North American Scrap Metal Prices Post Broad Gains on the Index- October 23, 2026

Daily Scrap Metal Price Report | 2026-10-26 03:47:09 | By Carolina Curiel

The session was led by a $0.10-per-lb increase across several key copper grades, while aluminum posted widespread smaller gains and brass/bronze advanced across most of its major listed categories.

Summary

Copper Scrap Prices Lead Market Gains
North American copper scrap prices recorded widespread increases, with #1 Copper Wire and Tubing, #2 Copper Wire and Tubing, #1 Copper Bare Bright and #3 Copper-Light Copper each rising $0.10 per pound. Other grades, including copper radiators and insulated copper wire, posted smaller gains.
Aluminum and Brass/Bronze Prices Strengthen
Aluminum scrap prices increased across most listed grades, generally by $0.01 per pound. E.C. Aluminum Wire recorded a $0.02/lb gain. Brass and bronze prices also advanced broadly, with several brass grades, Red Brass, Red Borings and Yellow Brass each gaining $0.02/lb.
Steel and Stainless Steel Scrap Remain Stable
Steel scrap prices remained unchanged across all listed benchmarks, including #1 Busheling, #1 HMS and Shredded Auto Scrap. Stainless steel grades, including 304 SS Solid, 316 SS Solid and 310 SS, also recorded no daily price changes.

MONTREAL (Scrap Monster): As of Friday, October 23, 2026, North American scrap metal prices recorded broad gains across copper, aluminum, and brass/bronze on the ScrapMonster Price Index. Stainless steel and steel scrap prices held steady on the Index.

The session was led by a $0.10-per-lb increase across several key copper grades, while aluminum posted widespread smaller gains and brass/bronze advanced across most of its major listed categories.

Copper Scrap Prices

Alternator scrap recorded no variation from the previous day.

#1 Copper Wire and Tubing, #2 Copper Wire and Tubing, #1 Copper Bare Bright and #3 Copper-Light Copper each increased $0.10 per lb.

#1 Insulated Copper Wire 85% Recovery and #2 Insulated Copper Wire 50% Recovery each rose $0.02 per lb on the Index.

Copper Radiator scrap increased $0.03 per lb.

Copper Transformer Scrap, Cu/Al Radiator Ends, Cu/Al Radiators and Cu/Al Radiators/Fe held steady on the Index.

Harness Wire 35% Recovery and Romex Wire each increased $0.02 per lb.

Cu Yokes and Heater Cores gained $0.01 per lb.

Scrap Electric Motors, Starters, Sealed Units and Xmas Lights recorded no change on the Index.

Aluminum Scrap Prices

Aluminum increased across most of the listed benchmark grades.

1100 Scrap, 3003 Scrap, 356 Aluminum Wheels, 6063 Extrusions/Fe, 6061 Extrusions, 5052 Scrap and 6063 Extrusions each edged higher by $0.01 per lb.

Al/Cu Radiators, Al/Cu Radiators/Fe, Aluminum Radiators, Aluminum Radiators/Fe, Aluminum Transformers, Mixed Aluminum Turnings and Breakage 50% Recovery were unchanged on a daily basis.

E.C. Aluminum Wire posted the strongest listed aluminum move, rising $0.02 per lb on the Index.

Chrome Wheels, Litho Sheets, MLC Clips, Old Cast, UBC, Old Sheet, Painted Siding and Zorba 90% NF each increased $0.01 per lb.

Steel Scrap Prices

Steel scrap prices were unchanged on the Index.

· #1 Bundle: No change.

· #1 Busheling: Flat.

· #1 HMS: Held steady.

· HMS 80/20: Stable.

Sheet Metal, Shredded Auto Scrap, and Structural Steel also recorded no change from the previous day's levels.

Stainless Steel Scrap Prices

201 SS and 301 SS prices were unchanged on the Index.

304 SS Solid, 304 SS Turning and 309 SS were flat from the previous day.

310 SS, 330 SS and 316 SS Solid also recorded no day-over-day movement.

Brass/Bronze Scrap Prices

Brass and bronze scrap prices posted widespread gains across the North American Index.

70/30 Brass Scrap, 80/20 Brass Scrap, 85/15 Brass Scrap and Brass Radiator each increased $0.02 per lb.

Brass Radiator/Fe and Brass Radiator Ends were unchanged from the previous day's price levels.

Red Brass, Red Borings, and Yellow Brass each rose $0.02 per lb.