Copper is one of the most valuable and widely recycled metals in the world. From electrical wiring and plumbing to industrial machinery and electronics, copper plays a critical role in many sectors. Because of its high demand and recyclability, copper scrap price is a key factor for both sellers and buyers in the recycling industry.
What is Copper Scrap?
Copper scrap refers to discarded copper materials that can be recycled and reused. It comes in several forms:
Bare Bright Copper (purest and most valuable)
No. 1 Copper (clean, unalloyed copper wire or pipe)
No. 2 Copper (includes corrosion or soldered pieces)
Insulated Copper Wire (ICW)
Copper Radiators (from HVAC units and vehicles)
Each type has a different market value based on purity, cleanliness, and demand.
Current Copper Scrap Price Trends (2025)
As of mid-2025, copper scrap prices are influenced by:
Global demand for copper in construction, electric vehicles, and renewable energy.
Economic conditions and inflation.
Supply chain dynamics, including mining output and transportation costs.
Metal exchange rates, such as those from the London Metal Exchange (LME).
Prices fluctuate daily, but here is a rough idea of average prices per pound:
Bare Bright Copper: $3.90 – $4.30/lb
No. 1 Copper: $3.60 – $4.00/lb
No. 2 Copper: $3.20 – $3.60/lb
Insulated Copper Wire: $1.20 – $2.80/lb (depending on insulation)
Factors That Affect Copper Scrap Price
Purity & Grade: Clean, pure copper fetches a higher price.
Market Demand: Higher demand in manufacturing leads to higher prices.
Copper Futures: Prices on the commodity markets can forecast changes.
Location: Local scrap yard prices may vary due to transport, taxes, or processing capabilities.
Quantity: Bulk copper often gets better pricing.
Where to Check Daily Copper Scrap Prices
Local scrap yards or recycling centers
Online scrap price platforms like iScrapApp, ScrapMonster, and Metalary
Commodity exchanges such as the London Metal Exchange (LME)
Industrial metal dealers and recyclers
Tips for Getting the Best Copper Scrap Price
Sort your copper by type before selling (e.g., Bare Bright vs. Insulated).
Remove non-metal materials like rubber or plastic insulation.
Check multiple buyers to compare offers.
Monitor market trends to sell when prices rise.
Establish relationships with local dealers for repeat business perks.
Final Thoughts
The copper scrap price is an essential piece of information for scrappers, recyclers, and businesses dealing in metal waste. With the growing focus on sustainability and resource conservation, recycling copper not only helps the environment but also offers solid financial returns. Stay informed, watch the market, and always get quotes from trusted dealers to ensure you're maximizing the value of your copper scrap.
