From Scrap to Cash: Catalytic Converter Scrap Price Hits a Record High Now!

Thu, 16 Apr 2026 15:36:49 +0000

From Scrap to Cash: Catalytic Converter Scrap Price Hits a Record High—Now! In today’s rising metal markets, one commodity is breaking records and drawing attention: catalytic converter scrap. With global supply constrained and demand surging due to auto industry shifts and electric vehicle transition, the price of catalytic converter scrap has reached a record high—bringing fresh opportunities for buyers and recyclers alike. ### What’s Fueling the Surge in Catalytic Converter Scrap Prices? The catalytic converter is a vital emissions control device in internal combustion engines, using precious metals like platinum, palladium, and rhodium to reduce harmful exhaust emissions. As automakers transition toward greener technologies and scrappage rates rise, the volume of end-of-life catalytic converters entering the scrap market has spiked dramatically.