| Scrap Metal | Scrap Price | Updated Price Date |
|---|---|---|
| Copper National Average | $2.04/lb | Updated 10/26/2020 |
| Steel National Average | $97.00/ton | Updated 10/26/2020 |
| Aluminum National Average | $0.21/lb | Updated 10/26/2020 |
Romex® wire a brand of housewire or non-metallic wire is electrical wiring commonly found in homes. Generally you can make more money by stripping the wires to get to the copper. Housewire has two jackets covering the copper inside. Scrapping Romex® wire and other non-metallic cable is good not only for your pocket but also for the environment so asking the local scrap yards for the Romex® Wire Scrap Prices they are paying can help too.
Some people may want to strip their wire for the scrap copper on the inside, but it is a tedious task that may not pay off in the end. Because there are two jackets of insulation surrounding a single or couple strands of copper wire, you are wasting your time. You will be taking longer to strip the copper than you will be making money on it. You also have to remember that by stripping the insulation off, you are taking away a lot of weight from the load you have.
There are many different color variations of Romex® wiring from yellow to orange, among many others. A lot of people ask why there are different colors and that has to do with the gauges of the Romex® wiring. Some have larger pieces of copper inside and that is why they are different then others. Some have the same coloring along with gauge and when that happens it is because some electricians want to be able to have a better idea when they are running wires which is which.
Be sure to ask more than one yard for their Romex® wire or housewire pricing to get the best price. The iScrap App can help you find a scrap metal yard near you that accepts your scrap wire and prices in the area reported by scrap yard or users. If you have a large quantity of housewire from a construction job or remodel, the iScrap App can help you schedule a pick up with you local scrap metal yard. All you need to do is fill out a container request and your local yard will contact you with information on pick ups and pricing for Romex® and other wires. Don’t let your scrap wire go to waste. See more Scrapping Videos here.
