Average #2 Insulated Wire Price

Blended rate: local Everett, Massachusetts prices + national trend. As of 3/4/2026.
$1.83/ lb -$0.45 (10.8%)
Use this as a baseline for negotiations. Always call local yards to confirm their rate for your load size.GT = Gross Ton (2240 lbs)
Avg: $1.83
Lowest price $1.50
Highest price$2.15Who pays the most? ⟶
How to read a yard's offer

The min/max range reflects a blended index (local + national data). Your local high may be lower.

  • Low (up to $1.50): Floor price, typically for small loads.
  • Mid ($1.83): A fair deal for standard quantities.
  • High ($2.15+): Top-dollar rate. Offered for large commercial loads or by the most competitive buyers.
52-week price range
Over the past year, prices ranged from $1.20 to $2.99.
Mar '25Jun '25Sep '25Dec '25Today
Market response to COMEX pricing
Spread vs. exchange (180-day avg): ~67.4% (-$3.62/lb). Typical spread for this grade: 39%–56%
⚠️ Local prices haven’t caught up with the exchange yet
Market snapshot
Stable market. Prices have held steady over the past 6 months.
Pricing verified from 1 live board rates today.

#2 Insulated Wire price reference for Everett, Massachusetts

Scrap yards in Everett, Massachusetts don’t always update their prices in real time. To give you a reliable current value, we use the U.S. national average ($1.84/lb). The secondary metals market tracks exchange moves consistently across the country. Use this national figure as your benchmark when negotiating with local yards. #2 Insulated Wire prices across the U.S. →

Top Scrap Yards Buying #2 Insulated Wire in Everett, MA

These are scrap yards in Everett, Massachusetts that recently updated #2 Insulated Wire prices in our database. Call them to lock in a quote. If your city isn't listed, use the National Index above as a bargaining reference with your nearest buyer.

💼 Scrap yard owners: Post your buy prices and get more customers
By price
By date
Updated 17 days ago

Second Street Iron & Metal Co., Inc.

Listed as: 50% Wire/Comm
285 2nd St, Everett, MA 02149 Get Directions
$1.75 / lb

Don’t see your scrap yard in Everett, Massachusetts? List it for free.

Hundreds of sellers in your area search for current scrap prices every day. Post your buy prices and start getting calls.

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Compare #2 Insulated Wire vs. Other Cable Grades

The #1 rule at scrap yards: if you mix grades, they’ll weigh everything at the lowest rate. See the price gap below — if you have higher-value metal, always sort and weigh each grade separately to avoid leaving money on the table.

Sort separately
MCM & Industrial Cable Estimated U.S. prices
Avg price:$3.82 / lb How to sort?
Mix it with #2 Insulated Wire?They’ll pay $1.83 for all of it
Loss if not sorted:-$1.99 per lb
Trend (30d): -4.4%
Price analytics
Sort separately
#1 Insulated Wire Based on 1 scrap yards
Avg price:$3.80 / lb How to sort?
Mix it with #2 Insulated Wire?They’ll pay $1.83 for all of it
Loss if not sorted:-$1.97 per lb
Trend (30d): 0.0%
Price analytics
Sort separately
THHN Wire Estimated U.S. prices
Avg price:$3.47 / lb How to sort?
Mix it with #2 Insulated Wire?They’ll pay $1.83 for all of it
Loss if not sorted:-$1.64 per lb
Trend (30d): -4.5%
Price analytics
Sort separately
Romex® Wire Based on 1 scrap yards
Avg price:$2.65 / lb How to sort?
Mix it with #2 Insulated Wire?They’ll pay $1.83 for all of it
Loss if not sorted:-$0.82 per lb
Trend (30d): 0.0%
Price analytics
Coax & Heliax Cable Estimated U.S. prices
Avg price:$2.11 / lb
Trend (30d): +6.5%
Price analytics
Telecom & Data Wire Estimated U.S. prices
Avg price:$1.76 / lb
Trend (30d): +15.0%
Price analytics
Wire Harnesses Estimated U.S. prices
Avg price:$1.67 / lb
Trend (90d): +4.8%
Price analytics
Jelly Wire Estimated U.S. prices
Avg price:$1.03 / lb
Trend (6m): +4.9%
Price analytics
#3 Insulated Wire (Low Grade) Estimated U.S. prices
Avg price:$0.84 / lb
Trend (30d): -6.3%
Price analytics
Armored Cable (BX) Based on 1 scrap yards
Avg price:$0.78 / lb
Trend (30d): 0.0%
Price analytics
Computer Wire Estimated U.S. prices
Avg price:$0.43 / lb
Trend (30d): 0.0%
Price analytics
Christmas Lights Estimated U.S. prices
Avg price:$0.38 / lb
Trend (6m): +14.4%
Price analytics

