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.
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.
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.
Two very common metals that are seen in the scrap industry are copper and brass. Both are a higher value metal and used in a lot of plumbing work and electrical components. While they are similar in places they are used, they are different in what they are made of and the scrap value for […]
Let’s Go Over the Most Common Scrap Metals. The most common scrap metals that we have found are: aluminum, brass, steel, and copper. We can call those common scrap metals the “core four.” Scrap metals are easy to sort if you just start off by learning the most common scrap metals and where you can […]
When you are looking to make some extra cash by recycling scrap metal with your local yard, it can be as simple as finding items around your house. We have a guide of some common items that can be found throughout your house that can be brought to your local scrap yard. Most scrap yards […]
One question we often see come up in conversations is asking the difference between bronze and brass and how to identify the difference. Both brass and bronze can be often found with piping and plumbing fixtures. Those looking to separate them from the more valuable copper pipes (reddish) in color, toss the “yellow” metals together and […]
One of the more common items when scrapping, aluminum copper fin or radiators are popular for taking apart before bringing it to your scrap yard. There are different kinds of radiators from a variety of sources and it’s important to know how to separate them and clean them to get the best price at the scale. […]
We love scrap metal. Who doesn’t is the real question but we always hear questions about different types of scrap metals and what is the best one to scrap? Well, in our mind any scrap metal is the best one to scrap, but then it gets to the question of availability of the metals, where to […]
With the “big man in red” only a short 2.5 weeks away from showing up, we have certainly been given a nice gift before the holidays with these markets. Over the last week while we have not seen massive market movement; we have seen overall stabilization.
Scrapping. It’s a great way to make some extra money on the side or if you are full-time, it’s your way of living. Regardless of how often you are at the scrap yard, it’s important to know the weights and what they mean on your receipts. The iScrap App Team hears stories about how scrap yards […]