Scrap prices move for the same reasons most commodity prices move: supply, demand, and whatever’s happening in manufacturing and construction that quarter. Here’s a plain-language look at what’s shaping the market right now.
Non-ferrous is the one to watch
Copper and aluminum tend to swing harder than steel, because they’re more tightly tied to electronics manufacturing and construction wiring demand. When either sector picks up, non-ferrous prices usually follow within a month or two.
Ferrous stays steadier
Steel and iron prices move more slowly, largely tracking domestic mill demand and import/export activity. It’s rarely the dramatic mover, but it’s the more predictable one to plan around if you’re budgeting a demolition or renovation project.
What this means for you
If you’ve got a large load sitting around, it’s always worth a quick call before you commit to a drop-off date — prices can shift week to week, and we’re happy to give you a current quote so you can time it right.