Historical Price Trends for #2 Insulated Wire

This chart shows where the market is headed. If the line is climbing, prices are rising — you might get a better deal in a few days. If it’s dropping, don’t wait: sell today before yards lower their buy prices further.

#2 Insulated Wire: Scrap Yard Price vs. World Market (COMEX)

Avg scrap yard price

$1.83
Scrap metal dealers
Spread: -$3.62/lb
vs. exchange

World market price (COMEX)

$5.3745
✓ For 99.9% pure refined metal
💡 Why is the scrap yard price lower than the exchange? The COMEX price is the global benchmark for 99.99% pure refined metal traded in large institutional contracts. The gap between COMEX and what you pocket is the yard’s margin — it covers sorting, cleaning, transport to the mill, and protects them against sudden price drops.

#2 Insulated Wire: Spread vs. Exchange — Monthly History

Analyst take: This month’s average spread between scrap yard prices and the world market for #2 Insulated Wire is 67.4%. That’s in line with the typical range for this grade (64%–70%). Local yards are offering fair market rates. Check offers in your area ↑
PeriodWorld price (per lb)Scrap yard price (per lb)Spread vs. exchange
March 2026 (current)$5.767857$2.58-$3.19 (55.3%)
February 2026$5.880136$2.69-$3.19 (54.2%)
January 2026$5.894887$3.54-$2.36 (40%)
December 2025$5.497742$3.30-$2.20 (40%)
November 2025$5.064033$3.04-$2.03 (40%)
October 2025$5.050242$3.03-$2.02 (40%)
September 2025$4.662367$2.37-$2.29 (49.1%)
August 2025$4.477984$2.33-$2.15 (47.9%)
July 2025$5.482645$3.29-$2.19 (40%)
June 2025$4.883233$2.93-$1.95 (40%)
May 2025$4.686194$2.81-$1.87 (40%)
April 2025$4.654267$2.79-$1.86 (40%)
March 2025$4.919484$2.95-$1.97 (40%)
February 2025$4.558107$2.34-$2.22 (48.7%)
January 2025$4.269774$2.56-$1.71 (40%)
December 2024$4.157855$2.50-$1.66 (40%)
November 2024$4.199383$2.26-$1.94 (46.1%)
October 2024$4.431839$2.58-$1.85 (41.8%)
September 2024$4.292683$2.21-$2.08 (48.5%)
August 2024$4.121839$2.47-$1.65 (40%)
July 2024$4.375242$2.63-$1.75 (40%)
June 2024$4.491083$2.34-$2.16 (48%)
May 2024$4.75471$2.85-$1.90 (40%)
April 2024$4.363717$2.28-$2.08 (47.7%)
March 2024$3.983645$2.35-$1.63 (41%)
February 2024$3.801776$1.99-$1.81 (47.7%)
January 2024$3.811306$2.29-$1.52 (40%)
December 2023$3.871226$2.32-$1.55 (40%)
November 2023$3.720817$2.23-$1.49 (40%)
October 2023$3.609306$2.17-$1.44 (40%)
September 2023$3.759833$1.95-$1.81 (48.2%)
August 2023$3.776097$2.27-$1.51 (40%)
July 2023$3.8455$2.31-$1.54 (40%)
June 2023$3.804983$2.28-$1.52 (40%)
May 2023$3.751484$2.25-$1.50 (40%)
April 2023$4.007367$2.40-$1.60 (40%)
March 2023$4.02821$2.42-$1.61 (40%)
February 2023$4.06475$2.40-$1.67 (41.1%)
January 2023$4.115113$2.18-$1.94 (47.1%)
December 2022$3.820726$2.29-$1.53 (40%)
November 2022$3.674017$2.20-$1.47 (40%)
October 2022$3.430419$1.83-$1.60 (46.6%)
September 2022$3.455283$2.00-$1.46 (42.2%)
August 2022$3.616468$2.17-$1.45 (40%)
July 2022$3.4195$2.01-$1.41 (41.2%)
June 2022$4.118667$2.15-$1.97 (47.8%)
May 2022$4.257274$2.55-$1.70 (40%)
April 2022$4.649533$2.79-$1.86 (40%)
March 2022$4.707694$2.83-$1.88 (40%)
February 2022$4.502304$2.70-$1.80 (40%)
January 2022$4.4345$2.23-$2.21 (49.8%)
