North American Scrap Update: Copper & Brass Rise, Stainless Dips on the Index- October 27, 2026

Daily Scrap Metal Price Report  |  2026-10-28 02:23:35   |   By

#1 Copper Wire and Tubing, #2 Copper Wire and Tubing, #1 Copper Bare Bright and #3 Copper-Light Copper each jumped $0.11 per lb, marking a sharp acceleration from the $0.05-per-lb gains recorded in the previous session.

Summary
  • Copper Scrap Prices Surge

    Copper led the gains on the ScrapMonster Price Index on October 27, 2026. Major grades, including #1 Copper Wire and Tubing, #2 Copper Wire and Tubing, #1 Copper Bare Bright and #3 Copper-Light Copper, each climbed $0.11 per lb, accelerating from the previous session's $0.05-per-lb increases.

  • Aluminum and Brass/Bronze Prices Strengthen

    Aluminum scrap prices recorded widespread gains of $0.01–$0.02 per lb across several grades, while most major brass and bronze categories rose by $0.03 per lb. However, selected aluminum and brass grades remained unchanged from the previous day.

  • Stainless Steel Declines as Steel Prices Remain Stable

    Stainless steel scrap prices weakened across all listed grades except 201 SS. The steepest decline was recorded by 330 SS, which fell $0.03 per lb. In contrast, all tracked steel scrap grades remained unchanged on the Index.

MONTREAL (Scrap Monster): North American scrap metal prices moved broadly higher on the ScrapMonster Price Index on Tuesday, October 27, 2026, with the largest gains concentrated in copper.

#1 Copper Wire and Tubing, #2 Copper Wire and Tubing, #1 Copper Bare Bright and #3 Copper-Light Copper each jumped $0.11 per lb, marking a sharp acceleration from the $0.05-per-lb gains recorded in the previous session.

Brass and bronze also strengthened, with most major listed grades adding $0.03 per lb. Aluminum posted widespread but smaller $0.01-$0.02 per-lb increases, while stainless steel declined across every listed grade except 201 SS.

Steel remained the exception to the broader non-ferrous move, with all tracked grades unchanged.

Copper Scrap Prices

Copper posted the strongest movement of the October 27 session, with gains extending well beyond the major clean grades.

#1 Copper Wire and Tubing, #2 Copper Wire and Tubing, #1 Copper Bare Bright and #3 Copper-Light Copper each increased by $0.11 per lb.

#1 Insulated Copper Wire with 85% Recovery and #2 Insulated Copper Wire with 50% Recovery each gained $0.03 per lb.

Copper Radiator Scrap advanced $0.04 per lb.

Harness Wire with 35% Recovery and Romex Wire each increased $0.03 per lb, while Heater Cores rose $0.02 per lb.

Alternator Scrap and Cu Yokes gained $0.01 per lb.

Scrap Electric Motors, Starters, and Sealed Units also advanced by $0.01 per lb.

Copper Transformer Scrap, Xmas Lights, Cu/Al Radiator Ends, Cu/Al Radiators and Cu/Al Radiators/Fe were unchanged.

Aluminum Scrap Prices

Aluminum moved higher across a broad group of grades, although the increases were considerably smaller than in copper.

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

Breakage with 50% Recovery, Chrome Wheels, Litho Sheets, MLC Clips, Mixed Aluminum Turnings, Old Cast, UBC, Old Sheet, Painted Siding, and Zorba 90% NF also increased by $0.01 per lb.

Meanwhile, E.C. Aluminum Wire prices saw a jump of $0.02 per lb.

Al/Cu Radiators, Al/Cu Radiators/Fe, Aluminum Radiators, Aluminum Radiators/Fe, and Aluminum Transformers remained unchanged. 

Steel Scrap Prices

Steel continued to show no day-over-day movement.

#1 Bundle, #1 Busheling and #1 HMS remained unchanged.

HMS 80/20, Sheet Metal, Shredded Auto Scrap, and Structural Steel also held at their previous-day levels.

The flat steel tape contrasted with the gains across most of the non-ferrous categories tracked by the Index.

Stainless Steel Scrap Prices

Stainless steel fell to negative territory after holding flat in the previous session.

301 SS, 304 SS Solid, 304 SS Turning, 309 SS and 316 SS Solid each decreased by $0.01 per lb.

310 SS dropped $0.02 per lb, while 330 SS posted the largest stainless move with a $0.03-per-lb decline.

201 SS was unchanged.

Brass/Bronze Scrap Prices

Brass and bronze scrap prices posted modest gains across several major categories.

70/30 Brass Scrap, 80/20 Brass Scrap, 85/15 Brass Scrap and Brass Radiator each increased $0.03 per lb.

Red Brass, Red Borings, and Yellow Brass also gained $0.03 per lb.

Brass Radiator/Fe and Brass Radiator Ends were unchanged from the previous day.

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