Scrap Metal Prices: Weekly Market Report- July 24-30, 2026
Weekly Metal Price Report | 2026-07-31 12:25:30
This report reviews the latest developments in the North American scrap metal market by analyzing price changes across major scrap categories during the week of July 24–30, 2026.
By MONTREAL (Scrap Monster): This report reviews the latest developments in the North American scrap metal market by analyzing price changes across major scrap categories during the week of July 24–30, 2026. Using data from the Scrap Monster Price Index, it highlights weekly pricing trends, evaluates shifts in market dynamics, and explores the key factors driving price movements and influencing overall market sentiment.
KEY TAKEAWAYS
- Copper scrap prices showed varied movements over the week, as gains were recorded across several key grades. In contrast, a few categories remained unchanged from the previous week on the Scrap Monster Price Index.
- Aluminum scrap prices also showed mixed performance during the previous week. Although the majority of grades recorded increases, a few categories held steady on the Index.
- Brass scrap prices recorded modest week-over-week gains, supported by steady trading activity and stable underlying market conditions. The gradual increase reflected resilient demand and continued stability across the North American brass scrap market.
- Steel scrap prices remained stable throughout the week, supported by steady demand from steel mills and an adequate supply of scrap across the market.
- Stainless steel scrap prices recorded a decline during the week.
Copper scrap prices posted moderate gains over the week, with several major grades moving higher. Sealed Units and Starters recorded the strongest performance, each climbing ↑8.70% from the previous week, while Scrap Electric Motors followed closely with a week-on-week increase of ↑8.33%.
Aluminum scrap prices also showed a modest upward trend on the Scrap Monster Price Index, with most of the listed grades edging higher week over week. All scrap varieties, except Al/Cu Radiators, Al/Cu Radiators/Fe, Aluminum Radiators, Aluminum Radiators/Fe and Aluminum Transformers, recorded price jumps on the Index.
Brass and bronze scrap prices continued to rise during the week, with most benchmark grades on the Scrap Monster Price Index recording modest week-over-week gains. The continued price appreciation built on the strength seen in the previous reporting period, indicating resilient demand and steady market conditions across the North American brass and bronze scrap market.
Lead scrap prices posted strong week-over-week gains, with all major grades advancing across key North American regional markets. The broad-based increase reflected firm buying activity and strengthening market conditions during the reporting period.
Zinc scrap prices remained stable throughout the week, with the major benchmark grades on the Scrap Monster Price Index showing no week-over-week movement across key North American markets. Both New Zinc Die Cast and Old Zinc Die Cast held at their previous levels, reflecting balanced market conditions and relatively subdued trading activity during the week.
Meanwhile, global steel scrap benchmark prices remained flat during the week, signaling balanced market fundamentals as ample supply continued to satisfy prevailing demand.
In the meantime, stainless steel scrap prices registered a slight decline on the Index during the week under review.
For full market breakdowns, visit the Daily Scrap Metal Price Report Hub or track real-time prices via the US Scrap Price Index.
NON-FERROUS SCRAP
Market Drivers
Primary Metal Prices (LME/COMEX)
Movements in primary metal prices directly influence scrap valuations. Rising copper, aluminum, lead, nickel, and zinc prices generally lift scrap prices, while declines reduce buying interest.International Trade and Export Demand
Export demand, particularly from major importing countries, can tighten domestic supplies and support prices. Changes in tariffs, trade policies, and freight costs also influence market dynamics.Manufacturing and Industrial Activity
Demand from construction, automotive, electrical equipment, aerospace, and machinery sectors affects scrap consumption. Higher industrial output generally boosts non-ferrous scrap demand.Inventory Levels
Stock levels held by processors, dealers, consumers, and exchanges affect purchasing behavior. Low inventories often encourage aggressive buying, whereas ample stocks can limit price gains.Seasonal Factors
Weather conditions and seasonal collection patterns influence scrap generation and logistics. Winter weather, holidays, or maintenance shutdowns may reduce supply and affect pricing.Macroeconomic and Currency Trends
Economic growth, interest rates, inflation, and exchange-rate movements shape industrial metal demand and investment sentiment, indirectly impacting non-ferrous scrap prices.
