Copper Scrap Prices Surge Up to CNY 3,000 per Metric Ton

Copper scrap prices rose significantly on August 18, 2026, according to the latest daily scrap metal price report from ScrapMonster. The gains were broad-based, with #1 Copper Bare Bright and #1 Copper Wire and Tubing each surging by CNY 1,500 per metric ton, and #2 Copper Wire and Tubing also rising by CNY 1,500 per metric ton.

#1 Insulated Copper Wire with 85% recovery climbed CNY 750 per metric ton, while #2 Insulated Copper Wire (50% recovery) increased by CNY 250 per metric ton. Copper Transformer scrap and Cu Yokes prices edged higher by CNY 50 per metric ton, and Cu/Al Radiator scrap jumped CNY 250 per metric ton.

On the other hand, aluminum and steel scrap prices remained unchanged. 6063 Extrusions, Aluminum Radiators, Aluminum Transformers, and E.C. Aluminum Wire showed no price movement, as did Old Cast and Old Sheet prices, UBC, and Zorba 90% INF.