SCRAP NEWS | Month: April 2021

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.

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Scrap Metal: What Is It and Where To Find It

So you’re looking to make a few extra dollars, and you heard about scrap metal. What is it? Where can you find scrap metal, and how can you sell it? With so many questions, let the iScrap App tell you where to look first so you can avoid wasting time and money while learning how […]

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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.

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How To Take Apart A Scrap Industrial Transformer

When you are looking to make the most money on your scrap transformer, we almost always suggest taking apart at least the copper transformers, and you should consider taking apart the aluminum ones if you have the right time/experience/tools.

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What Is Scrap Aluminum Extrusion?

Normally aluminum that is being reused and recycled (do not mistake this for raw bauxite ore from mining operations), goes through many steps before it gets put back into circulation. One of the first steps would be collection and sortation.

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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.

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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.

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Metal of the Month: Copper

Every month the iScrap App is going to be featuring a Metal of the Month. We are going to be exploring the various metals or materials based on their history, how to find them, how to recycle them, and how to make the most money on them. To start off the new series, what better metal to start with than COPPER. This month we explore some of the ways you can find copper and also sort it when scrapping.

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