#2 copper scrap price in Ontario
Pipe with solder joints, paint or light corrosion; thin wire.
Typical Ontario yard price, checked October 27, 2026
$7.39/lb
Range $6.87 – $7.91/lb · +$0.01 since last week
What counts as #2 copper
Pipe with solder joints, paint or light corrosion; thin wire. Most household plumbing lands here because of solder joints. Burnt wire and heavily tinned copper usually count as #2 or lower.
How the price is set
This grade tracks the London Metal Exchange price for copper (2026-10-26), converted at the Bank of Canada rate of 1.4038 CAD per USD. Ontario yards typically pay about 80% of the exchange price for it; the rest covers sorting, freight and the yard's margin.
Other grades
| Bare bright copper | $8.03/lb |
| #1 copper | $7.76/lb |
| Insulated copper wire (heavy, 70%+) | $5.26/lb |
| Insulated copper wire (light, Romex, cords) | $3.32/lb |