Scrap Metal Prices in Canada

Metal TypePrice per Kilo (kg)Last Updated

Scrap metal recycling is an integral part of Canada’s economy, playing a crucial role in environmental preservation and resource sustainability. Given Canada’s diversified industrial sector, including oil and gas, automotive, manufacturing, and technology, the country presents a robust market for scrap metal. This article will provide a comprehensive overview of the current scrap metal prices across Canada, focusing on copper, aluminium, steel, iron, and brass.

Finding the Current Scrap Metal Prices in Canada

Several resources can help track the current scrap metal prices in Canada. Locally, scrapyards and recycling centres often provide the most updated prices as they closely monitor market dynamics. Because scrap metal prices fluctuate due to global market trends, local demand, and scrap quality, it’s advisable to directly contact these facilities or check their websites for the most precise information.

International benchmark prices for scrap metal can also be found on platforms like the London Metal Exchange and various commodities trading websites. These resources provide valuable insights into global trends but may not always reflect the exact local prices in Canada due to factors like transportation costs and local supply-demand dynamics.

Regional Variations in Scrap Metal Prices

Given Canada’s vast geographical size and regional economic differences, it’s crucial to consider that scrap metal prices can vary significantly across the country. Urban areas with robust industrial and construction activities, like Toronto, Vancouver, and Montreal, often have higher scrap metal prices due to increased local demand. Conversely, prices may be lower in remote or rural areas due to logistical challenges and lower demand.

Scrap Copper Prices in Canada

Copper is a valuable scrap metal due to its extensive use in sectors like electronics, plumbing, and electrical wiring. Across Canada, the demand for scrap copper is consistently high, leading to favourable prices.

Currently, scrap copper prices in Canada fluctuate between approximately CAD 8.00 – CAD 11.50 per kilogram, depending on the quality and type of the copper scrap. Clean, pure copper typically commands the highest prices, while mixed or contaminated copper may yield less.

Scrap Aluminium Prices in Canada

Aluminium, known for its lightness and resistance to corrosion, is widely used in industries such as automotive and construction. The steady demand for recycled aluminium in Canada maintains a consistent market for this metal.

While aluminium prices are generally lower than copper due to its more abundant supply and lower production cost, they remain favourable. The current average price ranges from CAD 0.85 – CAD 1.25 per kilogram. However, certain types of aluminium scrap, like extruded aluminium, can command higher prices.

Scrap Steel Prices in Canada

Steel, one of the most frequently recycled metals globally, is essential to industries like construction, manufacturing, and transportation. In Canada, the demand for scrap steel is consistently high.

Scrap steel prices in Canada typically range from CAD 0.16 – CAD 0.24 per kilogram. The price can vary significantly depending on the type and quality of the steel. For instance, stainless steel, known for its high resistance to rust and corrosion, usually fetches a higher price.

Scrap Iron Prices in Canada

Iron, vital to many industrial applications, maintains a steady demand in the scrap metal market. In Canada, scrap iron prices often align with steel prices, as steel is predominantly composed of iron.

On average, scrap iron prices in Canada range from CAD 0.14 – CAD 0.23 per kilogram. Factors such as the form of the scrap (cast iron, wrought iron, etc.) and its contamination level can influence the exact price. Moreover, larger quantities of iron scrap may command better rates due to economies of scale.

Scrap Brass Prices in Canada

Brass, an alloy of copper and zinc, is prized for its aesthetic appeal and corrosion resistance. It’s widely used in fixtures, fittings, and musical instruments. The demand for scrap brass is consistently high in Canada, particularly within the construction and home renovation sectors.

Currently, scrap brass prices in Canada vary between CAD 5.00 – CAD 6.00 per kilogram. Factors such as the quality, quantity, and form of the brass scrap can influence the exact price. Clean, pure brass usually fetches a higher price.

Scrap metal prices in Canada are inherently hard to determine for a number of reasons, that we will continue to discuss on this website. We have designed this website to provide users with the best estimates for pricing across the country.

Across the internet, various online resources state that they have accurate prices for each of the types of scrap metal, however, this is not possible given that they change on an hourly basis and also vary considerably on a regional level too.

Consequently, it is important to pull together prices for each of Canada’s provinces and cities, from there you are able to distinguish what scrap metal prices are on average across the country.

Below are a number of links to various provinces and cities throughout the country, please select which of them is most relevant to you to find out more about the prices near you.

If you are looking for Scrap Metal Prices outside Canada, follow the links for Scrap Meta Prices in the US, UK, Australia.

Scrap Aluminium Prices in Canada

Metal TypePrice Per Kilo (kg)Last Updated
Aluminum Cable$2.8720-June-2024
Aluminum Cans$1.4120-June-2024
Aluminum Rims$2.6520-June-2024
Aluminum Tubing$2.6920-June-2024
Aluminum Sheets$2.1120-June-2024
Aluminum Wheels$2.6220-June-2024

Scrap Brass Prices in Canada

Metal TypePrice Per Kilo (kg)Last Updated
Brass Beams$4.820-June-2024
Brass Tubing$4.2120-June-2024
Brass Wire$4.6520-June-2024

Scrap Copper Prices in Canada

Metal TypePrice Per Kilo (kg)Last Updated
Copper Coils$5.1920-June-2024
Copper Cylinders$3.320-June-2024
Copper Tanks$4.5220-June-2024
Copper Tubing$5.2020-June-2024
Copper Wire$5.7420-June-2024
No.1 Copper$3.2320-June-2024
No.2 Copper$4.5420-June-2024

Scrap Iron Prices in Canada

Metal TypePrice Per Kilo (kg)Last Updated
Iron Bars$3.3520-June-2024
Iron Cable$3.3620-June-2024
Iron Cans$2.1620-June-2024
Iron Tubing$2.6720-June-2024

Scrap Steel Prices in Canada

Metal TypePrice Per Kilo (kg)Last Updated
Stainless Steel$5.4020-June-2024
Steel Beams$3.4520-June-2024
Steel Cable$3.4520-June-2024
Steel Casing$3.1420-June-2024
Steel Radiators$2.4820-June-2024
Steel Sheets$4.8720-June-2024
Steel Tubing$3.3420-June-2024
Steel Wire$4.1020-June-2024

How To Find Us

How To Find Us

We have scrap metal yards all over Canada, but our main dealership is based within Toronto, Ontario. If you are in the area and are keen to find out some more about scrap metal prices in Canada, then head on over to us right away.