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Weekly Metal Price Report | 2026-01-16 17:25:15
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.
MONTREAL (Scrap Monster): The report below outlines the weekly price movements for key scrap metal categories across North America, as tracked by the Scrap Monster Price Index for the period January 9–15, 2026.
Copper scrap markets experienced an overall positive week-on-week trend, with prices increasing in most segments. However, Cu/Al Radiators, Alternators, Copper Transformer Scrap, Cu/Al Radiator Ends, and Cu/Al Radiators/Fe showed no change on the index. Among all categories, Xmas Lights delivered the strongest gains, rising 3.23% compared with the prior week.
Aluminum scrap prices were generally flat on the Scrap Monster Price Index. All scrap varieties, except E.C. Aluminum Wire, held steady upon comparision with the prior week. In the meantime, E.C. Aluminum Wire prices edged higher marginally by 0.7% over the previous week's prices.
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. However, Brass Radiator Ends prices were flat on the Index.
By comparison, lead scrap markets remained stable, showing no price changes across key trading regions.
Zinc scrap prices edged up marginally in several categories. Also, global steel scrap benchmarks edged higher marginally driven by modest recovery in market conditions.
Stainless steel scrap prices exhibited negative momentum on the Index.
In short, Copper scrap prices showed a generally positive week-on-week trend, while aluminum values remained mostly flat. Brass and bronze prices recorded overall gains, whereas lead markets were stable with no notable changes. Zinc and steel scrap prices edged up slightly, supported by modestly improving market conditions, while stainless steel scrap prices moved lower.
For full market breakdowns, visit the Daily Scrap Metal Price Report Hub or track real-time prices via the US Scrap Price Index.
Market Drivers
Primary Metal Prices – Movements in LME and COMEX prices impact scrap valuations, as scrap prices closely track trends in primary metals.
Energy and Power Costs – Electricity and fuel prices affect smelting, refining, and recycling costs, influencing scrap demand and margins.
Market Highlights
North America Copper Scrap Prices: Copper scrap prices strengthened during the past week amid improved market sentiment. #1 Copper Bare Bright rose by 1.72%, while #1 Copper Wire and Tubing increased 1.75% to $5.80 per pound. Meanwhile, #2 Copper Wire and Tubing edged higher by 1.79%, reaching $5.70 per pound.
Charts



The table below outlines the week-on-week price movements for #1 Copper Bare Bright, #1 Copper Wire and Tubing, and #2 Copper Wire and Tubing.
| Category | Price Change ($) | % Change |
| #1 Copper Bare Bright | 0.10 | +1.72% |
| #1 Copper Wire and Tubing | 0.10 | +1.75% |
| #2 Copper Wire and Tubing | 0.10 | +1.79% |
Access our Daily Scrap Metal Price Report Hub
Track real-time prices via our US Scrap Price Index
On the Scrap Monster Price Index, #1 Copper Bare Bright rose by $0.10 per pound as of Thursday, January 15, 2026, marking a week-on-week increase of ↑1.72%. #1 Copper Wire and Tubing also advanced by $0.10 per pound, up 1.75% from the previous week. Meanwhile, #2 Copper Wire and Tubing climbed ↑1.79% over the week, increasing from $5.60 per pound to $5.70 per pound.
The price of #1 Copper Bare Bright on the Scrap Monster Price Index inched up by $0.10 per pound as of Thursday, January 15, 2026, a weekly jump of ↑1.79%. #1 Copper Wire & Tubing edged higher by $0.10 per pound, registering an increase by ↑1.82% from the prior week. By the end of the week, the price of #2 Copper Wire and Tubing had edged higher by ↑1.85% to close the week at $5.50 per pound.
#1 Copper Bare Bright’s prices on the Scrap Monster Price Index increased by $0.10 per pound as of Thursday, January 15, 2026, a weekly increase of ↑1.71%. #1 Copper Wire & Tubing inched higher by $0.10 per pound, registering a jump by ↑1.74% from the prior week. #2 Copper Wire and Tubing prices had recorded an increase by ↑1.77% as at the end of the week.
Market Highlights
North America Aluminum Scrap Prices: Over the previous week, only E.C. Aluminum Wire recorded positive variation in prices. The prices of the commodity edged higher modestly by 0.70% to close the week at $1.43 per Lb on the Scrap Monster Price Index. 6063 Extrusions ended the week at $1.04 per pound, recording no variation from the prior week. Old Cast prices held steady during the week at $0.92 per pound. Also, UBC prices reported no fluctuation over the previous week's prices.
Charts




