SCRAP NEWS | Weekly Scrap Price Update

Inflation Improving or Hurting Scrap? – 5/11/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Copper Dropping- Oil Increasing With another week of the Chinese having heavy Covid lockdowns, it continued to see metal prices declining. While that is certainly not the only issue, it is one of the hot pot and topics that recently come to counter costs. We see the […]

You Should HOLD Your Copper This Week – 5/4/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Not As Much Bad News… This week’s good news is that we don’t have any news worse than last week. We have not seen much of a market shift over the previous few days, but many things are going on that will disturb the markets that we […]

Don’t Say We Didn’t Warn You – 4/27/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Where to Begin?!?! No one likes to be right about things that aren’t exciting to talk about, but that is what’s happening right now with the markets. We see a market correction across the spectrum for steel and copper as so many prices are being dropped. Many […]

SELL: Is A Pullback Coming To Scrap Prices? – 4/13/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Everyone wants to talk about how good the markets are and how strong they are. While these things are very true right now, things to look for are fast approaching as we see more and more numbers going up in the wrong direction. With increased fuel consumption […]

Will High Oil Prices Cause Scrap Drop Off? – 4/6/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Welcome to April! The first three months of the year are behind us, and we’re continuing to see increased prices on the horizon. We’re watching these prices, and they have continued to go up over the last week. We’ve seen copper prices increase by $0.15 a pound, […]

War, Oil, Inflation: All Fueling High Scrap Prices – 3/30/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Markets Roaring! Talk about insanity in the markets. We see absolutely no signs of stability or anything that resembles a regular trading pattern right now. These markets have been all over the place, and it’s not only due to the war in Ukraine but also because of […]

Copper Prices Drop $0.60 – 3/16/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS War Leading the Markets Happy Wednesday!  With the markets returning to levels that we saw three weeks ago before the Ukrainian war started, we have seen prices return across the board except on the steel front. We have seen copper prices drop down almost $0.60 per pound […]

Should I HOLD or SELL in Volatile Markets? – 3/9/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Good Day Scrap World, Another week of the sad news coming out of Ukraine and Russia has led to massive commodity spiking and problems worldwide. We may see an upset in the markets with prices bouncing up and down on all metals, from copper to palladium to […]

Oil, Aluminum Prices Up with Ukraine Conflict – 3/2/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Good Day Scrappers! First and foremost we send our prayers to the conflict in Ukraine and we hope that it gets resolved as peacefully as possible.    With this conflict going on we have a lot of problems in the metals markets and we are going to be […]

Tensions In Ukraine Affecting Scrap Prices – 2/23/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Scrappers! In the last few weeks, we have seen huge and solid markets overall. We have seen the needs stabilizing with a stable copper market over the previous few weeks. Instead of just talking about copper and steel prices, we want to talk about potential problems that […]

Wow, Copper. Ok, We See You. – 2/9/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Scrappers! If we had written this one day earlier, we would not have as good news as today. We have seen all markets increasing across every spectrum, from aluminum to steel to copper; with these markets having such substantial increases, we expect the year’s balance to show […]

Copper Gets It’s Groove Back – 2/2/22

HOLD OR SELL NON-FERROUS HOLD OR SELL FERROUS Happy February!  With the month of love quickly upon us, we have certainly been loving the increase in copper prices the last few days. We know that we probably sound like we’re repeating ourselves, but with these markets in the positions and price ranges that they are […]