page_title: Scrap
section_title: Resources
hierarchical_section_title: Scrap / Resources
caption_attribution_description: English: Schnitzer Steel, (Eugene, Oregon)
context_page_description: Scrap consists of recyclable materials left over from product manufacturing and consumption, such as parts of vehicles, building supplies, and surplus materials. Unlike waste, scrap has monetary value, especially recovered metals, and non-metallic materials are also recovered for recycling.
context_section_description: Scrap prices may vary markedly over time and in different locations. Prices are often negotiated among buyers and sellers directly or indirectly over the Internet. Prices displayed as the market prices are not the prices that recyclers will see at the scrap yards. Other prices are ranges or older and not updated frequently. Some scrap yards' websites have updated scrap prices.
  In the US, scrap prices are reported in a handful of publications, including American Metal Market, based on confirmed sales as well as reference sites such as Scrap Metal Prices and Auctions. Non-US domiciled publications, such as The Steel Index, also report on the US scrap price, which has become increasingly important to global export markets. Scrap yards directories are also used by recyclers to find facilities in the US and Canada, allowing users to get in contact with yards.
  With resources online for recyclers to look at for scrapping tips, like web sites, blogs, and search engines, scrapping is often referred to as a hands and labor-intensive job. Taking apart and separating metals is important to making more money on scrap, for tips like using a magnet to determine ferrous and non-ferrous materials, that can help recyclers make more money on their metal recycling. When a magnet sticks to the metal, it will be a ferrous material, like steel or iron. This is usually a less expensive item that is recycled but usually is recycled in larger quantities of thousands of pounds. Non-ferrous metals like copper, aluminum, and brass do not stick to a magnet. Some cheaper grades of stainless steel are magnetic, other grades are not. These items are higher priced commodities for metal recycling and are important to separate when recycling them. The prices of non-ferrous metals also tend to fluctuate more than ferrous metals so it is important for recyclers to pay attention to these sources and the overall markets.
caption: Loading scrap gondolas in Eugene, Oregon
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