As of June 20, 2024, copper futures contracts to be settled in July 2029 were trading on U.S. markets at around *** U.S. dollars per pound. This is higher than the price of **** U.S. dollars per pound for contracts to be settled in January 2024, indicating that copper traders expect the price of copper to fluctuate. Copper futures are contracts that effectively lock in a price for an amount of copper to be purchased at a time in the future, which can then be traded on markets. Futures markets therefore provide an indicator of how investors think a commodities market will develop in the future.

Copper rose to 5.19 USD/Lbs on December 2, 2025, up 0.35% from the previous day. Over the past month, Copper's price has risen 3.22%, and is up 25.36% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Copper - values, historical data, forecasts and news - updated on December of 2025.

Learn about the benefits of trading scrap copper futures, including how they can help manage exposure to copper price movements, hedge against rising prices, and profit from price predictions. Find out how these futures contracts are traded on commodity exchanges and the factors that influence the price of copper futures.

Access Market Research Intellect's Copper Scrap Market Report for insights on a market worth USD 45.3 billion in 2024, expanding to USD 67.8 billion by 2033, driven by a CAGR of 5.8%.Learn about growth opportunities, disruptive technologies, and leading market participants.

This statistic depicts the average annual prices for copper from 2014 through 2026*. In 2024, the average price for copper stood at 9,142 nominal U.S. dollars per metric ton.

About This Dataset: Copper Prices and Market Trends

    This dataset provides **insights into copper prices**, including current rates, historical trends, and key factors affecting price fluctuations. Copper is essential in **construction**, **electronics**, and **transportation** industries. Investors, traders, and analysts use accurate copper price data to guide decisions related to **trading**, **futures**, and **commodity investments**.

    ### **Key Features of the Dataset**

    #### **Live Market Data and Updates**
    Stay updated with the latest **copper price per pound** in USD. This data is sourced from exchanges like the **London Metal Exchange (LME)** and **COMEX**. Price fluctuations result from **global supply-demand shifts**, currency changes, and geopolitical factors.

    #### **Interactive Copper Price Charts**
    Explore **dynamic charts** showcasing real-time and historical price movements. These compare copper with **gold**, **silver**, and **aluminium**, offering insights into **market trends** and inter-metal correlations.

    ### **Factors Driving Copper Prices**

    #### **1. Supply and Demand Dynamics**
    Global copper supply is driven by mining activities in regions like **Peru**, **China**, and the **United States**. Disruptions in production or policy changes can cause **supply shocks**. On the demand side, **industrial growth** in countries like **India** and **China** sustains demand for copper.

    #### **2. Economic and Industry Trends**
    Copper prices often reflect **economic trends**. The push for **renewable energy** and **electric vehicles** has boosted long-term demand. Conversely, economic downturns and **inflation** can reduce demand, lowering prices.

    #### **3. Impact of Currency and Trade Policies**
    As a globally traded commodity, copper prices are influenced by **currency fluctuations** and **tariff policies**. A strong **US dollar** typically suppresses copper prices by increasing costs for international buyers. Trade tensions can also disrupt **commodity markets**.

    ### **Applications and Benefits**

    This dataset supports **commodity investors**, **traders**, and **industry professionals**:

    - **Investors** forecast price trends and manage **investment risks**. 
    - **Analysts** perform **market research** using price data to assess **copper futures**. 
    - **Manufacturers** optimize supply chains and **cost forecasts**.

    Explore more about copper investments on **Money Metals**:

    - [**Buy Copper Products**](https://www.moneymetals.com/buy/copper) 
    - [**95% Copper Pennies (Pre-1983)**](https://www.moneymetals.com/pre-1983-95-percent-copper-pennies/4) 
    - [**Copper Buffalo Rounds**](https://www.moneymetals.com/copper-buffalo-round-1-avdp-oz-999-pure-copper/297)

    ### **Copper Price Comparisons with Other Metals**

    Copper prices often correlate with those of **industrial** and **precious metals**:

    - **Gold** and **silver** are sensitive to **inflation** and currency shifts. 
    - **Iron ore** and **aluminium** reflect changes in **global demand** within construction and manufacturing sectors.

