Tom discusses the steady prices we are seeing recently and where the market is headed. Tune in every Wednesday at 1pm on either Facebook or YouTube for the Weekly Report.

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Ever feel like you've been taken advantage of on prices, weights, or type of materials at your scrap yard? One complaint that we hear a lot is scrappers thinking they are getting taken advantage of from their scrap yard. Unfortunately, some of the complaints are warranted so this week Tom discusses some ways you can prevent yourself from getting taken advantage of at the scrap yard.

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Whether you scrap full-time or part-time, you have probably thought about forming an LLC for your scrapping business. Constant questions include: Should I create an LLC? What is an LLC? Why should I become an LLC? In this episode Tom discusses the options you have while forming an LLC. He goes through the Pros and Cons about becoming an LLC for your scrapping services.

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Copper prices have soared since bottoming out in March of 2020 at around $2.00/lb. We now are approaching copper prices that are trading at $4.79/lb. Many of you throughout the country have seen some of your higher-grade copper prices reaching over $4.00/lb and we could not be happier for you all.

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Ever think about scrapping a motorcycle for the water? During tragic natural disasters, unfortunately, scrap is a bi-product that needs to be moved by scrap yards. Tom shares his story of when he was given the task to scrap Wave Runners after an East Coast storm.

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If you have scrapped, at some point you have hauled iron or steel at some point. May's Metal of the Month is Iron. Listen and learn about all things iron: from its history to uses in everyday life, to how to make more money with your iron scrap. It's one of the most common scrap metals seen regularly, so knowing where it comes from and how to make the most money from it can be helpful.

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With copper prices rising and worldwide demand increasing, we won’t be surprised to see a quick decrease or a fast increase up to $5/lb. within months, if not weeks.

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We received a question from a scrapper in our community asking what the percentage of business at a scrap yard is from scrappers/peddlers compared to contractors or demolition jobs. Tom gives some insight on what a typical scrap yard could expect but also explains, that many of them are different.

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Unless you have lived under a rock, you probably have heard about the electric vehicle (EV) movement. This episode marks the beginning of our Electric Vehicle series. Over the coming months, Tom will discuss the different moving parts of the E.V. market. In this episode, Tom explains the major role copper will play in the push for electric vehicles and further electric infrastructure around the country.

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Increased prices have been fueled by increased demand in the world's economic recovery. As a result, 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.

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