You’re probably wondering if that old copper wire in your garage is worth hauling to the scrapyard. The answer’s yes copper scrap prices in Canada are strong, and they’re putting real money in people’s pockets every day. Nobody wants to miss out on easy cash, especially when it’s just sitting there gathering dust.
Copper scrap prices in Canada range from about CAD 8.00 to CAD 11.50 per kilogram, depending on the quality, type, and location. Clean, pure copper always fetches the best price, while mixed or dirty copper pays less. That’s the going rate as of early 2025, and it’s holding steady in most cities
If you’re looking to sell copper scrap or just understand what affects its price, this page breaks it down in plain English. No confusing terms. No fluff. Just what matters.
Why Does Copper Hold So Much Value?
Copper’s value comes from high demand in construction, wiring, and renewable energy, and the fact that it can be recycled without losing quality.
Think of copper like the gold of the recycling world. It’s everywhere – inside wires, pipes, motors, and old electronics. And it doesn’t lose its strength or use after recycling.
That’s why scrapyards are always buying it. The more you bring in, the more you earn. But not all copper is treated equally…
What Types of Scrap Copper Sell Best?
Bare bright copper wire sells for the highest price, followed by #1 and #2 copper. Mixed or dirty copper gets less.
Here’s a simple breakdown:
- Bare Bright Copper – Pure, clean wire with no insulation. Looks shiny. Sells the highest.
- #1 Copper – Clean tubing or wire, no solder or paint.
- #2 Copper – Has slight impurities. Think painted pipes or burnt wire.
- Mixed Copper or Motors – Contains metal or plastic mixed in. Less value.
How Much Can You Expect Per Pound?
In April 2025, most scrapyards in Canada are paying:
- Bare Bright Copper: $4.80–$5.00/lb
- #1 Copper: $4.20–$4.60/lb
- #2 Copper: $3.50–$4.00/lb
These prices swing with the market, so what you get today might change tomorrow.
What Impacts Copper Scrap Prices in Canada?
Global demand, Canadian recycling policies, local competition, and copper purity all affect the price per pound.
It’s like gas prices. When global markets shift, prices ripple everywhere. Add shipping, sorting, and refinery costs, and you’ll see why prices change often.
Tip: Prices usually rise when new construction projects or green energy investments go up.
Where Can You Sell Copper in Canada?
You can sell copper scrap at local scrapyards, metal recycling depots, or through bulk buyers for commercial quantities.
Here are a few well-known buyers:
- Schmidt’s Auto Recycling (Ontario)
- Canada Iron & Metal (Toronto)
- Kramer Metals (Western Canada)
How to Get the Best Price for Copper?
Strip the wire, sort the grades, and sell when prices are high. It pays to be picky.
Even 5–10 cents more per pound adds up fast. Here’s what helps:
- Strip insulation from copper wire
- Separate #1 from #2
- Keep everything dry and clean
- Call around for quotes before selling
Why Do Copper Scrap Prices Fluctuate?
Copper scrap prices in Canada change with global demand, local supply, and even the Canadian dollar’s strength. When new construction booms or electronics manufacturing ramps up, copper prices climb. If there’s a slowdown, prices can dip.
Here’s what really drives the price:
- World market demand (especially from big buyers like China)
- Local supply at scrapyards
- Quality and cleanliness of your copper
- Currency swings—when the Canadian dollar drops, prices often rise
If you’re sitting on a pile of copper, timing your sale can mean the difference between a nice payday and a shrug.
Where Can You Sell Copper Scrap in Canada?
You can sell copper scrap at local scrapyards, recycling centers, and some metal dealers in every major Canadian city. Prices can change daily, so always call ahead or check online for the latest rates
Urban scrapyards in Toronto, Vancouver, and Montreal usually pay the most because demand is highest. Rural yards may pay less due to transport costs.
Is It Legal to Sell Copper in Canada?
Yes, but you must follow provincial regulations to prevent illegal sales or theft. Most scrapyards require ID.
If you’re scrapping copper from job sites or old buildings, make sure it’s yours to sell. Police often monitor copper sales due to theft concerns.
Final Thoughts: Is Selling Copper Worth It
If you’ve got old copper sitting around, selling it can be a smart way to earn extra cash without much work.
Just keep an eye on the price. Don’t rush. Strip what you can. And sell when the numbers are in your favor.
It’s not just junk—it’s money waiting to be picked up.