SCRAPMONSTER | DAILY SCRAP METAL PRICE REPORT
North American Scrap Metal Prices: Copper Gains 2¢/Lb, Stainless Rises Up to 4¢ – November 6, 2026
North American scrap metal prices posted selective gains on November 6, 2026. Four principal copper grades rose 2¢/lb, while stainless steel advanced by up to 4¢/lb. Aluminum, brass/bronze and steel benchmarks remained unchanged.
By Carolina Curiel | Published: November 9, 2026 | Market data: November 6, 2026
Market at a Glance
- Copper: ▲ 2¢/lb across four major clean grades; remaining reported grades unchanged.
- Aluminum: → Flat across all 23 reported grades.
- Brass/Bronze: → Flat across all nine reported grades.
- Stainless Steel: ▲ 1–4¢/lb across all eight grades; 330 SS led the gains.
- Steel: → Flat across all seven reported benchmarks.
MONTREAL (Scrap Monster): North American scrap metal prices recorded modest gains in selected copper and stainless steel categories on Friday, November 6, 2026, according to the ScrapMonster Price Index.
#1 Copper Bare Bright, #1 and #2 Copper Wire and Tubing, and #3 Copper-Light Copper each gained 2¢/lb, recovering a small portion of the previous session's losses.
Stainless steel posted broader advances, led by a 4¢/lb increase in 330 SS. Aluminum, brass/bronze and ferrous scrap prices recorded no day-over-day changes.
SCRAPMONSTER EDGE | MARKET ANALYSIS
Copper Rebounds, but Thursday's Decline Still Dominates
Friday's 2¢/lb copper increase followed a 17¢/lb decline on November 5 across the same four principal clean grades.
The latest gain recovered approximately 11.8% of Thursday's loss, leaving those grades 15¢/lb lower over the two sessions.
Stainless steel showed a different pattern. All eight reported grades increased, led by 330 SS at 4¢/lb and 310 SS at 3¢/lb, while the remaining categories registered gains of 1–2¢/lb.
Operator takeaway: Copper's latest move represents a limited recovery rather than a reversal of its preceding decline. Scrap yards, processors and industrial buyers should monitor cumulative price changes, while treating the broad stainless steel gains as a separate development across alloy grades.
Copper Scrap Prices
▲ 2¢/lb | Four clean copper grades increased
Copper scrap prices edged higher across four major grades on November 6:
- #1 Copper Bare Bright: ▲ 2¢/lb
- #1 Copper Wire and Tubing: ▲ 2¢/lb
- #2 Copper Wire and Tubing: ▲ 2¢/lb
- #3 Copper-Light Copper: ▲ 2¢/lb
Unchanged: Alternator Scrap, #1 Insulated Copper Wire 85% Recovery, #2 Insulated Copper Wire 50% Recovery, Copper Radiator Scrap, Copper Transformer Scrap, Cu Yokes, Cu/Al Radiator Ends, Cu/Al Radiators, Cu/Al Radiators/Fe, Harness Wire 35% Recovery, Romex Wire, Heater Cores, Scrap Electric Motors, Starters, Sealed Units and Xmas Lights.
Aluminum Scrap Prices
→ Flat | All 23 reported grades unchanged
Aluminum scrap prices remained stable across all listed categories, including 6063 Extrusions, E.C. Aluminum Wire, Old Cast and UBC.
Unchanged: 1100 Scrap, 3003 Scrap, 356 Aluminum Wheels, 6063 Extrusions/Fe, 6063 Extrusions, 5052 Scrap, 6061 Extrusions, Al/Cu Radiators, Al/Cu Radiators/Fe, Aluminum Radiators, Aluminum Radiators/Fe, Aluminum Transformers, Breakage 50% Recovery, E.C. Aluminum Wire, Chrome Wheels, Litho Sheets, MLC Clips, Mixed Aluminum Turnings, Old Cast, UBC, Old Sheet, Painted Siding and Zorba 90% NF.
Brass/Bronze Scrap Prices
→ Flat | All nine reported grades unchanged
Brass and bronze scrap prices held steady on November 6, following the declines recorded in the previous trading session.
Unchanged: 70/30 Brass Scrap, 80/20 Brass Scrap, 85/15 Brass Scrap, Brass Radiator Scrap, Brass Radiator/Fe, Brass Radiator Ends, Red Brass, Red Borings and Yellow Brass.
Stainless Steel Scrap Prices
▲ 1–4¢/lb | All eight grades increased
Stainless steel recorded the broadest gains among the major North American scrap categories, with increases across every reported grade.
- ▲ 4¢/lb: 330 SS
- ▲ 3¢/lb: 310 SS
- ▲ 2¢/lb: 304 SS Solid, 304 SS Turning, 309 SS and 316 SS Solid
- ▲ 1¢/lb: 201 SS and 301 SS
330 SS registered the largest absolute increase among the reported stainless steel grades.
Steel Scrap Prices
→ Flat | All seven reported grades unchanged
North American ferrous scrap prices showed no day-over-day movement across the tracked categories.
Unchanged: #1 Bundle, #1 Busheling, #1 HMS, HMS 80/20, Sheet Metal, Shredded Auto Scrap and Structural Steel.
Pricing scope: This report covers daily movements in ScrapMonster North American scrap price benchmarks. Nonferrous changes are expressed in cents per pound. Actual buying quotations vary by region, grade, material quality, recovery and buyer. Current proprietary Premium price levels are not disclosed.