How Much is Scrap Metal Worth in Canada?
Scrap metal recycling is an essential part of Canada's economy, providing economic and environmental benefits. The value of scrap metal in Canada fluctuates based on global demand, metal type, regional availability, and market conditions. This article provides a detailed breakdown of the current average prices of various scrap metals in Canada and factors influencing their worth.
Scrap Copper Prices in Canada
Copper is one of the most sought-after scrap metals in Canada due to its high conductivity and widespread use in electrical wiring, plumbing, and industrial applications. As of February 2025, the average price for scrap copper in Canada is approximately $9.20 CAD per kilogram.
| Copper Type | Average Price (CAD/kg) |
|---|---|
| Bare Bright Copper | $9.50 |
| #1 Copper | $9.20 |
| #2 Copper | $8.75 |
| Copper Wire | $7.50 - $9.00 |
Factors Influencing Scrap Copper Prices
Global Demand: The rise of electric vehicles and renewable energy has increased demand.
Purity and Quality: Clean, uncoated copper fetches higher prices.
Market Trends: Copper prices are affected by supply chain issues and mining output.
Scrap Aluminum Prices in Canada
Scrap aluminum is widely recycled due to its lightweight nature and resistance to corrosion. The average price for scrap aluminum in Canada is $1.20 to $2.50 CAD per kilogram.
Aluminum Pricing Table
| Aluminum Type | Average Price (CAD/kg) |
|---|---|
| Aluminum Cans | $1.20 |
| Sheet Aluminum | $1.50 |
| Cast Aluminum | $2.00 |
| Extruded Aluminum | $2.50 |
Scrap Steel Prices in Canada
Steel is commonly recycled and used in construction and manufacturing. The price of scrap steel in Canada ranges from $0.15 to $0.35 CAD per kilogram.
Steel Pricing Table
| Steel Type | Average Price (CAD/kg) |
|---|---|
| Light Gauge Steel | $0.15 |
| Heavy Melting Steel | $0.30 |
| Stainless Steel | $1.00 - $2.50 |
Scrap Iron Prices in Canada
Scrap iron is another widely recycled metal. The average price of scrap iron in Canada is $0.10 to $0.25 CAD per kilogram.
Scrap Lead Prices in Canada
Lead, often found in batteries and industrial materials, is valued at $1.00 to $1.80 CAD per kilogram.
Scrap Nickel Prices in Canada
Nickel is commonly used in stainless steel production and alloys. The average price of scrap nickel in Canada is $10.00 to $15.00 CAD per kilogram.
Scrap Brass Prices in Canada
Brass is a high-value scrap metal used in plumbing and electrical components. Scrap brass in Canada is worth $4.00 to $6.50 CAD per kilogram.
Scrap Car Prices in Canada
The price of scrap cars depends on weight, metal composition, and dismantling costs. On average, scrap cars in Canada are worth $150 to $600 CAD per vehicle.
Scrap Zinc Prices in Canada
Zinc, commonly used in galvanization and alloys, fetches $1.50 to $2.80 CAD per kilogram in Canada.
Scrap Tin Prices in Canada
Tin is primarily found in soldering materials and coatings, with a scrap value of $6.00 to $9.00 CAD per kilogram.
Scrap Stainless Steel Prices in Canada
Stainless steel contains nickel and chromium, making it more valuable than standard steel. Scrap stainless steel is priced between $1.50 to $3.50 CAD per kilogram.
In summary
The value of scrap metal in Canada varies significantly depending on metal type, market trends, and global demand. Staying informed on scrap metal prices ensures that sellers receive fair compensation for their materials. For the most accurate pricing, it is recommended to check with local scrap yards and recycling centers in Canada.