December 2021$4.332226$2.60-$1.73 (40%)
November 2021$4.367567$2.62-$1.75 (40%)
October 2021$4.432371$2.26-$2.17 (48.9%)
September 2021$4.2864$2.57-$1.71 (40%)
August 2021$4.302984$2.58-$1.72 (40%)
July 2021$4.347452$2.06-$2.28 (52.5%)
June 2021$4.388783$2.63-$1.76 (40%)
May 2021$4.618871$2.77-$1.85 (40%)
April 2021$4.192633$2.17-$2.02 (48.2%)
March 2021$4.084726$2.45-$1.63 (40%)
February 2021$3.861$2.32-$1.54 (40%)
January 2021$3.607435$1.79-$1.82 (50.4%)
December 2020$3.546903$2.13-$1.42 (40%)
November 2020$3.21755$1.93-$1.29 (40%)
October 2020$3.060177$1.84-$1.22 (40%)
September 2020$3.0352$1.57-$1.47 (48.3%)
August 2020$2.909726$1.75-$1.16 (40%)
July 2020$2.867581$1.72-$1.15 (40%)
June 2020$2.5983$1.56-$1.04 (40%)
May 2020$2.377403$1.43-$0.95 (40%)
April 2020$2.28595$1.37-$0.91 (40%)
March 2020$2.356968$1.41-$0.94 (40%)
February 2020$2.574707$1.54-$1.03 (40.1%)
January 2020$2.759935$1.66-$1.10 (40%)
December 2019$2.774145$1.67-$1.11 (39.9%)
November 2019$2.660717$1.60-$1.06 (40%)
October 2019$2.621613$1.57-$1.05 (40%)
September 2019$2.615533$1.57-$1.05 (40%)
August 2019$2.576597$1.55-$1.03 (40%)
July 2019$2.693468$1.62-$1.08 (40%)
June 2019$2.671833$1.60-$1.07 (40%)
May 2019$2.7395$1.64-$1.10 (40%)
April 2019$2.914283$1.75-$1.17 (40%)
March 2019$2.902032$1.74-$1.16 (40%)
February 2019$2.845929$1.71-$1.14 (40%)
January 2019$2.675468$1.61-$1.07 (40%)
December 2018$2.724823$1.64-$1.09 (40%)
November 2018$2.7578$1.65-$1.10 (40%)
October 2018$2.768435$1.66-$1.11 (40%)
September 2018$2.712817$1.63-$1.09 (40%)
August 2018$2.706081$1.62-$1.08 (40%)
July 2018$2.807597$1.69-$1.12 (40%)
June 2018$3.1238$1.87-$1.25 (40%)
May 2018$3.080177$1.85-$1.23 (40%)
April 2018$3.08635$1.85-$1.23 (40%)
March 2018$3.080758$1.85-$1.23 (40%)
February 2018$3.17875$1.91-$1.27 (40%)
January 2018$3.215161$1.93-$1.29 (40%)
December 2017$3.134855$1.88-$1.25 (40%)
November 2017$3.105817$1.86-$1.24 (40%)
October 2017$3.103887$1.86-$1.24 (40%)
September 2017$3.00865$1.80-$1.20 (40%)
August 2017$2.957097$1.77-$1.18 (40%)
July 2017$2.732484$1.64-$1.09 (40%)
June 2017$2.605467$1.56-$1.04 (40%)
May 2017$2.556677$1.53-$1.02 (40%)
April 2017$2.595367$1.56-$1.04 (40%)
March 2017$2.653452$1.59-$1.06 (40.1%)
February 2017$2.69925$1.62-$1.08 (40%)
January 2017$2.622903$1.57-$1.05 (40%)
December 2016$2.567774$1.54-$1.03 (40%)
November 2016$2.478267$1.49-$0.99 (40%)
October 2016$2.148903$1.09-$1.06 (49.4%)
September 2016$2.139533$1.25-$0.89 (41.5%)
August 2016$2.14129$1.29-$0.86 (40%)
July 2016$2.210419$1.33-$0.88 (40%)
June 2016$2.093733$1.26-$0.84 (40%)
May 2016$2.111387$1.27-$0.84 (40%)
April 2016$2.183033$1.31-$0.87 (40%)
March 2016$2.24029$1.34-$0.90 (40%)
February 2016$2.076759$1.25-$0.83 (40%)
January 2016$2.022419$1.21-$0.81 (40%)
December 2015$2.094355$1.23-$0.87 (41.3%)
November 2015$2.150933$1.09-$1.06 (49.3%)
October 2015$2.368065$1.16-$1.21 (50.9%)
September 2015$2.360633$1.20-$1.16 (49.3%)
August 2015$2.326516$1.37-$0.96 (41.3%)
July 2015$2.490129$1.23-$1.26 (50.5%)
June 2015$2.6549$1.59-$1.06 (40%)
May 2015$2.866032$1.72-$1.15 (40%)
April 2015$2.745367$1.65-$1.10 (40%)
March 2015$2.697548$1.62-$1.08 (40%)
February 2015$2.600036$1.56-$1.04 (40%)
January 2015$2.48075$1.27-$1.21 (48.9%)

