Scrapping Steel and Iron in Canada: What You Need to Know
Key Takeaway
Steel and iron are the lowest-priced scrap metals, but they're always in demand. Here's how to get the best return on ferrous metal.
Steel and iron are the most common scrap metals in Canada. Prices are low compared to copper or aluminium, but volume makes up for it.
Types of steel scrap
Light iron covers thin sheet metal — car panels, appliances, filing cabinets. Heavy steel covers thick structural steel, I-beams, pipe, and machinery. Heavy steel pays more per kg. Cast iron (engine blocks, old radiators, bathtubs) is technically iron, not steel, and pays more than either grade of steel.
The magnet test
Steel and iron are strongly magnetic. This is the fastest way to separate ferrous from non-ferrous metals. Non-magnetic metals (copper, aluminium, brass) are worth significantly more.
How yards buy steel
Many yards buy light iron by the load or the tonne. For large loads, they may send a truck to your location. For residential sellers, it's common to load a truck or trailer and drive in.
Appliances
Fridges, washers, dryers, and stoves are bought as light iron. Some yards pick up large appliances for free if you have several. Freon must be removed from fridges before they're accepted — most yards have a tech on site.
Free steel
For very small quantities of steel, some yards don't pay at all — they accept it for free recycling rather than paying out. Call ahead if you have a small amount to see whether it's worth the trip.
Estimate your haul value before heading to the yard.
Hours, materials, and payment info for yards near you.
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