Ever been to the scrap yard for the first time in weeks or months and it seems prices stay the same? This is a common question we get from scrappers that are regularly checking prices and seeing where the market is heading. There are a lot of factors that play into scrap prices, so knowing those and also taking into account your scrap yard's position is helpful.

📲Download The App

✌️Become A Patron

How does the new Infrastructure Plan affect scrap prices and the demand for scrap? There is a lot of buzz around how scrap yards going to be increasing/decreasing prices based on demand. This week, Tom explores how it directly affects scrappers and what to expect for scrap prices, supply/demand, and much more.

📲Download The App

✌️Become A Patron

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. Steel this week didn't have its best showing.

📲Download The App

✌️Become A Patron

As a scrapper, you contribute to the green movement while putting green in your pocket. While it may not seem like a big deal in the scrap world, Earth Day is on April 22nd and it's a great time to reflect on all the great recycling initiatives that scrappers are responsible for. Keep on scrapping and saving the earth!

Below are some common metals and the energy that is saved when recycling them:

• 92% for Aluminum
• 90% for Copper
• 56% for Steel

📲Download The App

✌️Become A Patron

When was the last time the iScrap App on your phone was updated...probably years. Well, we have some good news! Tune in this week with Tom and how the iScrap App has been changing for the scrapper. We have some new exciting features coming to the everyday scrapper, contractors, and those looking to stay updated with market news.

📲Download The App

✌️Become A Patron

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. These are positive signs that we're happy to see across the industry from traders to scrappers. Read more: https://iscrapapp.com/?p=1219115

📲Download The App

✌️Become A Patron

This episode Tom shares a story of his early scrapping days when a customer came to the scrap yard (Rockaway Recycling) and tried to sell copper wire that was taped together. Tom recommended to the customer to remove the tape so he can get a better price. With the reaction of the customer claiming that scrap yards are all thieves, Tom had to make a decision to protect his integrity and business.

📲Download The App

✌️Become A Patron

Every month the iScrap App Team is going to bring you details on various metals and materials so you can learn more about them, where to find them, how to make more money, and so much more. This month we are covering Copper.
 
What is it?

• Copper is a chemical element, a reddish, extremely ductile (able to be drawn out into a thin wire) metal. 
• It is an unusually good conductor of electricity and heat.

Where does it come from?

• Copper is found in the free metallic state in nature.
• First used in 8000 BCE, it was a substitute for stone by New Stone Age humans.
• The Roman supply of copper came almost entirely from Cyprus, known as aes Cyprium, "metal of Cyprus".
• Most copper occurs in ores and must be smelted, or extracted from its ore, for purity before it can be used. 
• About 2/3 of the copper on Earth is found in igneous (volcanic) rocks, and one 1/4 occurs in sedimentary rocks.

📲Download The App

✌️Become A Patron

One of the things that have confused us about the scrap industry is how much scrap yards want to hide versus what their customers want to find. We have found that through talking to people over the last few years, they just want to know what’s going on. We fully intend on letting people learn, talk, and link together in the scrap metal world. Read more: https://iscrapapp.com/?p=1219045

📲Download The App

✌️Become A Patron

TRANSPARENCY - It's what we strive to bring to the scrap metal community day in and day out. Our goal is to be clear and provide helpful information on an industry that has historically kept its customers in the dark. We are here to shine a light on the ins and outs of scrap.

📲Download The App

✌️Become A Patron