Converter Average $75.93/each Updated 11/07/2024

SCRAP NEWS | Steel

This Week’s Scrap Metal Prices & Market News

How a Republican Win Could Shake Up Copper & Steel Prices in 2024 Report Date: 11/6/2024 Hello Scrappers! With a Republican victory in the White House, shifts in economic policies may impact the scrap metal market in the coming months. While the full effects won’t be immediate, the anticipated policy changes could begin to influence […]

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Difference Between Carbide & High-Speed Steel

Simply looking at the two makes it hard to distinguish between scrap carbide and high-speed steel [HSS]. Still, the differences between the two alloys (and if you don’t know what an alloy is, take a listen here) are significant and could mean more money in your pocket, depending on which one you have. You must […]

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How Do You Scrap An Electric Motor?

Electric Motors can be found in vacuums, computers, ceiling fans, air conditioners, and more. Almost anything requiring electricity and moving parts will have an electric motor inside. Because they are heavy and contain a large amount of copper wire, electric motors are often collected for scrap metal recycling. How to Scrap Electric Motors: Related Articles:

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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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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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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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6 Money-Making Tips for Organizing Your Scrap

We always mentioned how important it is to separate your scrap metals before heading to the yard. We can’t stress that enough for many reasons. It makes the operation of unloading and weighing up easier and usually makes you more money by separating your metals. Therefore, you make more money! Win-win for everyone! Know What […]

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Scrap Metal Recycling Facts & Figures

While it can be simple to just throw your aluminum can into the recycling bin, do you really know the numbers and figures you are contributing to when it comes to scrap metal recycling? We wanted to give you an idea of how important and huge the metal recycling industry is to our environment and […]

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Can You Scrap Nails & Screws?

Many people have asked us about nail and screw recycling, and we think this is a great place to discuss it. Many times, whether it is garage cleanouts or just extra inventory from job sites, it may seem tricky to get rid of these nails…and it can be. Most nails/screws are generally made of galvanized […]

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The Effects Electric Vehicles Will Have on Copper Scrap

SUBSCRIBE ON YOUTUBE While it’s hard to tell what the future will bring, some scenarios are easier to predict than others. The electric vehicle revolution is full force, and auto manufacturers are scrambling to plan how they’ll fit in. One thing is for sure in all this: the EV market will substantially impact the copper […]

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Options For Scrapping Your Car

We see so many people scrapping cars and posting pictures through one of the many Facebook groups out there—it’s nuts! Cars are one of the easiest and definitely one of the most common items to scrap, and that should not be surprising, considering they are everywhere! A lot of people try to figure out where […]

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