Weekly Metal Price Report
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.
The price of #1 Copper Bare Bright on the ScrapMonster Index fell from $5.40 to $5.34 per pound as of Thursday, July 17, 2025, a weekly decline of 1.11%.
Over the past week, #1 Copper Bare Bright's price has gone up by 7.78%.
The HMS 80/20 pricing for the Index stayed at $265 per MT.
Over the previous week, there was an increase of 4.76% in copper scrap prices.
Over the past week, #1 Copper Bare Bright's price has gone up by 0.21%.
By the end of the week, the price of #2 Copper Wire and Tubing had increased by 0.22% to $4.52 per pound.
The price of #1 Copper Bare Bright on the ScrapMonster Index rose from $4.57 to $4.80 per pound as of Thursday, June 5, 2025, a weekly increase of 5.03%.
The Index's aluminum scrap prices recorded marginal increase of 0.23% over the previous week.