Current Scrap Metal Prices in Canada (2025)

Scrap metal prices in Canada vary daily based on global metal markets, regional demand, and how clean or well-sorted your material is. Current scrap metal prices are typically quoted per pound and vary by metal type, grade, and location.

This guide provides current scrap metal price ranges per pound in Canada, along with practical notes on grading and preparation so you can understand what affects payouts and how to avoid being downgraded.

Important: Prices below are estimates. Always call local yards for exact rates.

What Affects Scrap Metal Prices in Canada?

Before looking at numbers, it’s important to understand why prices change.

Key factors include:

  • Global commodity markets (copper, aluminum, steel)
  • Local yard demand
  • Metal grade and cleanliness
  • Quantity sold
  • Transportation and processing costs

Two people selling “copper” can be paid very different amounts depending on preparation.

Current Scrap Metal Prices per Pound in Canada

Below are typical price ranges per pound you may see at Canadian scrap yards. Prices are shown as low-high ranges to reflect real-world variation.

Last reviewed: March 2025

🟠 Copper Scrap Prices per Pound

Copper TypeTypical Price Range (CAD/lb)Notes
#1 Copper (Bare Bright)$4.80 – $5.40Clean, shiny, uncoated
#2 Copper$4.20 – $4.75Light oxidation or solder
Insulated Copper Wire$1.80 – $3.50Depends on copper recovery
Copper Pipe (Clean)$4.40 – $5.10No fittings or solder
Copper Pipe (Dirty)$3.50 – $4.30Solder, paint, fittings

👉 Tip: Stripping wire or removing fittings can increase payout significantly.


⚪ Aluminum Scrap Prices per Pound

Aluminum TypeTypical Price Range (CAD/lb)Notes
Clean Aluminum$0.80 – $1.10No steel or plastic
Dirty Aluminum$0.40 – $0.70Mixed materials
Aluminum Cans$0.55 – $0.75Clean & bagged
Extruded Aluminum$1.00 – $1.40Window frames, rails

🟡 Brass Scrap Prices per Pound

Brass TypeTypical Price Range (CAD/lb)Notes
Clean Yellow Brass$3.20 – $3.80No steel inserts
Dirty Brass$2.50 – $3.10Valves, mixed metals

🔩 Steel / Ferrous Scrap Prices

Metal TypeTypical Price Range (CAD/lb)Notes
Shred Steel$0.08 – $0.15Most common ferrous
Cast Iron$0.10 – $0.18Engines, tubs
Heavy Steel$0.12 – $0.22Thick, clean steel

Ferrous metals pay less but are often accepted in large quantities.


⚙️ Stainless Steel & Specialty Metal Prices

Metal TypeTypical Price Range (CAD/lb)Notes
Stainless Steel$0.80 – $1.50Grade matters
Lead$0.60 – $1.00Batteries, roofing
Electric Motors$0.20 – $0.60Copper content varies

Why Scrap Prices Vary by City

Many people search for scrap metal prices in Toronto, Mississauga, Brampton, and other Canadian cities, but prices can vary even within the same region based on yard demand and volume.

Prices can differ between:

  • Toronto
  • Mississauga
  • Brampton
  • Hamilton
  • Vancouver
  • Calgary

Reasons include:

  • Transportation costs
  • Competition between yards
  • Industrial demand
  • Export access

Clean vs Dirty Scrap Metal (Why Grades Affect Price)

One of the biggest reasons sellers lose money is downgrading.

Common downgrade reasons:

  • Steel mixed with non-ferrous
  • Plastic insulation not removed
  • Solder or fittings attached
  • Mixed grades in one bin

Separating metals properly often pays 20–50% more.

Scrap yards pay significantly more for clean, well-sorted scrap metal because it reduces processing and contamination costs.

👉 See our full [Metal Sorting Guide] for details.

How Often Do Scrap Metal Prices Change?

  • Copper & aluminum: daily to weekly
  • Steel: weekly to monthly
  • Specialty metals: variable

Most yards update prices at least weekly, sometimes daily for high-value metals.

How to Get the Best Scrap Metal Price

Before going to the yard:

  1. Sort metals by type and grade
  2. Remove steel attachments
  3. Strip wire if economical
  4. Bring larger loads if possible
  5. Call multiple yards

Small prep steps can add hundreds of dollars over time.

Disclaimer

Scrap metal prices listed on this page are estimates only. Actual payouts depend on yard policies, grading practices, quantity, and market conditions. Always confirm prices directly with local scrap yards.