February 10, 2026·1 min read·Updated May 25, 2026
Scrap Metal Price Trends: What to Expect in 2026
Stay updated on the current market value of steel, aluminum, and catalytic converters before you visit the yard.
# 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
Written by Marcus Rivera
Senior Editor & Auto Salvage Specialist. Specializes in OEM parts interchange, Hollander coding systems, and helping car owners find quality used parts at salvage yards across the United States.