What was the overall trend in North American scrap metal prices on October 30, 2026?

North American scrap metal buying benchmarks recorded a largely stable trend. Copper and brass/bronze prices declined across several grades, while aluminum, steel and stainless steel scrap prices remained unchanged.

Which copper scrap grades recorded the steepest price declines?

#1 Copper Bare Bright, #1 Copper Wire and Tubing, #2 Copper Wire and Tubing, and #3 Copper-Light Copper recorded the steepest declines, falling 14¢/lb each. Copper Radiator Scrap dropped 6¢/lb, while selected insulated wire and recovery grades registered smaller losses.

Which scrap metal categories remained unchanged during the session?

Aluminum, steel and stainless steel scrap prices remained completely unchanged across all reported grades. This included 23 aluminum grades, seven ferrous benchmarks and seven listed stainless steel grades.

North American Copper and Brass Scrap Prices Register Decline on the Index- October 30, 2026

Daily Scrap Metal Price Report | 2026-11-02 04:20:57

Copper recorded the session's largest price declines, with four principal clean grades each falling 14¢/lb.

By Carolina Curiel

North American Copper and Brass Scrap Prices Register Decline on the Index- October 30, 2026

Summary

Copper Scrap Prices Record Sharpest Declines: Four major clean copper grades dropped 14¢/lb each. Selected insulated wire, recovery grades, and other copper categories also recorded modest declines.
Aluminum, Steel and Stainless Steel Remain Stable: All 23 aluminum grades, seven steel benchmarks and eight stainless steel categories recorded no day-over-day price changes.
Brass/Bronze Prices Edge Lower: Several brass and bronze grades declined by 3¢/lb, while Brass Radiator Ends remained unchanged on the ScrapMonster Price Index.

MONTREAL (Scrap Monster): North American scrap metal buying benchmarks were mostly steady on Friday, October 30, although copper and brass/bronze declined across several grades on the ScrapMonster Price Index.

Copper: ▼ 14¢/lb across four clean grades; selected insulated wire and recovery grades also declined.
Aluminum: → Flat across all 23 reported grades.
Brass/Bronze: ▼ 1¢/lb- 3¢/lb across six grades, Brass Radiator Ends remained unchanged.
Stainless Steel: → Flat across the eight listed grades.
Steel: → Flat across all seven reported benchmarks.

Copper Scrap Prices

Copper recorded the session's largest price declines, with four principal clean grades each falling 14¢/lb:

#1 Copper Bare Bright
#1 Copper Wire and Tubing
#2 Copper Wire and Tubing
#3 Copper-Light Copper

Copper Radiator Scrap declined 6¢/lb.

Two recovery and insulated wire categories and Romex Wire each decreased 3¢/lb: #1 Insulated Copper Wire 85% Recovery, #2 Insulated Copper Wire 50% Recovery, and Romex Wire.

Cu Yokes declined by 1¢/lb, while Harness Wire 35% Recovery and Heater Cores were down 2¢/lb

Unchanged: Alternator Scrap, Copper Transformer Scrap, Cu/Al Radiator Ends, Cu/Al Radiators, Cu/Al Radiators/Fe, Scrap Electric Motors, Starters, Sealed Units and Xmas Lights.

Aluminum Scrap Prices

Aluminum scrap prices held steady across all 23 reported grades, including E.C. Aluminum Wire, 6063 Extrusions, Old Cast and UBC.

Unchanged wrought, extrusion and sheet grades: 1100 Scrap, 3003 Scrap, 5052 Scrap, 6061 Extrusions, 6063 Extrusions, 6063 Extrusions/Fe, Litho Sheets, MLC Clips, Old Sheet and Painted Siding.

Unchanged cast, wheel, and mixed grades: 356 Aluminum Wheels, Chrome Wheels, Mixed Aluminum Turnings, Old Cast, UBC, and Zorba 90% NF.

Unchanged wire, radiator and recovery grades: E.C. Aluminum Wire, Al/Cu Radiators, Al/Cu Radiators/Fe, Aluminum Radiators, Aluminum Radiators/Fe, Aluminum Transformers and Breakage 50% Recovery.

Steel Scrap Prices

North American ferrous scrap prices recorded no day-over-day movement across the seven listed benchmarks.

Unchanged: #1 Bundle, #1 Busheling, #1 HMS, HMS 80/20, Sheet Metal, Shredded Auto Scrap and Structural Steel.

Unlike copper and brass/bronze, none of the reported ferrous grades registered a price adjustment on October 30.

Stainless Steel Scrap Prices

Stainless steel buying benchmarks remained unchanged across the listed categories, continuing the stable performance reported in the previous session.

Unchanged: 201 SS, 301 SS, 304 SS Solid, 309 SS, 310 SS, 316 SS Solid and 330 SS.

Brass/Bronze Scrap Prices

Brass and bronze scrap benchmarks declined modestly, with six grades falling 1¢/lb - 3¢/lb.

Declining grades: 70/30 Brass Scrap, 80/20 Brass Scrap, 85/15 Brass Scrap, Brass Radiator Scrap, Red Brass, Red Borings and Yellow Brass each falling 3¢/lb.

Unchanged: Brass Radiator Ends.

Meanwhile, Brass Radiator Ends prices held steady on the Index.

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POLL

Which North American scrap metal category recorded the steepest price declines on October 30, 2026?

Copper scrap

Aluminum scrap

Steel scrap

Frequently Asked Questions

What was the overall trend in North American scrap metal prices on October 30, 2026?
North American scrap metal buying benchmarks recorded a largely stable trend. Copper and brass/bronze prices declined across several grades, while aluminum, steel and stainless steel scrap prices remained unchanged.
Which copper scrap grades recorded the steepest price declines?
#1 Copper Bare Bright, #1 Copper Wire and Tubing, #2 Copper Wire and Tubing, and #3 Copper-Light Copper recorded the steepest declines, falling 14¢/lb each. Copper Radiator Scrap dropped 6¢/lb, while selected insulated wire and recovery grades registered smaller losses.
Which scrap metal categories remained unchanged during the session?
Aluminum, steel and stainless steel scrap prices remained completely unchanged across all reported grades. This included 23 aluminum grades, seven ferrous benchmarks and seven listed stainless steel grades.