    These correlations help traders develop **hedging strategies** and **investment models**.

    ### **Data Variables and Availability**

    Key metrics include:

    - **Copper Price Per Pound:** The current market price in USD. 
    - **Copper Futures Price:** Data from **COMEX** futures contracts. 
    - **Historical Price Trends:** Long-term movements, updated regularly. 

    Data is available in **CSV** and **JSON** formats, enabling integration with analytical tools and platforms.

    ### **Conclusion**

    Copper price data is crucial for **monitoring global commodity markets**. From **mining** to **investment strategies**, copper impacts industries worldwide. Reliable data supports **risk management**, **planning**, and **economic forecasting**.

    For more tools and data, visit the **Money Metals** [Copper Prices Page](https://www.moneymetals.com/copper-prices).

The global Copper Scrap Recycling market is poised for significant expansion, projected to reach approximately USD 65,000 million by the end of 2025. This robust growth is underpinned by a compelling Compound Annual Growth Rate (CAGR) of around 5.5% during the forecast period of 2025-2033. A primary driver for this surge is the ever-increasing demand for copper across burgeoning sectors such as the transportation industry, propelled by the electric vehicle revolution and the need for efficient wiring and components. Similarly, the construction industry's persistent need for copper in infrastructure development and building materials, coupled with the electronics industry's insatiable appetite for copper in a wide array of devices, further fuels this demand. The inherent environmental benefits of recycling copper, including reduced energy consumption and minimized mining impact, are also becoming increasingly critical considerations for industries and governments alike, making it a sustainable and economically viable alternative to primary copper production. Further strengthening the market trajectory are key trends like the adoption of advanced sorting and processing technologies, which enhance the purity and recovery rates of recycled copper, thereby increasing its attractiveness for various applications. The growing emphasis on circular economy principles and stringent waste management regulations worldwide are also pushing industries towards greater reliance on secondary copper sources. While the market demonstrates immense potential, it faces certain restraints. Fluctuations in the global price of virgin copper, geopolitical instability affecting supply chains, and the presence of informal recycling networks can pose challenges. However, the overwhelming economic and environmental advantages, coupled with ongoing technological innovations, are expected to largely outweigh these constraints, ensuring a sustained upward trend in the copper scrap recycling market. The market is diversified across various copper forms, with Copper Ingot and Copper Flat Rolled Products being significant types, catering to a broad spectrum of industrial needs. This report provides an in-depth analysis of the global Copper Scrap Recycling market, offering critical insights and forecasts for stakeholders. Spanning a study period from 2019 to 2033, with a base year of 2025, the report meticulously examines historical trends (2019-2024) and projects future market dynamics through the forecast period (2025-2033). The estimated market size for 2025 is projected to be in the hundreds of million units, with significant growth anticipated.

Discover the booming recycled copper market! This in-depth analysis reveals a $4.319B (2025) market with a 5.9% CAGR, driven by sustainable practices and construction growth. Learn about key players, regional trends, and future projections for recycled copper in building & construction, electronics, and more.

Snapshot img

Scrap Metal Recycling Market Size 2025-2029

The scrap metal recycling market size is valued to increase by USD 20.39 billion, at a CAGR of 4.5% from 2024 to 2029. Environmental and sustainability pressures will drive the scrap metal recycling market.

Market Insights

APAC dominated the market and accounted for a 48% growth during the 2025-2029.
By Material - Ferrous metals segment was valued at USD 53.42 billion in 2023
By Application - Construction segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 40.99 million 
Market Future Opportunities 2024: USD 20394.40 million
CAGR from 2024 to 2029 : 4.5%

Market Summary

The market is a dynamic and evolving industry that plays a crucial role in the global economy and sustainability efforts. With increasing environmental consciousness and the depletion of natural resources, the demand for scrap metal recycling has gained significant momentum. One of the primary drivers of this market is the growing emphasis on circular economy principles, which prioritize the reuse and recycling of resources to reduce waste and minimize the extraction of primary raw materials. Advanced sorting technologies and AI-driven recycling processes are revolutionizing the scrap metal recycling industry, enabling higher recovery rates and improved product quality. However, challenges persist, including contamination and quality issues that can impact the market's efficiency and profitability. For instance, a scrap metal processing plant may face operational inefficiencies due to the presence of non-metallic materials in the incoming scrap. To mitigate this issue, the plant may invest in advanced sorting systems or collaborate with suppliers to ensure a cleaner feedstock. In conclusion, the market is shaped by various factors, including environmental pressures, technological advancements, and operational challenges. Companies in this industry must stay informed and adapt to these trends to remain competitive and sustainable in the long run.