#2 Insulated Wire Scrap Price History — Daily Data

A day-by-day market snapshot in exact numbers. Every day we aggregate buy prices from local scrap yards, recording the average, low, and high. Use this table to track real price movement over recent days.

DateAvg price (per lb)ChangeRange (Low/High)
3/4/2026$1.75 / lb+$0.25$1.75 - $1.75
2/17/2026$1.50 / lb+$0.30$1.50 - $1.50
9/19/2025$1.20 / lb-$0.10$1.20 - $1.20
8/23/2025$1.30 / lb+$0.05$1.30 - $1.30
2/8/2025$1.25 / lb-$0.10$1.25 - $1.25
11/6/2024$1.35 / lb+$0.25$1.35 - $1.35
9/8/2024$1.10 / lb-$0.25$1.10 - $1.10
6/19/2024$1.35 / lb+$0.05$1.35 - $1.35
4/13/2024$1.30 / lb+$0.20$1.30 - $1.30
3/1/2024$1.10 / lb+$0.05$1.10 - $1.10
9/28/2023$1.05 / lb-$0.20$1.05 - $1.05
2/1/2023$1.25 / lb+$0.35$1.25 - $1.25
10/6/2022$0.90 / lb+$0.02$0.90 - $0.90
7/1/2022$0.88 / lb-$0.12$0.55 - $1.20
1/24/2022$1.00 / lb-$0.25$0.60 - $1.40
10/23/2021$1.25 / lb+$0.70$1.25 - $1.25
7/28/2021$0.55 / lb-$0.60$0.55 - $0.55
4/12/2021$1.15 / lb+$0.42$1.15 - $1.15
1/15/2021$0.73 / lb-$0.12$0.45 - $1.00
9/29/2020$0.85 / lb+$0.43$0.85 - $0.85
10/7/2016$0.42 / lb+$0.04$0.42 - $0.42
12/1/2015$0.38 / lb-$0.02$0.38 - $0.38
10/31/2015$0.40 / lb-$0.05$0.40 - $0.40
9/7/2015$0.45 / lb-$0.05$0.45 - $0.45
7/15/2015$0.50 / lb-$0.10$0.50 - $0.50

