What's the Price of Scrap Metal in Canada? (June 2025)
Whether you're a professional scrapper, a contractor, or a homeowner cleaning out a garage, knowing the current price of scrap metal in Canada can help you maximize your return. This guide provides comprehensive information on scrap metal prices across the country as of June 2025, with regional insights, price trends, and expert forecasts.
Current Scrap Metal Prices in Canada – June 2025
| Metal Type | Average Price (CAD/lb) | Common Uses |
|---|---|---|
| #1 Bare Bright Copper | $5.15 | Wiring, power cables |
| #2 Copper | $4.65 | Pipes, old electrical wiring |
| Insulated Copper Wire | $3.00 | Electronics, appliance cords |
| Steel | $0.50 | Appliances, vehicles, tools |
| Cast Iron | $0.45 | Pipes, old radiators |
| Lead | $1.20 | Car batteries, roofing |
| Yellow Brass | $3.20 | Plumbing, keys, fittings |
| Aluminum (Clean) | $1.10 | Cans, siding, rims |
| Scrap Cars | $350–$500 per vehicle | End-of-life vehicles |
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What Affects Scrap Metal Prices in Canada?
- Global Demand: Countries like China, India, and the U.S. drive metal demand for infrastructure and electronics.
- Commodity Markets: Prices often correlate with global trading prices for base metals.
- Supply Chain Disruptions: Fuel costs, transportation issues, or labor shortages affect collection and resale.
- Purity & Condition: Clean, sorted metal fetches more than mixed or dirty scrap.
- Region: Prices vary by province depending on proximity to mills and exporters.
Regional Scrap Price Variations
- Ontario: Most competitive prices due to proximity to U.S. and recycling hubs.
- British Columbia: Strong demand for aluminum and copper, especially near ports.
- Alberta: Oil & gas industry contributes to consistent steel and iron supply.
- Quebec: Strong market for car scrappage and copper electronics.
2025 Scrap Metal Price Forecast
- Copper: Expected to range between CAD 5.00–5.40/lb with growing EV infrastructure needs.
- Steel/Iron: Predicted to remain steady through Q3 due to mill shutdowns and flat global demand.
- Aluminum: Prices likely to rise slightly due to aerospace demand and energy costs.
- Lead: Steady with slight increases tied to battery manufacturing trends.
Frequently Asked Questions
Where can I sell scrap metal in Canada?
Popular buyers include local scrap yards, auto recyclers, and large recycling centers. Use services like Recycle My Car or ScrapMonster to find the best rates nearby.
How often do prices change?
Prices can change weekly or even daily depending on commodity fluctuations, fuel prices, and demand.
Can I get more money for sorted scrap?
Absolutely. Clean, sorted metals fetch significantly higher prices than mixed or contaminated scrap.
Do I need ID to sell scrap?
Yes, Canadian regulations often require a government-issued ID to prevent theft and fraud.
Recycling Tips to Maximize Your Return
- Strip insulation from copper wires to upgrade them to #1 Bare Bright.
- Separate ferrous and non-ferrous metals.
- Drain fluids and remove tires before scrapping a car.
- Use a magnet to identify iron-based metals (magnetic = ferrous).
Live Scrap Metal Prices in Canada
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