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Base Year
Historical Period
Forecast Period
Germany remained the priciest copper scrap market tracked here through the first half of the year 2026 (H1 2026), with Q2 closing at a value of USD 9091/MT against Q1's USD 8931/MT, up 1.8%. Firmer copper metal costs kept a floor under the market, and steady electrical-wiring and brass-alloy demand added their own pull. The global average moved from USD 8617/MT to a value of USD 8772/MT, a similar gain of just a 1.8% percent. For the second half of 2026 (H2 2026), a range of an amount of USD 8675 to 9370/MT looks likely worldwide, supported by dependable recycling and manufacturing demand.
Copper scrap is recovered from unalloyed copper wire, heavy copper scrap, and copper turnings generated during machining, graded by purity and form into categories the industry has used for decades. Recycled copper feeds directly back into copper cathode and wire rod production for electrical wiring, the largest single use, while brass and bronze alloy production and broader industrial manufacturing round out the remainder. Three things move the price: copper metal costs, which track the broader copper market. Electrical-wiring demand tied to construction and grid investment, and industrial manufacturing demand for brass and bronze alloys.
The second half of 2026 (H2 2026) opened firm across every market tracked here. Copper metal costs stayed elevated in step with the broader copper market. Germany and the United States both saw steady electrical-wiring and brass-alloy demand, and China's large recycling base kept it the most affordable of the four even as costs climbed everywhere.
A couple of factors bear watching. A copper metal price spike, or a stronger than expected grid-investment cycle, could actually push the prices past the top of the range. A slowdown in electrical-wiring or industrial demand could pull the market below the floor instead.
| Region | 2026 Price Range (USD/MT) | Outlook |
| Global Average | 8675 - 9370 | Firm copper feedstock costs and steady recycling demand support |
| United States | 8785 - 9490 | Steady electrical-wiring and brass-alloy demand |
| Germany | 9000 - 9720 | Established manufacturing demand commands premium |
| China | 8570 - 9260 | Large recycling base keeps China most affordable |
| India | 8410 - 9080 | Growing industrial manufacturing demand |
US copper scrap firmed by 1.8% to a value of USD 8878/MT, with the electrical-wiring and brass-alloy demand staying steady through the quarter.
Why did the price of Copper Scrap change in Q2 2026 in United States?
The electrical-wiring and brass-alloy demand stayed steady. Copper metal costs climbed some more. The quarter closed at USD 8878/MT.
Germany gained 1.8%, reaching a value of USD 9091/MT, as the established manufacturing demand stayed firm through the period.
Why did the price of Copper Scrap change in Q2 2026 in Germany?
The manufacturing demand stayed firm. Copper metal costs firmed through the quarter. The quarter closed at a value of USD 9091/MT.
China's copper scrap producers passed through the firmer copper feedstock costs in the second quarter, and the domestic demand held steady. The gain came to a value of 1.8%, from USD 8511/MT to USD 8663/MT.
Why did the price of Copper Scrap change in Q2 2026 in China?
Copper feedstock costs firmed through the quarter. The domestic manufacturing demand held steady. The quarter closed at a value of USD 8663/MT.
India climbed 1.8% to a value of USD 8503/MT, with the industrial manufacturing demand continuing to build through the period.
Why did the price of Copper Scrap change in Q2 2026 in India?
The industrial manufacturing demand kept building. Copper metal costs firmed some more. The quarter closed at USD 8503/MT.
US copper scrap rose 1.8% to a value of USD 8721/MT, with electrical-wiring demand firming along with the new year.
Why did the price of Copper Scrap change in Q1 2026 in United States?
Electrical-wiring demand firmed with the new year. Copper metal costs continued climbing steadily. The quarter closed at USD 8721/MT.
Germany gained 1.8% to a value of USD 8931/MT, with the manufacturing demand staying firm through the quarter.
Why did the price of Copper Scrap change in Q1 2026 in Germany?
The manufacturing demand stayed firm. Copper metal costs firmed modestly. The quarter closed at a value of USD 8931/MT.
China gained 1.8%, reaching a value of USD 8511/MT, as the demand firmed up as the year opened.
Why did the price of Copper Scrap change in Q1 2026 in China?
The domestic demand firmed as the year opened. Copper feedstock costs edged higher. The quarter closed at a value of USD 8511/MT.
India climbed 1.8%, reaching USD 8354/MT, as industrial manufacturing demand built through the quarter.
