Recycled metals are used in a wide range of applications across various industries. Common uses include:

• Manufacturing: Produce a variety of goods including automobiles, appliances, machinery, building materials, consumer electronics, and packaging containers.
• Construction: Steel and aluminum are widely used for structural works, roofing materials, doors, windows, and fixtures.
• Transportation: Recycled metals are used to manufacture vehicles, aircraft, ships, and trains, reducing the environmental footprint.
• Packaging: Metals commonly recycled are used in the production of packaging materials such as cans, foils, containers, and closures.
• Electrical and Electronics: Copper and aluminum are used in wiring, cables, circuit boards, connectors, motors, generators, and other electronic components.

Key benefits of recycling metals are -

• Natural resource conservation
• Energy savings
• Reduction of greenhouse gas emissions
• Waste reduction
• Ecosystem preservation

Metal recycling refers to the process of collecting, processing, and reusing metals that are no longer useful. Instead of disposing these metals into landfills, they are recycled, melted down, and transformed into new useful products. This process helps conserve natural resources, reduce energy consumption, and reduce environmental pollution associated with metal extraction.

Scrap metal prices in each country can vary based on several factors such as demand, supply, type of metal and economic conditions. Metals like steel, aluminum, copper, and others have their market dynamics, so their prices can change independently of each other.

The current scrap metal prices that are reported from the United States and Canada scrap yards are

• Computer/Server - $0.20/LB
• Steel - $215.00/NT
• Contaminated Stainless Steel - $0.20/LB
• Soft Lead - $0.41/LB

Click here to view the complete list of current scrap metal prices, collected from the United States and Canadian scrap yards

Those involved in buying or selling scrap metal must keep an eye on the market trends. For up-to-date prices, just visit Recycling Monster, which allows filtering the prices by material category.