The global scrap market started 2025 with mixed dynamics. In the US and Europe, prices are gradually rising amid limited supply and strong demand, while in China they are declining due to weak activity in the steel industry. Turkey, one of the key importers of scrap, is also experiencing a period of volatility, but in February the market began to show signs of recovery.

United States Scrap Metal Prices

ItemUS East CoastUS MidwestUS West CoastNorth America
Alternator0.30 0.29 0.30 0.30
#1 Copper Bare Bright2.87 2.84 2.94 2.87
#1 Copper Wire and Tubing2.77 2.74 2.84 2.77
#1 Insulated Copper Wire 85% Recovery1.51 1.50 1.52 1.51
#2 Copper Wire and Tubing2.67 2.64 2.74 2.67
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China Scrap Metal Prices

ItemPriceChangeUnitDate
#1 Copper Bare Bright49900.00 0.00CNY/MTOct 02, 2020
#1 Copper Wire and Tubing46900.00 0.00CNY/MTOct 02, 2020
#1 Insulated Copper Wire 85% Recovery25200.00 0.00CNY/MTOct 02, 2020
#2 Copper Wire and Tubing45900.00 0.00CNY/MTOct 02, 2020
#2 Insulated Copper Wire 50% Recovery23350.00 0.00CNY/MTOct 02, 2020
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India Scrap Metal Prices

ItemPriceChangeUnitDate
Copper armeture485000.00 -36000.00Rupee/TonOct 02, 2020
Copper cable scrap495000.00 -36000.00Rupee/TonOct 02, 2020
Copper heavy scrap485000.00 -36000.00Rupee/TonOct 02, 2020
Copper sheet cutting478000.00 -36000.00Rupee/TonOct 02, 2020
Copper utensil scrap 491000.00 -36000.00Rupee/TonOct 02, 2020
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Europe Scrap Metal Prices

ItemPriceChangeUnitDate
#1 Copper Bare Bright6000.00 0.00$US/TonneOct 02, 2020
#1 Copper Wire and Tubing5200.00 0.00$US/TonneOct 02, 2020
#1 Insulated Copper Wire 85% Recovery1900.00 0.00$US/TonneOct 02, 2020
#2 Copper Wire and Tubing4750.00 0.00$US/TonneOct 02, 2020
Braziery Copper4400.00 0.00$US/TonneOct 02, 2020
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