| Scrap Metal | Scrap Price | Updated Price Date |
|---|---|---|
| Copper National Average | $1.94/lb | Updated 07/10/2020 |
| Steel National Average | $98.00/ton | Updated 07/10/2020 |
| Aluminum National Average | $0.17/lb | Updated 07/10/2020 |
Copper prices are UP. Mic drop. We wish that we had the ability to say that every single week but let’s enjoy it as it comes. With the copper markets continuing to stay strong and increase to 2020 highs and nearing highs that we haven’t seen in the last year…it’s been a very positive sign for the recovery stages.
Believe it or not, we are already halfway through 2020. It seems like this is a year that many people want to be able to get past for more reasons than we could list and more reasons than we can count. At the end of the day, we hope that everyone is enjoying some of these higher copper prices, as well as a relatively stable iron market.
Right now one of the biggest causes of concern that we have is with the copper market and the Chinese buyers. While looking at these markets, we have been able to see that they are very difficult to conceptualize and figure out where they will be going and how the Chinese will be changing their buying practices moving forward.
Jump To Non-Ferrous Prices Jump To Ferrous Prices Greetings Scrap World! Scrap prices are up. That’s exactly how we want to start every single weekly report but we can use it this week and we hope that you have been able to cash in on some of the increases. With the market climbing and […]
We hope that everyone is doing well and staying busy during all of these times. It looks like all of the states have reopened and the scrap prices have increased, so we are on a good page. Watching some of these copper prices increase to highs that have not been seen since February, has been extremely positive.
DOWNLOAD TODAY New iScrap App – With Notifications Jump To Non-Ferrous Prices Jump To Ferrous Prices Good Day! We hope that everyone is doing well and staying as busy as possible going into the summer months. We are happy to see the copper prices increasing to pre-pandemic levels and even higher than they were. […]
On top of that with all of the problems that we saw over the last few months, we have begun to hear more reports of aluminum smelting facilities returning to the United States over the next few years.
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 […]
As we’ve watched the copper prices reacting in a positive way, we have a couple of things that we have been watching to see what type of domino effect is going to happen. With possible trade problems between the United States and the Chinese again over the origin of the COVID-19 spread, there’s talk of the Phase 1 Trade agreement being canceled or changed or delayed.
Aluminum prices have begun to slip down again with a weekly price report showing prices down another penny or two per pound. Aluminum has continued its struggle over the last two years starting with the tariff situation with the Chinese and now continuing with weaker demand due to the virus outbreak.
We have seen the copper prices not only stabilize over the last few days but also increasing as more people are going back to work and other scrap yards are beginning to re-open. Many people that live outside of the major areas in the United States are not seeing the devastation of sickness and death and do not have a firm grasp of what is going on.
Jump To Non-Ferrous Prices Jump To Ferrous Prices Happy Earth Day! First and foremost, we would like to thank all of the healthcare workers, as well as the frontline workers at grocery stores, pharmacies and all other lines of work that are on the front lines helping so many people out right now. It […]
