Scrap Metal Prices Toronto – Updated Guide for Sellers & Buyers
If you're looking for scrap metal prices Toronto, you're in the right place. Whether you're a homeowner cleaning out your garage or a contractor handling industrial waste, understanding the current scrap metal rates can help you make smart decisions and get the best value for your materials.
Why Scrap Metal Prices in Toronto Matter
Toronto is one of Canada's largest recycling hubs, and the demand for recyclable materials like copper, aluminum, steel, and brass is always on the rise. With global metal markets constantly fluctuating, scrap metal prices in Toronto can vary daily based on supply, demand, and international commodity trends.
Knowing the right time to sell your scrap metal can significantly impact your earnings.
Common Scrap Metal Types & Average Prices in Toronto
Prices vary by type and quality of metal. Here's a general guide to what you might expect for various types of scrap metals (note: prices are approximate and change frequently):
🟠 Copper
Bare Bright Copper Wire – $4.50 — $5.50/lb
#1 Copper – $4.00 — $5.00/lb
#2 Copper – $3.50 — $4.50/lb
⚪ Aluminum
Aluminum Cans – $0.60 — $0.80/lb
Aluminum Siding – $0.70 — $0.90/lb
Clean Aluminum Wire – $1.00 — $1.30/lb
🔵 Steel
Light Iron – $0.10 — $0.18/lb
Cast Iron – $0.15 — $0.22/lb
Stainless Steel – $0.50 — $0.75/lb
🟡 Brass
Yellow Brass – $2.00 — $2.80/lb
Red Brass – $2.50 — $3.30/lb
🟢 Lead & Zinc
Lead – $0.45 — $0.65/lb
Zinc – $0.50 — $0.75/lb
⚠️ Note: Prices are subject to change based on the global metal exchange, local demand, and market fluctuations. It's always best to call your local Toronto scrap yard for the most accurate and up-to-date pricing.
Where to Sell Scrap Metal in Toronto
Toronto has several reputable scrap yards and metal recyclers where you can bring your materials for cash. Some of the top-rated places include:
Toronto Scrap Car Removal & Recycling
Canada Iron & Metal Co.
Monsters Scrap Metal
Triple M Metal
Toronto Metal Recyclers Inc.
Make sure to compare prices and inquire about minimum weight requirements, payment methods, and any identification needed.
How to Get the Best Scrap Metal Prices in Toronto
Here are a few tips to maximize your return:
Sort and Clean Your Scrap: Clean, separated metals fetch higher prices.
Stay Updated: Monitor daily or weekly scrap prices.
Build a Relationship with Local Yards: Repeat customers often get better deals.
Sell in Bulk: Larger quantities typically earn better rates.
Know Your Metal Grades: Learn the difference between #1 and #2 copper, or clean vs. dirty aluminum.
Environmental Impact of Scrap Metal Recycling
Recycling scrap metal helps reduce landfill waste, conserve natural resources, and lower greenhouse gas emissions. Every piece of metal you recycle in Toronto contributes to a greener, more sustainable future.
Final Thoughts
If you’ve been wondering about the current scrap metal prices in Toronto, now you have a solid foundation. From copper wire to steel appliances, there’s real value in your old metals — and plenty of local buyers ready to pay competitive rates. Whether you’re an individual or a business, turning your scrap into cash has never been easier or more eco-friendly.
Why Scrap Metal Prices in Toronto Matter
Toronto is one of Canada's largest recycling hubs, and the demand for recyclable materials like copper, aluminum, steel, and brass is always on the rise. With global metal markets constantly fluctuating, scrap metal prices in Toronto can vary daily based on supply, demand, and international commodity trends.
Knowing the right time to sell your scrap metal can significantly impact your earnings.
Common Scrap Metal Types & Average Prices in Toronto
Prices vary by type and quality of metal. Here's a general guide to what you might expect for various types of scrap metals (note: prices are approximate and change frequently):
🟠 Copper
Bare Bright Copper Wire – $4.50 — $5.50/lb
#1 Copper – $4.00 — $5.00/lb
#2 Copper – $3.50 — $4.50/lb
⚪ Aluminum
Aluminum Cans – $0.60 — $0.80/lb
Aluminum Siding – $0.70 — $0.90/lb
Clean Aluminum Wire – $1.00 — $1.30/lb
🔵 Steel
Light Iron – $0.10 — $0.18/lb
Cast Iron – $0.15 — $0.22/lb
Stainless Steel – $0.50 — $0.75/lb
🟡 Brass
Yellow Brass – $2.00 — $2.80/lb
Red Brass – $2.50 — $3.30/lb
🟢 Lead & Zinc
Lead – $0.45 — $0.65/lb
Zinc – $0.50 — $0.75/lb
⚠️ Note: Prices are subject to change based on the global metal exchange, local demand, and market fluctuations. It's always best to call your local Toronto scrap yard for the most accurate and up-to-date pricing.
Where to Sell Scrap Metal in Toronto
Toronto has several reputable scrap yards and metal recyclers where you can bring your materials for cash. Some of the top-rated places include:
Toronto Scrap Car Removal & Recycling
Canada Iron & Metal Co.
Monsters Scrap Metal
Triple M Metal
Toronto Metal Recyclers Inc.
Make sure to compare prices and inquire about minimum weight requirements, payment methods, and any identification needed.
How to Get the Best Scrap Metal Prices in Toronto
Here are a few tips to maximize your return:
Sort and Clean Your Scrap: Clean, separated metals fetch higher prices.
Stay Updated: Monitor daily or weekly scrap prices.
Build a Relationship with Local Yards: Repeat customers often get better deals.
Sell in Bulk: Larger quantities typically earn better rates.
Know Your Metal Grades: Learn the difference between #1 and #2 copper, or clean vs. dirty aluminum.
Environmental Impact of Scrap Metal Recycling
Recycling scrap metal helps reduce landfill waste, conserve natural resources, and lower greenhouse gas emissions. Every piece of metal you recycle in Toronto contributes to a greener, more sustainable future.
Final Thoughts
If you’ve been wondering about the current scrap metal prices in Toronto, now you have a solid foundation. From copper wire to steel appliances, there’s real value in your old metals — and plenty of local buyers ready to pay competitive rates. Whether you’re an individual or a business, turning your scrap into cash has never been easier or more eco-friendly.