The table below provides weekly price fluctuations in E.C. Aluminum Wire, 6063 Extrusions, Old Cast and UBC.
Category | Price Change ($) | % Change |
0.01 | +0.70% | |
0 | Nil | |
0 | Nil | |
0 | Nil |
Access our Daily Scrap Metal Price Report Hub
Track real-time prices via our US Scrap Price Index
The price of E.C. Aluminum Wire on the Scrap Monster Price Index recorded a jump of 0.70% as of Thursday, January 15, 2026. 6063 Extrusions remained flat at $1.07 per pound, compared with the previous week. Old Cast prices were flat during the week. Additionally, UBC prices held stedy on a week-on-week basis.
Aluminum scrap prices recorded increase over the past week. E.C. Aluminum Wire ended the week at $1.43 per Lb, up by $0.01 per Lb during the course of the week, while 6063 Extrusions held steady on Index. Old Cast prices reported no variation week-on-week. Also, UBC prices were flat at $0.91 per pound at the close of the week.
The price of E.C. Aluminum Wire on the Scrap Monster Price Index recorded an increase of 0.70% as of Thursday, January 15, 2026. 6063 Extrusions were unchanged upon comparison with the prior week. By the end of the week, the price of Old Cast witnessed no variation. Also, UBC prices recorded no fluctuation week-on-week.
Market Highlights
North America Brass/Bronze Scrap Prices: Over the previous week, there was a jump in brass/bronze scrap prices. Yellow Brass’s prices increased by 0.90% to close at $3.36 per Lb . Red Brass closed at $3.51 per pound, rising by 0.86% during the week.
Charts


The table below provides weekly price fluctuations in Yellow Brass and Red Brass.
Category | Price Change ($) | % Change |
0.03 | +0.86% | |
0.03 | +0.90% |
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Track real-time prices via our US Scrap Price Index
The price of Red Brass on the Scrap Monster Price Index recorded an increase of 0.86% as of Thursday, January 15, 2025. Yellow Brass prices also jumped higher on the Index, to close at $3.36 per Lb.
By the conclusion of the week ended January 15, 2026, the price of Red Brass had recorded a jump of 0.88% from $3.42 per Lb. Additionally, Yellow Brass prices edged higher by 0.93% week-on-week.
Red Brass went higher by $0.03 per pound, witnessing a jump of ↑0.83% from the prior week. By the end of the week, the price of Yellow Brass had increased by 1.18% to close the week at $3.44 per Lb.
Market Highlights
North America Lead Scrap Prices: Lead scrap prices stayed flat throughout the week, reflecting stable market conditions. Scrap Auto Battery prices also remained unchanged, closing the week at $0.24 per pound with no movement.
Chart

The table below provides weekly price fluctuations in Scrap Auto Batteries.
Category | Price Change ($) | % Change |
0 | Nil |
Access our Daily Scrap Metal Price Report Hub
Track real-time prices via our US Scrap Price Index
The price of Scrap Auto Batteries on the Scrap Monster Price Index held steady as of Thursday, January 15, 2026.
By the conclusion of the week ended January 15, 2026, the price of Scrap Auto Batteries maintained previous week’s price level.
The prices of Scrap Auto Batteries recorded no change on the Scrap Monster Price Index as of Thursday, January 15, 2026.
Market Highlights
North America Zinc Scrap Prices: Zinc scrap prices edged higher upon comparison with the previous week's prices. New Zinc Die Cast prices were up by 1.22%. Also, Old Zinc Die Cast prices posted a jump of 1.45% during the week.
Charts


