Weekly What’s Update: Predicting Drops In 2015?

scrap prices in 2015Hey iScrappers!

We hope that many of you have enjoyed the beginning of the holiday season and had a very Merry Christmas as well.

Similarly to what happened at Thanksgiving, we saw another drop in copper after Christmas this year. Copper prices have dropped about 5 more cents, and we have seen the lowest prices of all of 2014, partially in line with the oil prices dropping so deeply.

All commodity prices have dropped in the last few months with oil prices falling and we have seen gold drop as well to the lowest level in 2014 as well.

Steel prices have not been touched in the last week, but many people are predicting that the prices will drop in 2015 the first few months. We will be interested to see what happens the new few months with prices even though we have seen mostly negative news coming from multiple sources.

Hope everyone has a Happy and Safe New Year, talk to you next year!!!!!

Scrap ya later!

  • Bare Bright: $2.33-$2.50
  • Copper Pipe: $2.00-$2.40
  • Clean Brass: $1.40-$1.70
  • Insulated Copper: $0.80-$1.90
  • Aluminum Sheet: $0.36-$0.51
  • Stainless Steel: $0.37-$0.45
  • Aluminum Cans: $0.35-$0.55 (Not CRV Pricing)
  • Light Iron: $100-$165 per ton

Prices as of 12/30/14

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