These are the most commonly cited drivers in weekly North American and global non-ferrous scrap market reports and are applicable across copper, aluminum, brass, bronze, lead, nickel, stainless steel, and zinc scrap markets.
COPPER SCRAP PRICES
- COMEX Copper Futures closed at USD 6.5008 per pound as of July 30, 2026, modestly higher by around 14¢ (↑2.25%) over the prior week.
- According to the London Metal Exchange, LME Copper 3-month contract's closing price stood at $13,803.00 per tonne.
Market Highlights
North America Copper Scrap Prices: Copper scrap prices continued to move higher during the week, extending the gains recorded in the previous reporting period. Among the major grades, #2 Copper Wire and Tubing posted the largest week-over-week increase at ↑2.15%, followed by #1 Copper Wire and Tubing, which advanced ↑2.12%, and #1 Copper Bare Bright, up ↑2.08%. The widespread price appreciation reflected healthy underlying demand and reinforced the positive outlook prevailing in the North American copper scrap market.
Charts
The table below outlines the week-on-week price movements for #1 Copper Bare Bright, #1 Copper Wire and Tubing, and #2 Copper Wire and Tubing.
| Category | Price Change ($) | % Change |
| #1 Copper Bare Bright | 0.13 | +2.08% |
| #1 Copper Wire and Tubing | 0.13 | +2.12% |
| #2 Copper Wire and Tubing | 0.13 | +2.15% |
Access our Daily Scrap Metal Price Report Hub
Track real-time prices via our US Scrap Price Index
USA East Coast Copper Scrap Prices
According to the Scrap Monster Price Index, copper scrap prices continued to trend higher during the week ended July 30, 2026. #1 Copper Bare Bright advanced by $0.13 per pound, representing a ↑2.08% week-over-week increase. #1 Copper Wire & Tubing also gained $0.13 per pound, up ↑2.12% from the previous week. Meanwhile, #2 Copper Wire and Tubing recorded the strongest performance among the three benchmark grades, climbing $0.13 per pound or ↑2.15% week over week, underscoring sustained strength in the North American copper scrap market.
USA Midwest Copper Scrap Prices
Copper scrap prices maintained their upward momentum during the week ended July 30, 2026, with leading grades registering modest gains on the Scrap Monster Price Index. #1 Copper Bare Bright and #1 Copper Wire & Tubing each increased by $0.13 per pound, reflecting week-over-week gains of ↑2.15% and ↑2.18%, respectively. #2 Copper Wire and Tubing also advanced by $0.13 per pound, posting the strongest weekly increase among the benchmark grades at ↑2.22%.
USA West Coast Copper Scrap Prices
Data from the Scrap Monster Price Index indicated that benchmark copper scrap grades continued to post weekly gains as of July 30, 2026. #1 Copper Bare Bright increased by $0.13 per pound, reflecting a ↑2.05% rise from the previous week. #1 Copper Wire & Tubing also advanced $0.13 per pound, registering a ↑2.08% week-over-week gain. Meanwhile, #2 Copper Wire and Tubing recorded the strongest performance among the three benchmark grades, climbing $0.13 per pound for a ↑2.12% weekly increase, extending the positive momentum in the North American copper scrap market.
International Comparison
China Copper Scrap Prices
- The majority of the key copper scrap categories posted modest declines on the Scrap Monster Price Index.
- #2 Copper Wire and Tubing emerged as the biggest loser during the week, witnessing a dip of ↓1.10% from the previous week. It was closely followed by #1 Copper Wire and Tubing, which registered a ↓1.09% week-on-week fall.
India Copper Scrap Prices
- All copper scrap categories recorded a week-over-week increase on the Scrap Monster Price Index.
