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North American Scrap Metal Prices See Slight Gains on the Index- February 24, 2026

Daily Scrap Metal Price Report  |  2026-02-25 06:55:40

309 SS and 310 SS prices saw no change in price from the previous day’s level.

Summary
  • Copper Prices Edge Higher: #1 and #2 Copper Wire and Tubing rose by $0.11/lb, while Bare Bright, Light Copper, and several insulated grades also recorded gains. Radiators, motors, starters, and heater cores saw minor increases, indicating steady mill demand.
  • Brass/Bronze Sees Modest Gains: 70/30, 80/20, 85/15 Brass and Brass Radiators increased by $0.03/lb. Red Brass and Yellow Brass followed the same upward trend, signaling firm non-ferrous sentiment.
  • Aluminum, Steel & Stainless Remain Flat: All major aluminum grades, ferrous scrap categories (#1 HMS, Busheling, Shredded), and stainless steel grades (304, 316, 201, 310) reported no change, reflecting stable supply-demand balance.

TORONTO (Scrap Monster): The North American scrap metal prices remained mostly unchanged on the ScrapMonster Price Index as of Tuesday, February 24, 2026. The only scrap varieties to report changes were Copper and Brass/Bronze

  • Copper: Marginal increase
  • Aluminum: Reported no change
  • Brass/Bronze: Edged higher
  • Stainless Steel: Saw no variation
  • 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 increased by $0.11 per Lb. #2 Copper Wire and Tubing prices were also up by $0.11 per Lb. The price of #1 Copper Bare Bright edged higher by $ 0.11 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery and  #2 Insulated Copper Wire 50% Recovery were up by $0.03 per Lb each on the Index. #3 Copper-Light copper prices recorded an increase of $0.11 per Lb.

The prices of Copper Radiator scrap recorded a jump of $0.04 per Lb on the Index.

Copper Transformer Scrap prices were flat over the prior day.

Cu Yokes prices recorded a jump of $0.01 per Lb on the Index.

Cu/Al Radiator Ends, Cu/Al Radiators and Cu/Al Radiators/Fe prices remained stable as of February 24, 2026.

Harness Wire 35% Recovery and Romex Wire prices saw an increase of $0.03 per Lb each over the day.

Also, Heater Cores prices edged higher by $0.02 per Lb on the Index.

The prices of Scrap Electric Motors, Starters and Sealed units were up by $0.01 per Lb.

 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 24, 2026.

E.C Aluminum Wire prices were flat 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 24, 2026.

Stainless Steel Scrap Prices

201 SS and 301 SS prices reported no change.

304 SS Solid prices also remained flat over the previous day.

304 SS Turning witnessed no change in prices as of February 24, 2026.

309 SS and 310 SS prices saw no change in price from the previous day’s level.

330 SS prices were flat.

Also, 316 SS Solid prices remained unchanged on the Index.

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in the North American region witnessed a marginal increase on the Index.

70/30 Brass Scrap, 80/20 Brass Scrap, 85/15 Brass Scrap, and Brass Radiator scrap prices were up by $0.03 per Lb as of Tuesday, February 24, 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 a jump of $0.03 per Lb on the Index. 

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Frequently Asked Questions


  • Which scrap categories saw price increases on February 24, 2026?
  • Copper and Brass/Bronze recorded marginal gains on the ScrapMonster Price Index.

  • How much did #1 Copper Wire and Tubing increase?
  • It rose by $0.11 per pound, matching gains in #2 Copper Wire and Tubing and Bare Bright copper.

  • Did aluminum scrap prices change?
  • No. All major aluminum grades, including 6063 Extrusions and UBC, remained unchanged.

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