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North American Copper and Stainless Steel Scrap Prices Trend Lower on the Index- February 5, 2026

Daily Scrap Metal Price Report  |  2026-02-06 09:17:25

304 SS Solid prices also edged lower by $0.01 per Lb over the previous day.

Summary
  • Overall Stability: Most North American scrap metal prices held steady on the ScrapMonster Price Index, reflecting muted market activity.
  • Selective Weakness: Copper and stainless steel scrap prices posted marginal daily declines, while E.C. Aluminum Wire edged lower.
  • Flat Segments: Aluminum (excluding E.C. Aluminum Wire), Brass/Bronze, and Steel scrap categories recorded no day-on-day price changes.

TORONTO (Scrap Monster): The North American scrap metal prices remained mostly unchanged on the ScrapMonster Price Index as of Thursday, February 5, 2026.

Copper and Stainless Steel scrap prices recorded slight variation on a daily basis. Also, E.C. Aluminum Wire prices saw a dip on the Index. The rest of the scrap categories held steady over the previous day.

  • Copper: Marginal decline
  • Aluminum: Remained flat, except E.C. Aluminum Wire
  • Brass/Bronze: Held steady
  • Stainless Steel: Widespread decline
  • Steel: Flat trend

 

Copper Scrap Prices

The price of Alternator scrap remained flat over the previous day. The price of #1 Copper Wire and Tubing declined by $0.06 per Lb. #2 Copper Wire and Tubing prices were also down by $0.06 per Lb. The price of #1 Copper Bare Bright edged lower by $ 0.06 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery and  #2 Insulated Copper Wire 50% Recovery were flat on the Index. #3 Copper-Light copper prices recorded a fall of $0.06 per Lb.

The prices of Copper Radiator scrap recorded a decline of $0.01 per Lb on the Index.

Copper Transformer Scrap prices were flat over the prior day.

Cu Yokes prices held steady on the Index.

Cu/Al Radiator Ends, Cu/Al Radiators and Cu/Al Radiators/Fe prices remained stable as of February 5, 2026.

Harness Wire 35% Recovery, Romex Wire and Heater Cores prices witnessed no change over the day.

The prices of Scrap Electric Motors, Starters, Sealed units, and Xmas Lights reported no change from the previous day’s price levels.

Aluminum Scrap Prices

1100 Scrap prices remained flat over the day. The prices of 3003 Scrap were flat on the Index. The prices of 356 Aluminum Wheels and 6063 Extrusions/Fe also were unchanged.

The prices of 6063 Extrusions held steady over the day.

Meantime, prices of 5052 Scrap and 6061 Extrusions remained flat when compared with the prior day.

The prices of Al/Cu Radiators and Al/Cu Radiators/Fe remained unchanged over the day. Aluminum Radiators and Aluminum Radiators/Fe prices held steady. Aluminum Transformers and Breakage 50% Recovery prices remained unchanged as of February 5, 2026.

E.C Aluminum Wire prices registered a decline of $0.01 per Lb on the Index.

Chrome Wheels, Litho Sheets, and MLC Clips held steady at the previous day’s price levels.

Mixed Aluminum Turnings prices also remained unchanged.

The prices of Old Cast and UBC witnessed no change over the previous day.

Old Sheet, Painted Siding, and Zorba 90% NF prices also were unchanged.

Steel Scrap Prices

  • #1 Bundle: No change
  • #1 Busheling: Flat trend
  • #1 HMS: Held steady
  • HMS 80/20: Stable pricing

 Sheet Metal, Shredded Auto Scrap, and Structural Steel also saw no change in prices as of February 5, 2026.

Stainless Steel Scrap Prices

201 SS prices were flat on the Index.

301 SS prices reported a decline of $0.01 per Lb on a daily basis.

304 SS Solid prices also edged lower by $0.01 per Lb over the previous day.

304 SS Turning witnessed a dip of $0.01 per Lb in prices as of February 5, 2026.

309 SS and 310 SS prices recorded decline by $0.01 per Lb and $0.02 per Lb respectively from the previous day’s level.

330 SS prices were down by $0.03 per Lb.

Also, 316 SS Solid prices dropped by $0.01 per Lb on the Index.

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in the North American region witnessed no change on the Index.

70/30 Brass Scrap, 80/20 Brass Scrap, 85/15 Brass Scrap, and Brass Radiator scrap prices were flat as of Thursday, February 5, 2026.

Brass Radiator /Fe and Brass Radiator Ends prices held steady from the previous day's price levels.

Red Brass, Red Borings and Yellow Brass prices recorded no fluctuation on the Index. 

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Frequently Asked Questions


  • How did North American scrap metal prices perform on February 5, 2026?
  • Prices remained mostly unchanged on the ScrapMonster Price Index, with only minor movements in copper, stainless steel, and E.C. Aluminum Wire.

  • Which scrap categories recorded price declines?
  • Copper scrap prices showed marginal declines across several grades, stainless steel scrap prices fell broadly, and E.C. Aluminum Wire prices dipped slightly.

  • What was the movement in Brass/Bronze scrap prices?
  • Brass and bronze scrap prices across all major grades remained unchanged on the Index.

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