Scrap Metal prices have been dropping for the past few weeks in the greater Phoenix area. Scrap metal experts are suggesting that the price of scrap metal will continue to drop over the next few months. “Scrap metal pricing is cyclical. The pries of scrap metal typically drop each year in May and then will stabilize by the end of July”, said I Buy Scrap President, Trent Houg.
Other scrap metal prices are dropping as well. Non Ferrous prices have continued to decline through May and into June.
Scrap Copper Tube prices $2.00-$2.85/pound
Scrap Copper Insulated Wire prices $.50-$3.05/ pound
Scrap Aluminum prices $0.30-$.50/pound
Scrap Aluminum Wire prices $.20-$.40/pound
Scrap Steel prices $180-$245 NT
Scrap Brass prices $.25-$1.70 / pound
For more information on scrap pricing please go to http://i-buy-scrap.com/pricing
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