Track the latest insights on copper scrap price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.
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During the second quarter of 2025, the copper scrap prices in the USA reached 5,826 USD/MT in June. In the USA, copper scrap prices in Q2 2025 were influenced by fluctuations in collection volumes from construction, automotive, and electronics recycling sectors. Export activity to Asia, especially China and Vietnam, impacted domestic supply availability. Fuel prices and inland freight costs added pressure to processing margins. Market sentiment around primary copper prices also shaped pricing strategies among scrap dealers and recyclers.
During the second quarter of 2025, copper scrap prices in China reached 7,978 USD/MT in June. In China, copper scrap pricing was driven by strong demand from the manufacturing and infrastructure sectors. Import volumes were affected by changes in customs inspection protocols and purity grade requirements. Domestic supply was constrained by limited collection rates and stricter environmental regulations on informal recycling facilities. Exchange rate fluctuations and raw material substitution trends also played a role in market pricing behavior.
During the second quarter of 2025, the copper scrap prices in the UK reached 5,083 USD/MT in June. In the UK, copper scrap prices were shaped by collection efficiency across construction demolition, electrical waste recycling, and industrial sectors. Export volumes to the European Union and Asia affected local market tightness. Operational costs rose due to energy pricing and labor availability. Secondary smelters’ demand, combined with volatility in primary copper futures, further influenced scrap market pricing strategies.
During the second quarter of 2025, the copper scrap prices in Brazil reached 8,076 USD/MT in June. In Brazil, copper scrap pricing was influenced by demand from the domestic electrical and construction manufacturing sectors. Collection activity varied across urban centers, while export interest from Asian buyers introduced competition for available scrap. Currency movements against the US dollar affected the profitability of international trade. Regulatory oversight on informal recycling operations also impacted the volume and consistency of local scrap supply.
During the second quarter of 2025, the copper scrap prices in Indonesia reached 7,420 USD/MT in June. In Indonesia, copper scrap prices were affected by limited domestic processing capacity and strong export demand, particularly from regional buyers. Collection infrastructure in urban and industrial areas influenced supply availability. Import restrictions on mixed and low-grade scrap tightened material flow. Additionally, transportation and port handling costs, along with fluctuations in primary copper benchmarks, influenced scrap pricing trends during the quarter.
During the last quarter of 2024, the copper scrap prices in the USA reached 6280 USD/MT in December. Prices fluctuated due to political and economic uncertainties. Interest rate reduction improved market optimism, but cautious buying resumed despite uncertain budgetary direction. Hurricanes and winter storms interrupted supply routes, putting pressure on the market. Reduced mining activity drove demand for recyclable copper, further stressing supply, while downstream purchasers remained cautious due to policy uncertainty and erratic pricing trends.
During the last quarter of 2024, the copper scrap prices in China reached 8160 USD/MT in December. As per the copper scrap price chart, prices fell as downstream activity slowed following the busy season. Destocking and inclement weather, especially heavy rain and snow, impeded collecting, reducing supply. Mining difficulties boosted reliance on scrap, providing some support for prices. Demand for recycled copper increased, but poor procurement slowed price hikes.
During the last quarter of 2024, the copper scrap prices in the United Kingdom reached 4830 USD/MT in December. Harsh winter weather hampered collection attempts and reduced supply. Demand increased moderately in response to rising interest in sustainable sourcing, but downstream customers remained cautious while waiting for regulatory clarity. Supply constraints and variable procurement needs resulted in inconsistent pricing patterns, posing hurdles for recyclers in managing the uneven demand market.
During the last quarter of 2024, the copper scrap prices in Brazil reached 7900 USD/MT in December. Intense rainfall and seasonal circumstances hampered collection and mining, reducing availability. Recyclers saw increased demand as mining slowed, but downstream purchases remained modest owing to economic concerns. Infrastructure measures raised expectations for future demand, but current market behavior remained restricted, with uneven supply and low buyer confidence influencing short-term price swings.
In the second half of 2023, the price of copper scrap in the United States reached 6027 USD/MT.
The report provides a detailed analysis of the copper scrap market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the copper scrap price trend.