What will be the size of the Scrap Metal Recycling Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free SampleThe market continues to evolve, driven by the increasing demand for secondary raw materials and sustainability initiatives. According to recent studies, non-ferrous metal recovery, such as aluminum and copper production, accounted for over 60% of the global scrap metal market in 2020. Precious metal recovery, including gold and silver, represents a smaller but significant segment, with growing importance due to their high value and limited natural resources. Operators in this industry face numerous challenges, including regulatory compliance, budgeting, and product strategy. For instance, ensuring recycling standards are met and obtaining environmental permits are crucial for maintaining a legal and sustainable business. Equipment maintenance and transportation optimization are also essential for supply chain efficiency and processing capacity. Moreover, the scrap metal collection network and recycling infrastructure play a pivotal role in the industry's success. Industrial waste and electronic waste recycling are becoming increasingly important, as companies seek to minimize their environmental footprint and recover valuable materials. Sustainability initiatives, such as recycling standards and process monitoring, are key differentiators for businesses in this competitive landscape. In the realm of ferrous metal recovery, steel production relies heavily on scrap metal as a secondary raw material. Quality assurance and inventory management are critical for maintaining a consistent product and ensuring customer satisfaction. Scrap metal logistics and transportation optimization are also crucial for ensuring a steady supply of raw materials and minimizing processing time. In summary, the market is a dynamic and evolving industry, driven by the demand for secondary raw materials and sustainability initiatives. Operators must navigate regulatory compliance, budgeting, and product strategy while maintaining a focus on quality, efficiency, and sustainability.

Unpacking the Scrap Metal Recycling Market Landscape

In the dynamic the market, businesses prioritize scrap metal processing for optimal resource management and waste reduction. Advanced alloy identification techniques, such as spectroscopy analysis and XRF analysis, ensure accurate metal sorting and efficient material characterization. The adoption of data analytics and AI-powered sorting systems has led to a significant increase in process optimization, resulting in improved quality control and higher ROI.

Metal pricing volatility necessitates continuous market monitoring and process optimization. Non-ferrous scrap processing plants leverage various metal separation techniques,

Aluminum fell to 2,884.05 USD/T on December 2, 2025, down 0.29% from the previous day. Over the past month, Aluminum's price has fallen 0.99%, but it is still 10.42% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum - values, historical data, forecasts and news - updated on December of 2025.

Discover the booming scrap metal recycling market! This comprehensive analysis reveals an 8.15% CAGR, key drivers, industry trends, regional breakdowns (North America, Europe, Asia-Pacific, etc.), leading companies, and future growth projections (2025-2033). Learn about ferrous vs. non-ferrous metals and the competitive landscape.

Green Copper Smelting Market Outlook

The global Green Copper Smelting market size reached USD 3.65 billion in 2024, according to our latest research, and is projected to grow at a robust CAGR of 8.1% through the forecast period, reaching approximately USD 7.24 billion by 2033. The market's expansion is primarily driven by increasing environmental regulations, a global push for decarbonization, and the urgent demand for sustainable metal extraction technologies. The adoption of advanced green smelting technologies is transforming the copper industry, enabling significant reductions in greenhouse gas emissions and energy consumption while supporting the circular economy.

One of the key growth factors propelling the Green Copper Smelting market is the increasing stringency of environmental regulations worldwide. Governments and regulatory bodies are imposing stricter emission norms and waste management protocols on the mining and metallurgical sectors. This has accelerated the adoption of eco-friendly smelting technologies such as hydrometallurgical and bioleaching processes, which offer lower emissions and reduced environmental footprints compared to traditional pyrometallurgical methods. Furthermore, the growing societal awareness regarding the environmental impact of mining operations is compelling companies to invest in greener technologies, thereby fostering market growth.

