Scrap Metal Prices In Ontario, Canada
Scrap Metal is used in almost every industry in Canada. Understanding Canada’s current scrap metal prices is essential for anyone involved in the industry, from large-scale recyclers to individuals. Therefore, Schmidt’s Auto Recycling has decided to provide you with the current scrap metal prices.
Latest Scrap Metal Prices in Ontario, Canada
As of 2026, the scrap metal market in Canada is fluctuating due to various factors, including global supply chain disruptions, changes in industrial output, and economic uncertainties. Here’s an overview of the current prices for some common scrap metals:
The average scrap copper prices are between USD2.50 and USD8.08 per pound. Here are the prices of different types of copper scrap metals:
| Material | Price (USD/LB) |
|---|---|
| #1 Copper Bare Bright Scrap | 8.01 |
| #1 Copper Wire Scrap | 8.08 |
| #1 Copper Scrap | 7.63 |
| Bare Bright Copper Scrap | 7.57 |
| #2 Copper Scrap | 7.39 |
| #3 Copper Scrap | 5.94 |
| #1 Insulated Copper Wire | 4.74 (high 4.79, low 4.68) |
| #2 Insulated Copper Wire | 3.19 |
| Copper Auto Radiators Scrap | 4.65 |
| Copper Radiators Scrap | 3.95 |
| Copper Turnings Scrap | 2.50 |
| Copper Transformer Scrap | 4.56 |
The average scrap steel prices range from USD205 to USD375 per NT. Below are the prices for various types of steel scrap metals:
| Type | Price (USD/NT) |
|---|---|
| Auto Cast Scrap | 375.00 |
| Plate & Structural | 330.00 |
| Structural Steel Scrap | 315.00 |
| Short Steel | 290.00 |
| Motor Blocks Scrap | 288.33 |
| Steel Car Rims | 283.33 |
| Heavy Melt Scrap | 267.50 |
| Mixed Steel Scrap | 250.00 |
| Tin | 243.75 |
| Steel Turnings Scrap | 230.00 |
| White Goods | 205.71 |
The average scrap Aluminum prices range from USD0.45 to USD1.82 per pound.
| Type | Price (USD/LB) |
|---|---|
| Aluminum Bare Extrusion Scrap | 1.68 |
| Aluminum Extrusion Scrap | 1.73 |
| Aluminum Painted Extrusion Scrap | 1.68 |
| Aluminum Car Wheels Scrap | 1.82 |
| Aluminum Car Rims Scrap | 1.77 |
| Aluminum Truck Wheels Scrap | 1.32 |
| Aluminum Wheels Clean Scrap | 1.26 |
| Aluminum Cast Scrap | 1.15 |
| Aluminum Die Cast Scrap | 0.45 |
| Aluminum Old Sheet Scrap Clean | 1.02 |
| Aluminum Siding Scrap | 1.06 |
| Aluminum Beverage Cans | 1.23 |
| Aluminum Pop Cans Scrap | 0.76 |
| Aluminum Turning Scrap | 0.53 |
| Mixed Aluminum Scrap | 1.05 |
| Painted Aluminum Scrap | 1.35 |
| Aluminum Scrap | 0.80 |
| Aluminum Scrap Dirty | 0.22 |
Factors Influencing Scrap Metal Prices in Ontario, Canada
Here are several key factors that influence the scrap metal prices in Ontario and across Canada:
- Global Market Demand: Global market demand heavily influences scrap metal prices in Canada. As a key player in the global metal recycling industry, Canada’s prices often reflect trends in major markets like China, the United States, India, and Europe. For Example, if scrap metal is in demand in countries like the USA and China, then the scrap metal prices in Canada may be higher.
- Economic Conditions: The country’s economic conditions can also affect scrap metal prices. When the economy is strong and industrial activity is high, demand for scrap metal increases, increasing prices.
- Metal Type: The type of metal you’re willing to purchase or sell significantly impacts its price. If you go with non-ferrous metals like copper and aluminum, these will generally cost more than ferrous metals like steel.
- Quality and Condition: The quality of the scrap metal also plays a crucial role. In the market, clean metals are considered more valuable than those mixed with other materials or containing impurities.
- Regional Differences: Scrap metal prices can vary across Canada due to regional demand, transportation costs, and the proximity of recycling facilities. For Example, Urban areas with more competition among recyclers or scrapyards might offer better prices than rural locations.
How is Scrap Metal Collected?
Most of the scrap metal is collected, processed, and recycled at scrapyards or auto recycling centres. Here’s how it works:
- Collection: At the Scrapyards, our experts used to gather scrap metals from various sources, including individuals and different types of businesses. This metal comes from discarded items like old or not-worthy vehicles, appliances, construction debris, and other kinds of industrial waste.
- Sorting and Processing: Once collected, the scrap metal is sorted by type (e.g., copper, steel, aluminum) and quality. The metals are then processed, which may involve cleaning, cutting, shredding, or compressing them into more manageable sizes.
If you want to sell or purchase scrap metal, contact Schmidts Auto Recycling company by phone or mail.
Comments (9)
Do you export scrap. We are interested in importing copper scrap and nickle based scrsp to India
Hi
We have Recycling plant in india and have demand of Aluminum cans and wires to buy.would u plz call or tell me
Price
Payment module (LC is possible or not)
Test report (if possible)
Hi Ankush,
Please share your contact number or e-mail as i have lot of scrap metal which i can export.
Thanks,
Ritik.
I can supply aluminium and copper.
What’s your requirements?
How many MT can you take per month?
Hi do you guys sell aluminium scrap
I would like to buy scrap from you . If u give me your contact information I will contact you and discuss about the same .and my email id is maangatnavjot@gmail.com
Thanks
Navjot
I am looking for aluminium UBC scrap.
I need more information.
If possible Please contact me as soon as possible.
Thank you
Krishna Radadiya
+1 437-434-0349
Hi, I am looking to buy aluminum and copper scrap. I have a recycling plant in India. I am mentioning my email address below. singhkamaljeet2113@gmail.com