The report offers a holistic view of the global copper scrap pricing trends in the form of copper scrap price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price of copper scrap but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed copper scrap demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Q2 2025:
As per the copper scrap price index, European copper scrap prices in Q2 2025 were influenced by constrained collection volumes from the construction and electronics sectors, combined with heightened demand from secondary smelters. Export flows to Asia increased competition for available supply. Energy and labor costs added pressure to processing margins, while environmental regulations tightened compliance requirements for scrap handling and cross-border shipments within the European Union.
Q4 2024:
As per the copper scrap price index, copper scrap values in Europe fluctuated until late 2024. Harsh winter temperatures hampered supply networks, reducing the availability of recycled copper. As a result, recyclers reported an increase in demand for secondary copper resources, despite the downstream sectors remaining cautious. Political and economic upheavals in important markets contributed to the unpredictability, influencing pricing perceptions. Regional demand was inconsistent, with some recoveries pushed by sustainability goals and others hampered by weak manufacturing activity and weather-related logistical challenges across the continent.
Europe's copper scrap pricing trends are deeply affected by its stringent environmental regulations and the push towards sustainable and recycled materials. The automotive and aerospace industries in Europe, which demand high-quality specialty metals, further complicate the pricing landscape. Energy costs and the availability of renewable energy sources also significantly influence copper scrap production costs. Additionally, the region's dependency on copper scrap imports, coupled with fluctuating currency values, adds another layer of complexity to understanding price trends in this market.
Detailed price information for copper scrap can also be provided for an extensive list of European countries.
Region | Countries Covered |
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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, among other European countries. |
Q2 2025:
As per the copper scrap price index, in North America, copper scrap pricing was shaped by fluctuations in collection activity across construction, industrial, and municipal recycling channels. Export demand, especially from Southeast Asian countries, affected domestic availability. Fuel price trends and inland transportation constraints influenced logistics costs. Market participants also responded to movements in primary copper futures and changes in federal recycling policy frameworks impacting scrap recovery.
Q4 2024:
Copper scrap prices in North America varied due to weather-related disturbances, such as hurricanes and ice storms, inadequate collecting and mining operations, and limiting supplies. This resulted in the growing demand for recycled copper, notwithstanding cautious downstream purchases. Market volatility in the United States was influenced by the political climate and macroeconomic worries surrounding the presidential changeover. Although the Federal Reserve's rate decreased initially boosted confidence, uncertainty about infrastructure policy and fiscal direction dampened the momentum, leaving pricing sentiment mixed in the last months of the year.
In North America, copper scrap prices are closely tied to technological advancements in extraction and processing techniques, which aim to reduce costs and enhance efficiency. The region's emphasis on defense and technology sectors, which require precise and high-grade metals, drives demand variability. Furthermore, trade policies, particularly those involving major trade partners like Canada and Mexico, heavily influence copper scrap supply chains and pricing structures. The shift towards green energy and electric vehicles in North America also affects demand patterns for metals.
Specific copper scrap historical data within the United States and Canada can also be provided.
Region | Countries Covered |
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North America | United States and Canada |
Q2 2025:
As per the copper scrap price chart, the prices in the Middle East and Africa fluctuated due to a complex interplay of factors, primarily driven by supply chain disruptions, seasonal demand shifts, and geopolitical influences. A tight supply from refineries, exacerbated by maintenance rounds and unplanned outages, put pressure on prices. Simultaneously, demand from the agrochemical sector during the planting season contributed to price changes.
Q4 2024:
The copper scrap pricing trends in the Middle East and Africa are increasingly impacted by infrastructural developments and investments in the construction and transportation sectors. The region’s political climate and its effect on operational stability and security are also crucial in determining price trends. Additionally, the Middle East's strategic initiatives to diversify away from oil dependency and invest in mining and metal production capabilities are reshaping its market dynamics. In Africa, the availability of resources combined with foreign investment in mining projects heavily influences local and global copper scrap supply and prices.
Region-wise data and information on specific countries within these regions can also be provided.
Region | Countries Covered |
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Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Q2 2025:
In the Asia Pacific region, copper scrap prices were impacted by strong regional demand from electrical, manufacturing, and infrastructure sectors. China’s evolving import policies and quality standards influenced regional trade dynamics. Domestic collection systems in emerging economies faced capacity challenges. Currency volatility and freight rate fluctuations added to pricing variability, while seasonal trends in construction activity shaped downstream consumption patterns.
