Scrap Metal Market Turmoil: Copper Hits Records, Steel Declines - What to Expect Next

📈 Check Scrap Prices: iScrapApp.com/ - Join us for this week's detailed analysis of the scrap metal market, where we witnessed one of the most turbulent weeks in history. Copper prices soared to record highs, only to drop and rebound, creating a challenging environment for scrappers. We'll explore the dramatic fluctuations in copper and aluminum prices, the ongoing decline in steel, and the slight uptick in stainless steel. Additionally, we cover the modest increases in catalytic converter prices and the steady trends in carbide and rare earth metals. As Memorial Day approaches, we also honor our veterans and their contributions. Stay tuned for expert insights and strategies to navigate this volatile market.
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[@lessweet3093]

Interesting story for you. Scrapping white goods; sold them for $45 after removing wire & motor. Then in the next dryer found a bunch of change & a $50 bill under the aluminum windings motor

[@iScrapApp]

Huge score!

[@MrBnbsfsd]

Where do you get your info.. like podcast n websites. Ty tom

[@jgils5559]

Silver is up 20 percent in the last month.

[@dalemeyer8207]

Thanks 😎

[@patrickwilliams4613]

Tom any chance of a iscrap sticker good video

[@iScrapApp]

I'm sure we'll do a giveaway soon! 😁

[@garywhelton9304]

Sold #1 copper last friday for $4.75 and sold again today for $4.10 . And that is Canadian money here in New Brunswick . Seams to me we are getting ripped off when you exchange to U.S moneys .

[@iScrapApp]

thats rough, because in Ontario apparently copper prices are at an all time high.

[@brentbroere8709]

Hey bro not the exchange sounds like your scrap yard being shady I'm in Edmonton Alberta sold b&s last week for 5.75 and #1 for 5.55 #2 5.45 ans brass for $3

[@marcrochefort4483]

Still above $5.50 on top copper grades here in Ontario

[@bluejay3369]

$6.04 a pound here in Port Hope, ONT! It was $6.38 yesterday

[@iScrapApp]

Great prices guys! Please report them so we get a better idea for our Canadian scrap market prices too 😁

[@everythingnotnaileddown7096]

I got like 3.90 for bare bright Friday. Had a we whole mix of different grades made 1200$ on 400 lbs copper scrap

[@steelisthemeal]

Steel is always the meal $$$$

[@Tractor_101]

Eat at Taco Bell

[@joew5862]

What is the best way to sell used electrical house breakers?

[@haroldsmith33]

Google search "breaker broker" they buy and sell many types of breakers.

[@iScrapApp]

best to sell as is, as they have low copper content. Gather up a bunch and bring them to the yard in bulk

[@marcrochefort4483]

I had a record pickup today of wires to strip. 🎉😂

[@iScrapApp]

Sounds like a good score!