Copper Prices HOLD as China Bets Big — What’s Next for Scrap in Fall 2025?
💰 This Week's Scrap Metal Market Highlights 💰
Read the report: https://iscrapapp.com/blog/weekly-scr...
As we move toward Labor Day weekend, copper continues to command attention in the scrap metal market. Despite the typical late-summer slowdown in trading, copper prices are showing stability—and for scrappers, that’s great news.
♻️ Copper Highlights:
→ Prices remain near two-week highs, driven by supply concerns and strong Chinese demand
→ Reuters reports copper markets are holding steady, with mine disruptions in South America supporting prices
→ Bare Bright at ~$4.20–$4.30/lb, #1 Tubing ~$3.95–$4.10/lb, #2 Copper ~$3.60–$3.80/lb
→ Easing tariff concerns and a solid global demand outlook keep the market strong for sellers
♻️ Non-Ferrous Metals:
→ Aluminum remains mostly stable despite softer summer demand
→ Long-term signs look bullish with new U.S. manufacturing projects ramping up
→ Aluminum Sheet ~$0.45–$0.52/lb, Cast ~$0.38–$0.44/lb, Extruded ~$0.75–$0.82/lb
♻️ Ferrous Metals:
→ Steel prices stay depressed but steady
→ No major movement expected as domestic mills remain busy
→ Light Iron ~$150–$175/ton, HMS ~$210–$240/ton
♻️ Catalytic Converters:
→ Prices level off after July bump, with Rhodium showing early signs of rebound
→ Platinum stable; future growth possible if auto production increases in late 2026
→ RRCats still quoting 6 days a week with 10-day price locks
♻️ Other Metals:
→ Carbide near all-time highs thanks to machining and oil/gas demand
→ Rare Earth pricing holds steady, supported by solid manufacturing activity
→ Oil market watchers predict crude may drop under $50/barrel next year—potentially affecting scrap logistics and pricing
Whether you're holding copper, aluminum, or converters, this week’s report signals growing confidence in the scrap economy. With global forces aligning in favorable ways, now may be the time to plan your next move.
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