- The commodity to report the biggest jump in prices was Copper sheet cutting, whose prices were up by INR 2,000 per Ton(↑0.23%).
ALUMINUM SCRAP PRICES
- COMEX Aluminum Futures closed at USD 3,194.00 per metric ton as of July 30, 2026, modestly higher when compared with the previous week's closing price of USD 3,165.05 per metric ton.
- LME Aluminum 3-month contract closed at $3,195.50 per tonne, according to the London Metal Exchange.
Market Highlights
North America Aluminum Scrap Prices: Over the past week, E.C. Aluminum Wire saw a notable uptick in prices, climbing by ↑1.40% to finish higher on the Scrap Monster Price Index compared with the previous week. 6063 Extrusions also closed the week in positive territory, rising ↑0.98% week-on-week, while Old Cast experienced a healthy gain of ↑1.12%. UBC prices followed the upward trend, recording a ↑1.11% increase over the same period.
Charts
The table below provides weekly price fluctuations in E.C. Aluminum Wire, 6063 Extrusions, Old Cast and UBC.
Category | Price Change ($) | % Change |
0.02 | +1.40% | |
0.01 | +0.98% | |
0.01 | +1.12% | |
0.01 | +1.11% |
Access our Daily Scrap Metal Price Report Hub
Track real-time prices via our US Scrap Price Index
USA East Coast Aluminum Scrap Prices
The price of E.C. Aluminum Wire on the Scrap Monster Price Index recorded a jump of ↑1.40% as of Thursday, July 30, 2026. 6063 Extrusions edged higher by ↑0.98% compared with the previous week. Old Cast prices increased from the previous week's closing price, edging higher by ↑1.12% during the week, while UBC prices also increased by ↑1.11% on a week-on-week basis.
USA Midwest Aluminum Scrap Prices
Aluminum scrap prices showed gains over the past week. E.C. Aluminum Wire rose by $0.02 per pound, while 6063 Extrusions climbed ↑0.98%. Old Cast advanced ↑1.16% week-on-week, and UBC prices increased by ↑1.14% during the same period.
USA West Coast Aluminum Scrap Prices
The price of E.C. Aluminum Wire on the Scrap Monster Price Index recorded an increase of ↑1.40% as of Thursday, July 30, 2026. 6063 Extrusions were up by ↑0.98%, upon comparison with the prior week. By the end of the week, the price of Old Cast increased by $0.01 per Lb. Also, UBC prices recorded a week-on-week jump by ↑1.10%.
International Comparison
China Aluminum Scrap Prices
- All aluminum scrap categories recorded a modest increase from the previous week's prices on the Scrap Monster Price Index.
- Old Cast and Old Sheet posted the biggest jumps, both rising by CNY 250 per MT (↑1.20%).
India Aluminum Scrap Prices
- All aluminum scrap categories recorded declines on the Scrap Monster Price Index.
- Aluminum utensil scrap and aluminum ingot prices moved lower during the week, with both showing a dip of INR 5,000 per ton from the previous reporting period.
- On a week-on-week basis, Aluminum utensil scrap registered the sharpest fall among the tracked grades, registering a decline of ↓1.48%.
BRASS/BRONZE SCRAP PRICES
Market Highlights
North America Brass/Bronze Scrap Prices: Brass and bronze scrap prices extended their gains during the week, with benchmark grades on the Scrap Monster Price Index posting modest increases. Yellow Brass advanced ↑0.85% week over week, while Red Brass rose ↑0.82%, highlighting sustained buying interest and continued resilience in the North American brass scrap market.
Charts
The table below provides weekly price fluctuations in Yellow Brass and Red Brass.