Why did the price of Copper Scrap change in Q1 2026 in India?
Industrial manufacturing demand built through the quarter. Copper metal costs firmed some more. The quarter closed at a value of USD 8354/MT.
The global average climbed steadily across the window, from a value of USD 8200/MT in the first quarter of 2025 to a value of USD 8772/MT by the second quarter of 2026, a net gain of about 7.0%. Every single quarter posted a gain, the steady climb reflecting firming copper metal costs and dependable recycling and manufacturing demand across every market tracked here.
| Quarter | Price (USD/MT) | QoQ Change | Direction |
| Q2 2026 | 8772 | +1.8% | ↑ Rising |
| Q1 2026 | 8617 | +1.8% | ↑ Rising |
| Q4 2025 | 8465 | +1.1% | ↑ Rising |
| Q3 2025 | 8373 | +1.1% | ↑ Rising |
| Q2 2025 | 8282 | +1.0% | ↑ Rising |
| Q1 2025 | 8200 | - | - Stable |
2025 was a steadily firming year for copper scrap across every market tracked here. The global average opened near a value of USD 8200/MT in the first quarter and climbed in every quarter to close the fourth at USD 8465/MT, a full year gain of 3.2%. Every region we track posted a gain in the same range, as firming copper metal costs and steady downstream demand moved the market broadly in step.
The United States opened 2025 at a value of USD 8300/MT and closed the year at USD 8567/MT, a 3.2% gain. The electrical-wiring and brass-alloy demand stayed consistently steady throughout the year. Net direction for the year: solidly higher, with steady downstream demand the main driver.
Germany opened 2025 at USD 8500/MT and closed at a value of USD 8774/MT, a 3.2% gain, the highest absolute price throughout the four markets. The established manufacturing demand stayed firm throughout the year. Net direction for the year: solidly higher, with steady manufacturing demand the main driver.
China opened 2025 at a value of USD 8100/MT and closed at USD 8362/MT, a 3.2% gain, the most affordable of the four markets throughout on its large recycling base. Net direction for the year: solidly higher, with steady domestic demand the main driver.
India opened 2025 at USD 7950/MT and closed at a value of USD 8207/MT, a 3.2% gain. The growing industrial manufacturing demand kept building through the year. Net direction for the year: solidly higher, with expanding manufacturing demand the main driver.
Expert Market Research: Your Source for Real-Time Copper Scrap Price Intelligence
Expert Market Research keeps a continuous watch on the copper scrap pricing across every major producing and consuming region. A price alone says little, so the analysts here dig into what actually drives it: copper metal cost economics, electrical-wiring demand tied to construction and grid investment, and industrial manufacturing demand for brass and bronze alloys. The forecasts draw on feedstock trends, capacity data, and trade-flow shifts across all four reporting regions. Contact Expert Market Research today for the copper scrap pricing data, bespoke market analysis, and strategic procurement advisory.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Recycled copper feeds directly back into copper cathode and wire rod production for electrical wiring, the largest single use. Brass and bronze alloy production and broader industrial manufacturing make up the rest of the demand.
Q2 2026 averages: a value of USD 8878/MT in the United States, USD 9091/MT in Germany, USD 8663/MT in China, and USD 8503/MT in India. Established manufacturing demand makes Germany the priciest of the four.
Steadily higher. The global average rose from USD 8465/MT in Q4 2025 to a value of USD 8617/MT in Q1 2026, and then to USD 8772/MT in Q2, a 3.6% gain across the half, on firming copper metal costs.
Copper metal costs firmed in step with the broader copper market, while electrical-wiring and industrial manufacturing demand held steady to strong across every region tracked.
Figure on a range of USD 8675 to 9370/MT globally for the rest of the year. Firm copper metal costs and steady recycling demand support the move.
Germany carries the firmest premium on established manufacturing demand, the United States sits close behind, India trades in a middle tier on growing manufacturing demand, and China stays the most affordable on its large recycling base.
Monthly. For the live figures, reach out to the Expert Market Research team.
Copper metal costs are the main lever, electrical-wiring demand tied to construction and grid investment close behind, and then industrial manufacturing demand.
China holds the largest recycling base, while Germany, the United States, and India host established producers serving their own regional manufacturing industries.
Lean on the quarterly trends and forecasts to time the recycling-linked purchasing around copper metal cost cycles. Tracking grid investment and construction activity can help buyers anticipate demand shifts before they show up in the spot prices.
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