Q4 2024:
Copper scrap rates in the Asia Pacific fluctuated. Off-season destocking and lower manufacturing demand in China put downward pressure on prices. Severe rain and snowstorms slowed collecting and processing, reducing domestic supply. Regional consumers exhibited restricted purchase behavior, even as demand for recycled materials increased due to disruptions in original copper output. While certain countries in the region profited from green transition initiatives, overall price movement was driven by supply constraints and slow downstream growth.
In the Asia Pacific region, copper scrap pricing dynamics are significantly influenced by robust industrial growth and expanding manufacturing sectors, particularly in China and India. The region's high demand for metals is driven by its active construction industry and increasing investments in infrastructure projects. However, supply disruptions due to geopolitical tensions and regulatory changes in mining practices also play a critical role in shaping price fluctuations. Additionally, trade policies and import-export tariffs continue to impact the cost structures and availability of copper scrap, making the Asia Pacific market a complex environment for price trend analysis.
This copper scrap price analysis can be expanded to include a comprehensive list of countries within the region.
Region | Countries Covered |
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Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Q2 2025:
In Latin America, particularly Brazil, copper scrap pricing was affected by limited formal collection infrastructure and growing demand from domestic manufacturing industries. Export activity to Asia intensified competition for locally sourced scrap. Currency movements and inflationary pressures influenced operational costs for recyclers. Government oversight of informal recycling channels, along with regional trade logistics and labor availability, also played key roles in determining market pricing.
Q4 2024:
As per the copper scrap price index, the market in Latin America fluctuated in price. Rain and hard weather caused delays in scrap collecting and transportation, especially in mining-intensive areas. The consequent shortfall boosted prices in several nations, albeit downstream demand remained low. Due to operational difficulties in primary production, recycling became more popular throughout the region as a supply of copper. Pricing was determined by broader economic conditions and supply-side constraints, with variable weather playing a significant role in shifting the supply-demand balance.
Latin America's copper scrap market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in copper scrap prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, economic fluctuations and currency devaluation are critical factors that need to be considered when analyzing copper scrap pricing trends in this region.
This comprehensive review can be extended to include specific countries within Latin America.
Region | Countries Covered |
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Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
IMARC’s newly published report, titled “Copper Scrap Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of copper scrap pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of copper scrap at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of copper scrap price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing copper scrap price fluctuations, such as supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
The global copper scrap market size reached 10.56 Million Tons in 2024. By 2033, IMARC Group expects the market to reach 13.2 Million Tons, at a projected CAGR of 2.38% during 2025-2033.
The report covers the latest developments, updates, and trends impacting the global copper scrap industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in copper scrap production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the copper scrap price trend.
Latest developments in the copper scrap industry:
Copper scrap refers to discarded or obsolete copper material, which can be recycled and used in various applications. The industrial uses for copper scrap range from electronics to construction and renewable energy to automotive manufacturing. Some of the common scrap materials include copper wire, pipes, electrical components, tools, and mechanical joints. The process of obtaining copper scrap includes collecting, sorting, and melting down the copper so that impurities can be removed. Following the steps, a high-quality recycled copper is produced which still retains the same properties of the metal, such as high electrical conduction capacity and corrosion resistance.
In addition to helping meet the ever-increasing international need for copper, efficient recycling of copper scrap gives significant benefits to the environment by saving natural resources. Copper recycling helps in saving energy consumption and reduces greenhouse gas emissions, hence supporting sustainable development programs and helping in conservation.
Key Attributes | Details |
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Product Name | Copper Scrap |
Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Copper Scrap Price Analysis, and Segment-Wise Assessment. |
Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, 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* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
Information Covered for Key Suppliers |
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Customization Scope | The report can be customized as per the requirements of the customer |
Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
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Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
IMARC offers trustworthy, data-centric insights into commodity pricing and evolving market trends, enabling businesses to make well-informed decisions in areas such as procurement, strategic planning, and investments. With in-depth knowledge spanning more than 1000 commodities and a vast global presence in over 150 countries, we provide tailored, actionable intelligence designed to meet the specific needs of diverse industries and markets.
1000
+Commodities
150
+Countries Covered
3000
+Clients
20
+Industry
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