Category | Price Change ($) | % Change |
0.03 | +0.82% | |
0.03 | +0.85% |
Access our Daily Scrap Metal Price Report Hub
Track real-time prices via our US Scrap Price Index
USA East Coast Brass/Bronze Scrap Prices
According to theScrap Monster Price Index, Red Brass prices rose ↑0.82% as of July 30, 2026, while Yellow Brass posted a slightly stronger ↑0.85% week-on-week gain, highlighting sustained strength in the brass and bronze scrap market.
USA Midwest Brass/Bronze Scrap Prices
Brass and bronze scrap prices ended the week on a firmer note, with benchmark grades on the Scrap Monster Price Index extending their gains. By July 30, 2026, Red Brass had risen ↑0.83% from the previous week, while Yellow Brass posted a stronger ↑0.88% week-over-week increase, reflecting sustained demand and positive pricing momentum across the North American brass and bronze scrap market.
USA West Coast Brass/Bronze Scrap Prices
Red Brass prices increased by $0.03 per pound, marking a ↑0.79% increase from the previous week. Meanwhile, Yellow Brass prices also moved higher, gaining ↑0.81% on the Scrap Monster Price Index by week’s end.
International Comparison
China Brass/Bronze Scrap Prices
- All brass/bronze scrap categories recorded a slight decline on the Scrap Monster Price Index.
- Both Red Brass and Yellow Brass prices were down by CNY 100 per MT.
India Brass/Bronze Scrap Prices
- All brass/bronze scrap categories edged higher on the Scrap Monster Price Index.
- The top gainer was Brass Cuttings, whose prices edged higher by INR 2,000 per Ton (↑0.48%)
LEAD SCRAP PRICES
- COMEX Lead Futures recorded a slight increase of USD 4.60 per Ton (↑0.24%) over the prior week to close at USD 1,899.73 per Ton as of July 30, 2026.
- The closing price of LME Lead 3-month contract was $1,895.50 per metric tonne, as per London Metal Exchange data.
Market Highlights
North America Lead Scrap Prices: Lead scrap prices recorded sharp gains during the week, with all major grades posting significant week-over-week increases. The rally was supported by tight supplies of spent lead-acid batteries, which constrained scrap availability, while steady procurement by battery recyclers kept demand robust. Scrap Auto Batteries emerged as the top performer, climbing ↑15.38% from the previous week.
Chart
The table below provides weekly price fluctuations in Scrap Auto Batteries.
Category | Price Change ($) | % Change |
0.04 | +15.38% |
Access our Daily Scrap Metal Price Report Hub
Track real-time prices via our US Scrap Price Index
USA East Coast Lead Scrap Prices
Scrap Auto Batteries prices on the Scrap Monster Price Index edged higher by $0.04 per Lb as of Thursday, July 30, 2026, reflecting significantly tightened raw material availability for secondary lead producers.
USA Midwest Lead Scrap Prices
Scrap Auto Batteries prices recorded a substantial week-on-week jump of ↑15.38% during the week ended July 30, 2026, recording an increase of $0.04 per Lb over the previous week's prices.
USA West Coast Lead Scrap Prices
The prices of Scrap Auto Batteries recorded a notable jump of $0.04 per Lb (↑15.38%) on the Scrap Monster Price Index as of Thursday, July 23, 2026.
International Comparison
China Lead Scrap Prices
- Soft Lead and #2 Lead scrap prices held steady on the Scrap Monster Price Index.
- Also, Auto Battery prices recorded no variation from the prior week's prices.
India Lead Scrap Prices
- The prices of all lead scrap categories in the region inched lower over the previous week on the Scrap Monster Price Index.
ZINC SCRAP PRICES
- COMEX Zinc Futures closed at USD 3,617.50 per metric ton as of July 30, 2026, recording a modest increase of USD 27.85 per metric ton (↑0.78%).
- LME Zinc 3-month contract's closing price on the London Metal Exchange: $3,622.00 per tonne
Market Highlights
North America Zinc Scrap Prices: Zinc scrap prices remained stable during the week, with all benchmark grades on the Scrap Monster Price Index holding unchanged from the previous reporting period. Both New Zinc Die Cast and Old Zinc Die Cast recorded no week-over-week price movement, reflecting balanced market fundamentals, adequate supply-demand conditions, and subdued trading activity across the North American zinc scrap market.
