Scrap Metal Price Trends: What to Expect in 2026

# Scrap Metal Price Trends: What to Expect in 2026 If you're selling a junk car or sourcing metal from a recycler, understanding scrap metal pricing is crucial. Here's the current market breakdown. ## Steel & Iron The backbone of most vehicles, steel is priced by the ton. In early 2026, shredded steel averages $245–$285 per ton depending on region. Southern and Gulf Coast yards typically pay slightly more due to export proximity. ## Aluminum Aluminum is significantly more valuable than steel — roughly 40–50 cents per pound for mixed cast aluminum. Wheels and engine blocks command higher prices. ## Catalytic Converters Catalyst prices have moderated from 2021-2022 peaks but remain valuable. Expect $50–$400+ depending on the vehicle. Hybrid catalysts (Prius, etc.) remain the most valuable. ## Copper Wire Copper is priced per pound — #1 bare bright copper averages $3.75–$4.10/lb right now. Insulated wire brings less. ## How to Get the Best Price 1. Call 3+ junkyards for competitive quotes 2. Visit during business hours when prices are set 3. Check spot prices daily on commodity sites 4. Ask about promotional days — many yards offer bonuses on slow inventory days