North American Scrap Metal Prices Post Broad Gains on the Index- May 8, 2026

TORONTO (Scrap Monster): As of Friday, May 8, 2026, North American scrap metal prices, including Copper, Aluminum and Brass/Bronze, recorded broad gains on the ScrapMonster Price Index. On the contrary, Stainless Steel and Steel scrap prices held steady on the Index.

• Copper: Across-the-board jump

• Aluminum: Slightly up

• Brass/Bronze: Widespread increase

• Stainless Steel: Flat trend

• Steel: Witnessed no change

Copper Scrap Prices

The price of Alternator scrap recorded a jump of $0.01 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 increased by $0.14 per Lb.  

The prices of #1 Insulated Copper Wire 85% Recovery and #2 Insulated Copper Wire 50% Recovery were up by $0.04 per Lb each on the Index. 

Copper Radiator scrap prices recorded a jump of $0.06 per Lb.

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

Cu Yokes prices edged higher by $0.02 per Lb.

Cu/Al Radiator Ends prices increased by $0.05 per Lb upon comparison with the prior day’s price.

Cu/Al Radiators and Cu/Al Radiators/Fe prices increased by $0.05 per Lb each as of May 8, 2026.

Harness Wire 35% Recovery and Romex Wire prices witnessed a jump of $0.04 per Lb each on the Index.

Heater Cores prices saw an increase of $0.03 per Lb on the Index.

The prices of Scrap Electric Motors, Starters, Xmas Lights and Sealed units saw a slight jump of $0.01 per Lb from the previous day’s price levels.

Aluminum Scrap Prices

1100 Scrap prices were unchanged over the previous day.

The prices of 3003 Scrap, 356 Aluminum Wheels and 6063 Extrusions/Fe also held steady on the Index.

The prices of 6061 Extrusions saw no variation over the previous day.

Also, prices of 5052 Scrap and 6063 Extrusions recorded no change when compared with the prior day’s price.

The prices of Al/Cu Radiators and Al/Cu Radiators/Fe saw a jump of $0.05 per Lb on the Index.

Aluminum Radiators prices were flat on a daily basis.

Aluminum Radiators/Fe and Aluminum Transformers prices were unchanged on the Index.

Breakage 50% Recovery prices remained flat as of May 8, 2026.

E.C Aluminum Wire prices saw a jump of $0.01 per Lb on the Index.

Chrome Wheels, Litho Sheets, and MLC Clips reported no price variation when compared with the previous day’s price levels.

Mixed Aluminum Turnings prices held steady on the Index.

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 flat on the Index.

Steel Scrap Prices

• #1 Bundle: No change

• #1 Busheling: Held steady

• #1 HMS: Flat trend

• HMS 80/20: Remained unchanged

 Sheet Metal prices were flat on the Index.

Shredded Auto Scrap and Structural Steel prices recorded no variation as of May 8, 2026.

Stainless Steel Scrap Prices

201 SS and 301 SS prices were unchanged on the Index.

304 SS Solid, 304 SS Turning and 309 SS prices were flat as of May 8, 2026.

310 SS prices saw no variation from the previous day’s level.

330 SS prices held steady on the Index.

Also, 316 SS Solid prices recorded no fluctuation from the previous day’s price level.

Brass/Bronze Scrap Prices

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

• 70/30 Brass Scrap: Up by $0.05 per Lb

• 80/20 Brass Scrap: Increased by $0.05 per Lb

• 85/15 Brass Scrap: Saw a jump of $0.05 per Lb

• Brass Radiator: Edged higher by $0.05 per Lb

Brass Radiator /Fe and Brass Radiator Ends prices saw a slight jump of $0.01 per Lb each from the previous day's price levels as of Friday, May 8, 2026.

In the meantime, Red Brass, Red Borings and Yellow Brass prices were up by $0.05 per Lb on the Index. 

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