Charts
The table below provides weekly price fluctuations in New Zinc Die Cast and Old Zinc Die Cast.
Category | Price Change ($) | % Change |
0 | Nil | |
0 | Nil |
Access our Daily Scrap Metal Price Report Hub
Track real-time prices via our US Scrap Price Index
USA East Coast Zinc Scrap Prices
The price of New Zinc Die Cast on the Scrap Monster Price Index recorded no variation as of Thursday, July 30, 2026. Also, Old Zinc Die Cast prices were flat over the previous week.
USA Midwest Zinc Scrap Prices
The zinc scrap market remained stable over the reporting week, with New Zinc Die Cast and Old Zinc Die Cast prices showing no week-on-week movement as of July 30, 2026.
USA West Coast Zinc Scrap Prices
The zinc scrap market remained steady during the week ended July 30, 2026, with New Zinc Die Cast and Old Zinc Die Cast prices unchanged from the previous week on the Scrap Monster Price Index.
International Comparison
- Shred zinc scrap prices recorded a jump of CNY 50 per MT on the Scrap Monster Price Index. The commodity's price was up by ↑0.29% from the previous week's price during the week ended July 30, 2026.
- Tin Slab prices held steady week-over-week on the Scrap Monster Price Index.
- Zinc slab prices witnessed an increase of ↑0.78% over the previous week
FERROUS SCRAP
Market Drivers
Mill Purchasing Activity
Steel mill buying programs will remain the primary determinant of ferrous scrap prices. Any increase in mill procurement ahead of production cycles could support higher scrap values.Steel Production Rates
Operating rates at electric arc furnace (EAF) mills will continue to influence scrap demand. Higher steel output is likely to boost scrap consumption, while production cuts may soften buying interest.Scrap Generation and Collection
The availability of obsolete and industrial scrap remains a key factor. Seasonal fluctuations, demolition activity, and manufacturing scrap generation will determine overall supply levels.Export Demand
Overseas demand, particularly from major importers such as Türkiye, India, and Southeast Asia, could tighten domestic scrap availability and lend support to North American prices.- Finished Steel Market Trends
Prices and order books for finished steel products will influence mill margins and raw material purchasing strategies. Strong steel demand generally translates into firmer scrap buying. - Inventory Levels Across the Supply Chain
Stock positions at scrap processors, dealers, and steel mills will shape procurement activity. Low inventories may trigger increased buying, while comfortable stocks could keep prices range-bound. - Macroeconomic and Manufacturing Outlook
Industrial activity, construction demand, automotive production, and infrastructure spending will remain important drivers of ferrous scrap consumption over the coming weeks. Any improvement in manufacturing sentiment could provide additional price support.
The above factors are the most likely to shape the North American ferrous scrap market over the near to medium term, particularly in an environment where prices are currently stable, and market participants are awaiting clearer demand signals.
STEEL SCRAP PRICES
Market Highlights
The closing prices of various LME 2-month steel contracts on the London Metal Exchange as of July 30, 2026 are provided below:
Steel Scrap CFR Turkey (Platts) - $380.50 per tonne
Steel Rebar FOB Turkey (Platts) - $576.00 per tonne
Steel Scrap CFR India (Platts) - $370.20 per tonne
North America Steel Scrap Prices: Steel scrap prices remained unchanged during the week, with all major grades on the Index holding at their previous week's levels. #1 HMS, HMS 80/20, Shredded Auto Scrap, and #1 Busheling all recorded no week-over-week price movement.
According to the American Iron and Steel Institute (AISI), U.S. raw steel production totalled 1.858 million NT during the week ended July 25, 2026. This is ↑1.50% week-on-week and ↑4.90% year-on-year.
