Current Prices — August 01, 2026
| Metal / Grade | Price | Trend |
|---|---|---|
| Copper (orange-red, non-magnetic) | $3.20–$4.20/lb | ↑ |
| Brass (golden-yellow, non-magnetic) | $1.80–$2.40/lb | ↑ |
| Aluminum (silver-gray, very light) | $0.40–$0.75/lb | → |
| Stainless Steel (silver, non-magnetic) | $0.35–$0.70/lb | → |
| Nickel Alloy/Inconel (silver, heavy) | $4.00–$14.00/lb | ↑ |
| Titanium (silver-gray, very light) | $2.00–$8.00/lb | → |
| Steel/Iron (magnetic) | $150–$280/ton | → |
The 4 Basic Metal Identification Tests
1. Magnet Test (Most Important)
A magnet is your most important scrap identification tool. Magnetic = ferrous (steel or iron). Non-magnetic = non-ferrous (copper, aluminum, brass, stainless, nickel alloys, titanium). Note: 304 and 316 stainless steel are non-magnetic in their annealed state but may become slightly magnetic when cold-worked.
2. Color Test
- Orange-red: Copper or copper alloys
- Golden-yellow: Brass (copper-zinc alloy)
- Reddish-orange: Red brass or bronze (higher copper content)
- Silver-gray (light): Aluminum or titanium
- Silver-gray (heavy): Stainless steel, nickel alloys, or lead
- Dark gray/black: Cast iron or lead
3. Weight Test
Pick up the piece and estimate its weight relative to its size. Very light for its size: aluminum or titanium. Medium weight: stainless steel or nickel alloys. Very heavy for its size: lead or tungsten carbide. Titanium is about half the weight of steel of the same size.
4. Spark Test (Grinding)
When ground on a wheel: Carbon steel produces bright orange/yellow sparks that burst. Stainless steel produces dull red/orange sparks. Titanium produces brilliant white sparks. Aluminum produces no sparks (melts instead). Copper and brass produce no sparks.
Identifying High-Value Alloys
For high-value alloys (Inconel, Hastelloy, Monel, titanium), the most reliable identification method is XRF (X-ray fluorescence) testing. We can perform XRF testing on-site to confirm the grade before purchase. Mill certifications (MTRs) are the gold standard — if you have paperwork with the material, bring it.
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