With copper prices rising and worldwide demand increasing, we won’t be surprised to see a quick decrease or a fast increase coming soon.
SCRAP NEWS | Weekly Scrap Price Update
Copper Reaches New Heights, 10-Year Highs – 4/28/21
Increased prices have been fueled by increased demand in the world’s economic recovery. We have seen scrap yards increasing their prices over the last couple of weeks by about $0.30/ lb. on copper #1 and #2 on average. On top of this, we have seen a continued push for higher prices across all aluminum markets, and these price increases could continue throughout the rest of the year.
Copper Gains $0.20 In A Week – 4/21/21
With copper leading the way over the last week, with gains of $0.20 per pound, we have seen all reported prices jumping. More importantly, we continue to see the aluminum market gaining steam and momentum moving forward.
Boring Copper Prices Are Actually Good – 4/14/21
For the last few weeks, copper seems to go from being the most talked-about subject to the most boring one. The best news is that it is exactly how we like it to be. Copper prices have barely moved over the last few weeks, with very minor up or downswings, which has shown stability in the market for the first time in months.
Copper Prices Had A Holiday – 4/7/21
Over the last week, we have watched copper, which has been relatively calm (other than some strikes in different mines that caused large jumps in the market.
Where Have Copper & Steel Prices Come From? – 3/31/21
Copper from 1980 through 2005…Copper has become one of (if not) the hottest commodity going into 2021, with the markets drastically going up during the last 6 months of 2020 and into 2021. For many years during the 1980s, 1990s, and early 2000s, copper was one of the most underappreciated metals.
Is Copper Cooling Down, While Aluminum Is Up? – 3/24/21
JUMP TO NON-FERROUS JUMP TO FERROUS We’ve been cookin’ something up… 🤫 Well, we have a bit of a secret, but we won’t share it quite yet. Here’s a hint: if you like scrap, like to hear never-before-told stories, and learn how to make more money, then you should pay attention these next few […]
Stable Scrap Prices, Steel Demand Coming? – 3/17/21
JUMP TO NON-FERROUS JUMP TO FERROUS Hope you get lucky today… Scrappy St. Patrick’s Day! They say that on St. Patrick’s Day, everyone is Irish. So we continue to search for the pot of gold, otherwise known as Copper, but if you have a story about finding an actual pot of gold, we would love […]
Aluminum Is Going Up Again, Copper Steady – 3/10/21
With more money being thrown around than ever before in the world right now, it’s crazy to see what’s going on with pricing and commodities and vaccinations and everything else. With so much going on we have had our head on a constant swivel listening for more information and pushing for more market news to be able to share with you.
Copper Still Rising, So Is Aluminum – 3/3/21
With aluminum prices continuing to climb, we have seen the price of aluminum really having a steady increase this year. While aluminum prices have always lagged behind in their growth patterns, with the tariffs in place we really saw them get hammered the last couple of years.
Scrap Copper Approaching All-Time Highs – 2/24/21
Copper continues to soar. Let’s just keep with that topic as we have seen the copper prices increasing and even approaching the all-time record high.
Copper Hitting Record Highs…Again – 2/10/21
While the stimulus has been heavily discussed, one of the major reasons that the price of copper has gone up has been the optimistic point of view, not only for electric vehicles coming on board but also for the world recovery from what was 2020.