The capability utilization rate stood at 80.50% (compared to 79.30% in the week ending July 18, 2026).
Region-wise production - Northeast-132,000 NT, Great Lakes-500,000 NT, Midwest-317,000 NT, Southern-848,000 NT, Western-61,000 NT
Charts
The table below provides weekly price variations in #1 HMS, Shredded Auto Scrap, HMS 80/20, and #1 Busheling.
Category | Price Change ($) | % Change |
0 | Nil | |
0 | Nil | |
0 | Nil | |
0 | Nil |
Access our Daily Scrap Metal Price Report Hub
Track real-time prices via our US Scrap Price Index
USA East Coast Steel Scrap Prices
According to the Scrap Monster Price Index, ferrous scrap prices remained unchanged during the week ended July 30, 2026, with all major benchmark grades holding steady. #1 HMS, Shredded Auto Scrap, HMS 80/20, and #1 Busheling were all unchanged from the previous week, indicating a stable pricing environment across the North American steel scrap market.
USA Midwest Steel Scrap Prices
#1 HMS prices held steady on the Scrap Monster Price Index during the week. Meanwhile, Shredded Auto Scrap, HMS 80/20, and #1 Busheling all witnessed no variation from the previous week's prices.
USA West Coast Steel Scrap Prices
Ferrous scrap prices remained unchanged during the week ended July 30, 2026, with all major benchmark grades on the Scrap Monster Price Index holding steady from the previous week. #1 HMS, Shredded Auto Scrap, HMS 80/20, and #1 Busheling all traded at unchanged levels throughout the reporting period.
International Comparison
China Flat
China Steel Scrap Prices
- All the steel scrap categories held steady on the Scrap Monster Price Index.
- #1 HMS and Cast Iron Scrap prices remained flat upon comparison with the previous week's prices.
STAINLESS STEEL SCRAP PRICES
Market Highlights
North America Stainless Steel Scrap Prices: Over the previous week, stainless steel scrap prices reported a decline on the Scrap Monster Price Index. 304 SS Solid scrap prices were down by $0.01 per Lb (↓1.52%) towards the end of the week.
Chart
The table below provides weekly price fluctuations in 304 SS Solid scrap.
Category | Price Change ($) | % Change |
0.01 | -1.52% |
Access our Daily Scrap Metal Price Report Hub
Track real-time prices via our US Scrap Price Index
USA East Coast Stainless Steel Scrap Prices
The price of 304 SS Solid on the Scrap Monster Price Index recorded a decline of ↓1.52% as of Thursday, July 30, 2026.
USA Midwest Stainless Steel Scrap Prices
304 SS Solid prices witnessed a dip of $0.01 per Lb on the Scrap Monster Price Index. The price of the commodity recorded a week-over-week decline of ↓1.52% during the week.
USA West Coast Stainless Steel Scrap Prices
The price of 304 SS Solid on the Scrap Monster Price Index dropped slightly over the previous week. The prices were down by ↓1.43% during the week ended Thursday, July 30, 2026.
International Comparison
China Flat
China Stainless Steel Scrap Prices
- Shred SS, 201 SS, 304 SS Solid, and 304 SS Turning prices held steady on the Scrap Monster Price Index.
- In contrast, 309 SS, 316 SS Solid, and 310 SS prices recorded small declines on the Index during the week ended July 30, 2026.
