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

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Written ByRakesh Nandi

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Copper Scrap Price Trend Q1 2026

Product Region Incoterm Basis Price Last Updated Month
Copper Scrap China FOB USD 13,431.88/MT April 2026
Copper Scrap India CIF USD 13,481.88/MT April 2026
Copper Scrap USA CIF USD 13,518.88/MT April 2026
Copper Scrap Germany CIF USD 13,552.88/MT April 2026
Copper Scrap Australia CIF USD 13,469.88/MT April 2026
Copper Scrap China FOB USD 13,351.77/MT March 2026
Copper Scrap India CIF USD 13,406.77/MT March 2026
Copper Scrap USA CIF USD 13,438.77/MT March 2026
Copper Scrap Germany CIF USD 13,433.77/MT March 2026
Copper Scrap Australia CIF USD 13,395.77/MT March 2026

Stay updated with the latest Copper Scrap prices, historical data, and tailored regional analysis

  • Copper scrap prices in India showed a softer trend in March, as supply pressure from rising imports outweighed temporary tightness in select high-grade grades.
  • Feedstock conditions remained mixed, with regional cathode tightness and sulphur-related cost pressure offering support, while higher scrap arrivals increased availability.
  • Downstream demand stayed uneven, with cables, wire-rod, inverters, and consumer durables supporting clean-grade buying, but construction remained weak.

India’s copper scrap market softened through March 2026 as surging imports and higher inventories forced sellers to reduce offers, even though mid-month supply lines were disrupted by Middle East tensions and vessel rerouting. The market had been supported earlier by downstream demand from cables, inverters, and consumer durables, but a pre-budget lull and cautious buying later reduced prompt bids. Demand stayed split, with wire-rod and cable manufacturers remaining the strongest buyers because clean scrap retained a cash-conversion advantage over cathode, while construction demand remained soft. High-grade insulated wire scrap stayed relatively tight and premiums for clean armature rose, but broader availability increased as sellers destocked. Power cable activity improved after tender awards, and air-conditioner output also supported consumption, yet these were not enough to offset the pressure from rising inventories. India’s broader copper demand backdrop remained supported by infrastructure and electrification, though the scrap segment in late March was dominated by inventory pressure rather than demand strength.

Analyst Insight

According to Procurement Resource, copper scrap prices may stabilize if post-financial-year demand improves, but logistics costs and inventory releases will remain the key market drivers.

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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

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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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