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North American Scrap Metal Prices Fall Sharply Across Major Categories on the Index- June 23, 2026

Daily Scrap Metal Price Report  |  2026-06-24 07:26:03

Harness Wire 35% Recovery and Romex Wire prices reported a decline of $0.07 per Lb and $0.08 per Lb respectively, whereas Heater Cores prices were down by $0.05 per Lb on the Index.

Summary
  • Copper scrap prices weakened significantly, with #1 Copper Bare Bright, #1 Copper Wire and Tubing, and #2 Copper Wire and Tubing falling by $0.23 per lb.
  • Aluminum, brass, and stainless steel scrap posted broad declines, with E.C. Aluminum Wire down $0.07 per lb and most brass grades losing $0.08 per lb.
  • Steel scrap prices remained unchanged, as #1 HMS, HMS 80/20, Busheling, Bundle, and Shredded Auto Scrap held steady.

TORONTO (Scrap Monster): As of Tuesday, June 23, 2026, North American scrap metal prices recorded a notable decline on the ScrapMonster Price Index.

Only Steel scrap prices held steady over the previous day’s prices. All other scrap categories recorded a decline.

  • Copper: Weak trend

  • Aluminum: Recorded decline

  • Brass/Bronze: Widespread decline

  • Stainless Steel: Saw a broad decline

  • Steel: Flat trend


Copper Scrap Prices

The price of Alternator scrap recorded a dip of $0.02 per Lb over the previous day.

The price of #1 Copper Wire and Tubing, #2 Copper Wire and Tubing, #1 Copper Bare Bright, and #3 Copper- Light Copper declined by $0.23 per Lb.  

The prices of #1 Insulated Copper Wire 85% Recovery and #2 Insulated Copper Wire 50% Recovery were down by $0.08 per Lb and $0.07 per Lb respectively on the Index. 

Copper Radiator scrap prices recorded a decline of $0.10 per Lb.

Copper Transformer prices were down by $0.01 per Lb on the Index.

The prices of Cu Yokes dipped by $0.02 per Lb.

Cu/Al Radiator Ends, Cu/Al Radiators and Cu/Al Radiators/Fe prices were flat as of June 23, 2026.

Harness Wire 35% Recovery and Romex Wire prices reported a decline of $0.07 per Lb and $0.08 per Lb respectively, whereas Heater Cores prices were down by $0.05 per Lb on the Index.

The prices of Scrap Electric Motors, Starters, and Sealed units dropped by $0.02 per Lb from the previous day’s price levels.

Xmas Lights prices were down by $0.01 per Lb on the Index.


Aluminum Scrap Prices

1100 Scrap prices were down by $0.04 per Lb over the day.

The prices of 3003 Scrap, 356 Aluminum Wheels, and 6063 Extrusions/Fe also dropped by $0.04 per Lb.

The prices of 5052 Scrap and 6063 Extrusions recorded a decline of $0.05 per Lb each over the day.

Also, prices of 6061 Extrusions saw a dip of $0.04 per Lb when compared with the prior day.

The prices of Al/Cu Radiators and Al/Cu Radiators/Fe recorded no change over the day.

Aluminum Radiators prices saw a dip of $0.01 per Lb.

Aluminum Radiators/Fe and Aluminum Transformers prices were down by $0.01 per Lb each on the Index. 

Breakage 50% Recovery prices dropped by $0.01 per Lb on the Index as of June 23, 2026.

E.C Aluminum Wire prices were down by $.07 per Lb on the Index.

Chrome Wheels and Litho Sheets prices dropped by $0.03 per Lb and $0.04 per Lb respectively.

MLC Clips prices dipped by $0.04 per Lb when compared with the previous day’s price levels.

Mixed Aluminum Turnings prices also declined by $0.04 per Lb.

The prices of Old Cast and UBC dipped by $0.04 per Lb over the previous day.

Old Sheet, Painted Siding, and Zorba 90% NF prices also recorded a decline of $0.04 per Lb on the Index.

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 June 23, 2026.

Stainless Steel Scrap Prices

201 SS prices held steady on the Index.

301 SS and 304 SS Solid prices were down by $0.01 per Lb each over the previous day.

304 SS Turning prices also edged lower by $0.01 per Lb as of June 23, 2026.

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

330 SS prices reported a dip of $0.03 per Lb over the previous day’s prices.

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 a decline on the Index.

  • 70/30 Brass Scrap: Down by $0.08 per Lb

  • 80/20 Brass Scrap: Dropped by $0.08 per Lb

  • 85/15 Brass Scrap: Recorded a decline of $0.08 per Lb

  • Brass Radiator: Reduced by $0.08 per Lb

Brass Radiator /Fe and Brass Radiator Ends prices dropped by $0.01 per Lb from the previous day's price levels as of June 23, 2026.

In the meantime, Red Brass, Red Borings, and Yellow Brass prices dropped by $0.08 per Lb on the Index. 

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Frequently Asked Questions


  • Which scrap category recorded the sharpest decline in North America?
  • Copper scrap posted the steepest losses, with several major grades dropping by $0.23 per lb.

  • How did aluminum scrap prices perform?
  • Aluminum scrap prices declined across most categories, with E.C. Aluminum Wire registering the largest drop of $0.07 per lb.

  • Did any major scrap category remain stable?
  • Yes. Steel scrap prices remained unchanged across all key grades, including #1 HMS, HMS 80/20, and Shredded Auto Scrap.

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