See all Stainless steel daily reports → | Stainless Steel Price Index → | Related Stainless steel news →
Weekly Market Drivers
- U.S. Steel Mill Production- U.S. Weekly Raw Steel Output Rises 4.9%, Says AISI
- AISI on Excess Steel Capacity- AISI Says China Report on 'So Called Excess Capacity' Fundamentally Flawed
- Global Steel Output- worldsteel: Global Crude Steel Output Rises 1.7% in June 2026
- Steel Standards- Mexico Enforces New Steel Standards for Safer Construction
- Company Earnings- Algoma Steel Q2 Revenue Falls as EAF Ramp-Up Continues / Nucor Q2 Profit Rises on Record Steel Shipments
- Steel Plant Modernization- Gary Common Council Calls For US Steel Plant Modernization
- Imports/Exports- U.S. Finished Steel Imports Fall in June, Says AISI
- Site Accident- Industrial accident at Alton Steel claims life of Pennsylvania man
- Steel Quota- New steel quotas will weaken competition in the United Kingdom
Global Comparison & Policy Impact
USA vs. China/India
Expert Quote:
"Steel mill purchasing remains disciplined, with buying closely aligned to production requirements rather than inventory building."— Lee Allen, Strategic Markets Editor, Scrap, at Fastmarkets.
Market Outlook
Prices Likely to Remain Range-Bound
Ferrous scrap prices are expected to trade within a narrow range over the near term as buyers and sellers await stronger demand signals. Any price movement is likely to be gradual rather than abrupt.Steel Mill Demand to Dictate Market Direction
Procurement activity by electric arc furnace (EAF) steel mills will remain the key market driver. Higher mill operating rates could support prices, while cautious purchasing may keep the market stable.Seasonal Tightening in Scrap Supply
Scrap generation may ease in the coming weeks due to seasonal factors and lower collection activity, potentially tightening supply and providing modest support to prices.- Export Markets to Influence Domestic Availability
Demand from overseas buyers, particularly in Türkiye and Asia, will continue to affect domestic scrap flows. Strong export bookings could reduce available supply in North America. - Finished Steel Market Performance
Trends in finished steel prices and order books will influence raw material purchasing. Improved steel demand would likely translate into stronger ferrous scrap consumption. - Moderately Bullish Bias Over the Medium Term
While the near-term market is expected to remain stable, limited scrap availability, resilient steel production, and steady industrial demand could provide modest upward support to ferrous scrap prices over the medium term.
WATCHLIST FOR UPCOMING WEEK
U.S
- Mon: Construction Spending SA M/M.
- Wed: ADP Employment Change, S&P Final U.S. Services PMI, ISM Services Business Activity.
- Thu: Productivity SAAR Q/Q Preliminary.
- Fri: US Employment Situation / Nonfarm Payrolls, Unemployment Rate & Hourly Earnings Preliminary.
Europe (EU & UK)
- Tue: Germany Retail Sales (Jun), Euro Area, France, & Germany Final Manufacturing PMI (Jul).
- Wed: Euro Area Final Composite & Services PMI (Jul).
- Thu: Euro Area Retail Sales (Jun).
Asia & Oceania
- Mon: Australia Manufacturing PMI (Jul).
- Tue: China Caixin Services PMI (Jul), Japan Services PMI (Jul), India Manufacturing PMI (Jul), Hong Kong Retail Sales (Jun) & Manufacturing PMI (Jul), Philippines Consumer Price Index (Jul).
- Wed: India Reserve Bank of India (RBI) Interest Rate Decision, Australia Trade Balance, Exports, & Imports (Jun).
- Thu: Philippines Q2 GDP Growth Rate.
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POLL
Which scrap metal posted the strongest performance during the week ended July 30, 2026?
Frequently Asked Questions
- Which scrap metal recorded the biggest weekly price gain?
Lead scrap led the market, with Scrap Auto Batteries surging 15.38% week over week due to tight raw material availability and firm recycler demand.
- Which scrap categories remained unchanged?
Steel and zinc scrap prices were largely unchanged, with benchmark grades holding steady throughout the reporting week.
- Why did stainless steel scrap prices decline?
Stainless steel scrap softened during the week, with 304 SS Solid falling 1.52% on the Scrap Monster Price Index.
- What is the near-term outlook for the ferrous scrap market?
Ferrous scrap prices are expected to remain range-bound, with steel mill demand, export activity, and scrap supply likely to determine future price direction.
- How can I track scrap metal prices in real time?
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.