The Breakdown: Pricing #2 Insulated Wire

If you're dealing with extension cords, old appliance cables, or tinned copper wiring, you're sitting on #2 Insulated Wire. Our tracking data shows the national average hovering around $1.86 per pound. Depending on the copper recovery rate (how much plastic vs. copper is actually in the wire), yards might offer anywhere from $1.60 on the low end up to $2.15 for a clean, heavy-gauge load. The copper market dictates these payouts, usually trailing the COMEX spot price by about 67.4%. Scrap yards in Everett have to factor in the heavy plastic shielding and the chopping process, so don't expect bare bright numbers here.

Don't Get Docked: Prepping Your Wire Loads

The fastest way to lose money at the pay window is throwing all your wire into one gaylord box. Mixing your #2 Insulated Wire with premium MCM & Industrial Cable or clean #1 wire will result in a downgrade for the entire bin. That careless sorting mistake can cost you roughly $1.98 per pound across the board. Take the extra five minutes to separate your tinned wire and standard extension cords from your clean, thick-gauge single-strand copper.

Yard Pro Tip: If you're scrapping extension cords or power tool power cables, take a pair of side-cutters and snip off the plug ends before hitting the scale. Strict scale masters will downgrade a bin of #2 Insulated Wire down to #3 Insulated Wire (Low Grade) if they see bulky plastic plugs and brass/steel prongs mixed in, because it ruins the recovery percentage. Snip the ends, toss the wire in your #2 bucket, and throw the brass prongs into your yellow brass pile to maximize your ticket.

Know Your Wire Grades

Not all insulated cable is graded equally. Knowing exactly what you have in your truck prevents the scale master from taking advantage of a mixed load.

GradeCharacteristicsNational Range
#2 Insulated WireTinned copper, extension cords, appliance wire, thinner gauge (under 16g).$1.60 - $2.15/lb
#1 Insulated WireClean, bare copper inside, thick strands (16+ gauge), no tin or solder.$2.40 to $3.90/lb
#3 Insulated Wire (Low Grade)High plastic content, telecom/data wire, holiday lights.$0.60 to $1.20/lb
Armored Cable (BX)Copper wire protected by a steel or aluminum outer sheath.$0.50 to $0.95/lb

Frequently Asked Questions

Should I strip #2 Insulated Wire?

Generally, no. Because #2 Insulated Wire consists of either very thin, hair-like strands (like extension cords) or tinned copper, it's rarely worth the time, effort, and blade wear to strip. Even if you strip tinned wire, it still only pays as #2 Copper, not Bare Bright. You are almost always better off selling it as-is for the current average of $1.86 per pound.

How does the yard determine the price for this grade?

Scrap yards look at the 'recovery rate,' which is the percentage of actual copper versus plastic insulation. #2 Insulated usually yields between 45% and 55% copper by weight. Buyers take the COMEX spot price, apply a spread of around 67.4% to cover the heavy cost of chopping and separating the plastic, and that math becomes your daily board price.

Can I mix telecom wire with my #2 Insulated Wire?

No, keep them separated. Telecom and data cables have a much lower copper recovery rate and belong in the #3 Insulated Wire category. Mixing them Everett will force the buyer to downgrade your entire haul to the lowest common denominator.