Weekly Metal Price Report
Scrap gold of 14-carat purity posted a weekly increase of $100.01 per ounce, reflecting a gradual improvement in market buying activity.
Brass and bronze scrap prices moved higher across all categories last week, with Brass Radiator/Fe leading the advance by posting a 1.35% week-on-week increase.
In the meantime, the top gainer was Aluminum Transformers, whose prces were up by 5.56% over the previous week's prices.
9-carat gold scrap posted a marginal week-on-week increase of 3.02 percent.
Copper scrap markets showed a generally upward week-on-week movement, with notable gains across multiple categories.
Global steel scrap benchmarks held steady, signaling continued softness in market conditions.
Copper scrap prices posted a mostly positive week-on-week trend, with several categories recording solid gains.
Copper scrap prices mostly recorded week-on-week increase. However, a few categories such as Cu/Al Radiators, Cu/Al Radiator Ends and Cu/Al Radiators/Fe held steady on the Index.
The most significant jumps were observed in categories such as Xmas Lights, #3 Copper- Light Copper, #2 Copper Wire and Tubing, #1 Copper Wire and Tubing, and #1 Copper Bare Bright.
Brass and bronze scrap values fell across the board last week, indicating softening buying activity for these alloy materials.
Copper scrap prices continued their upward momentum last week, with the most significant gains observed in categories such as Xmas Lights, Starters, Sealed Units, and Scrap Electric Motors.
Copper scrap prices mostly declined, with largest dips witnessed in Xmas Lights, #3 Copper-Light Copper, #2 Copper Wire and Tubing, Starters, and Sealed Units.
Steel scrap prices recorded mixed trend across global markets. #1 HMS and HMS 80/20 prices remained flat. Shredded Auto Scrap prices edged higher, whereas #1 Busheling recorded week-over-week decline.
Copper scrap prices rose slightly, led by Xmas Lights, Sealed Units, and Starters.
Ferrous scrap prices are likely to stay steady in the short term
Copper and Aluminum scrap prices showed a mixed trend with most categories rising, while Brass/Bronze scrap (except Brass Radiator Ends) gained week-on-week.
The U.S. market is showing signs of weakness, with most grades expected to fall by $20 per gross ton
Exporters in Asia see the 50% tariffs by the U.S. on aluminum and copper as a severe headwind
Also, Old Zinc Die Cast prices were flat over the previous week.
The weekly price of #1 Copper Bare Bright stayed at $6,000 per tonne from the week before.
The LME Steel Scrap CFR Turkey (Platts) Month 2 Closing price as of August 14, 2025 stood at $351.50 per tonne.
The average price of #2 Copper Wire and Tubing held steady at $4.07 per Lb by the conclusion of the week.
The price of New Zinc Die Cast were unchanged at $0.77 per Lb.
Recall that during the same week last year, production was 1.705 million NT, with a little lower capacity utilization rate of 76.8%.
The proposed gallium project will be co-located at one of Alcoa’s alumina refineries in Western Australia.