The table below provides weekly price fluctuations in New Zinc Die Cast and Old Zinc Die Cast.
Category | Price Change ($) | % Change |
0.01 | +1.22% | |
0.01 | +1.45% |
Access our Daily Scrap Metal Price Report Hub
Track real-time prices via our US Scrap Price Index
The price of New Zinc Die Cast on the Scrap Monster Price Index recorded a jump by 1.22% as of Thursday, January 15, 2025. Also, Old Zinc Die Cast prices were up by 1.45% over the previous week.
By the conclusion of the week ended January 15, 2026, the prices of New Zinc Die Cast and Old Zinc Die Cast recorded increase from the previous week’s price levels.
The prices of New Zinc Die Cast witnessed week-over-week jump of 1.22% on the Scrap Monster Price Index as of Thursday, January 15, 2026. Similarly, the Old Zinc Die Cast prices closed at $0.70 per Lb, higher by 1.45% week-over-week.
Market Drivers
Finished Steel Price Movements – Scrap buying appetite is closely tied to finished steel prices. When rebar, HRC, and other steel products face pricing pressure, mills tend to resist scrap price increases to protect margins.
Obsolete and Demolition Scrap Generation – Levels of construction, demolition, and infrastructure tear-down activity directly affect the supply of obsolete scrap, influencing availability and regional price stability.
Mill Inventory Management Strategies – Mills’ scrap stock levels and purchasing discipline play a critical role. Adequate inventories often result in cautious buying, while low stocks can trigger short-term price support.
Macroeconomic and Construction Activity Trends – Broader economic conditions, including interest rates and construction spending, influence steel consumption and indirectly shape scrap demand.
Market Highlights
North America Steel Scrap Prices: Steel scrap prices showed upward movement over the past week, indicating a recovery in market environment. #1 HMS jumped by 5.97% over the previous week's prices, while Shredded Auto Scrap prices edged higher by 3.90%. HMS 80/20 prices inched up by 3.70% to close the week at $280 per metric ton, and #1 Busheling prices increased by $10 per metric ton.
Charts




The table below provides weekly price fluctuations in #1 HMS, Shredded Auto Scrap, HMS 80/20, and #1 Busheling.
Category | Price Change ($) | % Change |
20 | +5.97% | |
15 | +3.90% | |
10 | +3.70% | |
10 | +2.53% |
Access our Daily Scrap Metal Price Report Hub
Track real-time prices via our US Scrap Price Index
The price of #1 HMS on the Scrap Monster Price Index reported an increase of $20 per metric ton as of Thursday, January 15, 2026. Shredded Auto Scrap prices were up by $15 per metric ton on the Index upon comparison with the prior week. By the end of the week, the price of HMS 80/20 had recorded 3.70% jump. #1 Busheling prices also were up by 2.53% over the previous week.
#1 HMS prices witnessed a jump of 5.97% on the Scrap Monster Price Index. Shredded Auto Scrap closed the week at $400 per MT, recording an increase of $15 per MT from the beginning of the week. The HMS 80/20 prices were up by 3.70%. Also, the price of # Busheling increased by 2.53% week-on-week.
#1 HMS’s price on the Scrap Monster Price Index was up by 5.97% as of Thursday, January 15, 2026. Shredded Auto Scrap witnessed a jump of 3.90%, closing the at $400 per MT. By the end of the week, the price of HMS 80/20 had increased by 3.70%. #1 Busheling prices also edged higher by 2.53% over the previous week.
China Flat
Market Highlights
North America Stainless Steel Scrap Prices: Over the previous week, stainless steel scrap prices declined on the Scrap Monster Price Index. 304 SS Solid scrap prices recorded dip on a week-on-week basis, edging lower from $0.68 per pound to $0.67 per pound.
Chart

