Copper Scrap Price Trend Analysis 2026: Price Drivers, Supply Demand Analysis, Historical Prices, Market Insights & Latest News

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Written ByRakesh Nandi

Procurement Resource Database

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Copper Scrap Dashboard Inclusions

Copper Scrap Price Dasboard

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Copper scrap prices in 2025 followed a volatile but overall upward trend, driven by persistent supply constraints, evolving trade policies, and firm downstream demand from construction, electronics, and energy transition sectors. The market started the year on a relatively stable footing, but tightening availability of quality scrap and rising demand, particularly from electric vehicle and renewable energy manufacturing, gradually pushed prices higher amid geopolitical uncertainties and trade tensions between key economies. In the second quarter, significant disruptions emerged as export restrictions and import tariffs reshaped global trade flows, limiting access to traditional supply sources and forcing major consumers like China to diversify procurement toward Southeast Asia and expand domestic recycling, while Europe faced continued tightness due to constrained scrap availability. By the third quarter, regional imbalances became more pronounced, with stronger domestic utilization in North America amid reduced exports and firmer pricing in Asia due to declining yard inventories and steady industrial demand. In the final quarter, prices surged further in line with record highs in primary copper markets; however, elevated price levels curtailed scrap generation and dismantling activity, reducing circulating supply and tightening inventories, while secondary producers operated at lower rates due to widening spreads between refined copper and scrap.

About Copper Scrap

Copper scrap refers to recycled copper-containing materials and products that are no longer needed for their original purpose or have reached the end of their useful life. It encompasses a wide range of copper-based items, including old electrical wires, plumbing pipes, construction materials, industrial machinery components, and various consumer goods. Copper scrap is collected and processed through recycling facilities to recover the copper content, which can then be melted down and reused in various industrial applications.

Copper Scrap Product Detail

Hs Code
7404
Industrial Uses

Healing and cooling systems, Coins and currency, Transportation, Electrical and electronics, Construction, Transportation

Supplier Database

LKM Recycling, OmniSource, Commercial Metals Company, SA Recycling LLC, Umicore N.V. LLC, Pacific Metal Pty Ltd, Schnitzer Steel Industries Inc

Regional Coverage

Asia Pacific

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe

Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America

United States and Canada

Latin America

Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa

South Africa, Nigeria, Egypt, Algeria, Morocco

CurrencyUS$ (Data can also be provided in local currency)

Supplier Database AvailabilityYes

Customization ScopeThe report can be customized as per the requirements of the customer

Post-Sale Analyst Support360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

About the Author

Rakesh Nandi profile photo

Rakesh Nandi

Team Lead - Market Research

Leading procurement-focused market intelligence across chemicals, composites, advanced materials, aerospace & defense, and energy, delivering commodity forecasts, supply chain analysis, and competitive benchmarking to support sourcing decisions.

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