The table below provides weekly price fluctuations in 304 SS Solid scrap.
Category | Price Change ($) | % Change |
0.01 | ↓1.47% |
Access our Daily Scrap Metal Price Report Hub
Track real-time prices via our US Scrap Price Index
The price of 304 SS Solid on the Scrap Monster Price Index recorded a decline of ↓1.47% as of Thursday, January 15, 2026.
304 SS Solid prices registered a marginal dip on the Scrap Monster Price Index. The price of the commodity fell by $0.01 per Lb to end the week at $0.67 per Lb.
The price of 304 SS Solid on the Scrap Monster Price Index recorded a downward movement, dropping by $0.01 per Lb to $0.67 per pound during the week ended Thursday, January 15, 2026.
China ↑5.56%
See all Stainless steel daily reports → | Stainless Steel Price Index → | Related Stainless steel news →
Weekly Market Drivers
Steel: ↑4.03%
“Ferrous scrap markets this week have reflected a cautious buying stance from mills amid uneven downstream demand and variable export interest, with recent deep-sea CFR Turkey deals underscoring how international freight and regional price spreads continue to shape trade flows.” — Market observers tracking weekly ferrous scrap deal activity.
Market Outlook
In the near to medium term, ferrous scrap prices are expected to remain largely range-bound, with mild pressure driven by cautious mill buying, seasonal demand softness, and cost-related constraints. Export demand, infrastructure activity, and stronger interest in premium scrap grades may provide selective support as market conditions gradually improve.
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Q: What factors are driving copper scrap price increases this week?
A: Improved market sentiment supported broad increases in copper scrap prices across North America. Specifically, #1 Copper Bare Bright rose by 1.72%, #1 Copper Wire and Tubing increased 1.75%, and #2 Copper Wire and Tubing edged higher by 1.79% during the week of January 9-15, 2026.
A: Steel scrap prices showed upward movement indicating a recovery in market environment. #1 HMS jumped by 5.97%, Shredded Auto Scrap prices edged higher by 3.90%, HMS 80/20 prices increased by 3.70%, and #1 Busheling prices increased by 2.53%. The recovery was driven by better mill demand and improved market conditions.
A: Aluminum and lead scrap markets remained largely stable. Aluminum scrap prices were generally flat with only E.C. Aluminum Wire recording a modest 0.70% increase. Lead scrap prices stayed completely flat throughout the week, with Scrap Auto Battery prices unchanged, reflecting stable market conditions.
A: Despite short-term price support from exports, infrastructure activity, and premium-grade demand, ferrous scrap markets are expected to remain largely range-bound in the near to medium term. Ongoing mill buying caution, seasonal softness, and cost pressures are expected to keep the market pressured with mild downward or sideways pressure.
A: International markets showed mixed trends. In China, copper scrap prices rose by 1.09%, while aluminum declined by 1.25% and steel remained flat. Indian markets were generally stronger, with copper up 2.50%, aluminum up 1.95%, and brass/bronze up 1.48%. Chinese stainless steel showed robust gains of 5.56%, contrasting with North American declines of 1.47%.
Scrap prices showed mixed movement, with gains in copper, brass, zinc, and steel, while aluminum and lead were mostly flat and stainless steel declined.
Copper scrap led the market, supported by improved sentiment and week-on-week price increases across major grades.
Stable supply-demand conditions and limited buying activity kept aluminum scrap prices mostly flat, with only marginal upside.
For up-to-date data, use tools like the Scrap Monster Price Index and the US Scrap Price Index, then review daily and weekly reports in the Scrap Monster portal to monitor trends, percentage moves, and grade-specific performance.
Combining index data with structured weekly commentary helps scrap yards, traders, and generators refine their buying and selling strategies.