Another significant driver is the global transition towards renewable energy and electric mobility, which is intensifying the demand for copper—a critical material in electrical infrastructure, batteries, and electric vehicles. However, the conventional copper smelting process is energy-intensive and environmentally detrimental. The integration of green smelting technologies enables the industry to meet the rising copper demand while aligning with sustainability goals. The adoption of circular economy principles, including the recycling and reprocessing of scrap copper, further enhances the market's growth prospects by reducing reliance on virgin ore extraction and minimizing waste.

Technological advancements and ongoing research and development initiatives are also shaping the future of the Green Copper Smelting market. Innovations such as solvent extraction-electrowinning (SX-EW), advanced bioleaching techniques, and digital process optimization are enhancing operational efficiency, yield, and environmental performance. These advancements are making green smelting solutions increasingly cost-competitive, encouraging both large-scale mining corporations and small recyclers to transition towards sustainable practices. The availability of government incentives and funding for green technology adoption is further supporting this trend, ensuring a positive outlook for the market over the next decade.

Copper concentrate plays a crucial role in the copper smelting process, serving as the primary raw material for producing refined copper. As the industry shifts towards greener practices, the handling and processing of copper concentrate are undergoing significant changes. Innovations in transportation and storage methods are minimizing environmental risks, while advanced processing technologies are enhancing the efficiency of copper extraction from concentrates. The focus on reducing impurities and optimizing the concentrate's quality is crucial for achieving higher yields and lower emissions during smelting. This transformation is essential for meeting the growing demand for sustainable copper products in various industries, including electronics, construction, and transportation.

Regionally, Asia Pacific dominates the Green Copper Smelting market, accounting for the largest share in 2024, driven by rapid industrialization, substantial investments in sustainable infrastructure, and the presence of major copper-consuming economies such as China, India, and Japan. North America and Europe are also witnessing significant growth, fueled by progressive environmental policies, technological innovations, and the increasing emphasis on recycling and resource efficiency. Meanwhile, Latin America and the Middle East & Africa are emerging as high-potential markets due to their abundant copper reserves and growing focus on sustainable mining practices. This regional diversity underscores the global nature of the market's growth drivers and opportunities.

Discover the booming market for dry copper rice machines! This in-depth analysis reveals a $1815.9 million market in 2025, projected for strong growth (estimated 5-7% CAGR) driven by recycling, automotive, and electronics industries. Explore key players, regional trends, and future market forecasts.

The global wet type copper wire granulator market is experiencing robust growth, with a market size of $1795.1 million in 2025. While the exact Compound Annual Growth Rate (CAGR) isn't provided, considering the increasing demand for efficient copper recycling and the rising adoption of environmentally friendly technologies in the metal processing industry, a conservative estimate of the CAGR for the forecast period (2025-2033) would be between 5% and 7%. This growth is driven by several factors. Stringent environmental regulations globally are pushing industries to adopt sustainable recycling methods, leading to increased demand for efficient and effective copper wire granulators. Furthermore, the rising cost of raw copper and the growing awareness of the circular economy are fueling the adoption of these machines for extracting valuable materials from scrap copper wire. Technological advancements, including improved granulation techniques and automation, are also contributing to this market expansion. The increased efficiency and reduced operating costs associated with newer wet type granulators make them attractive for both large-scale recycling facilities and smaller businesses. The market is segmented based on granulator capacity, automation level, and end-user industries. Major players like Henan Staurk Machinery Co., Ltd, Henan Byredo Environmental Protection Technology Co., Ltd, and others are actively contributing to market growth through product innovation and strategic partnerships. However, the market faces some restraints. High initial investment costs for advanced wet type granulators can be a barrier to entry for smaller businesses. Fluctuations in copper prices and the availability of scrap copper wire can also impact market dynamics. Nevertheless, the long-term outlook for the wet type copper wire granulator market remains positive, with continued growth expected over the next decade driven by the increasing need for sustainable copper recycling and resource efficiency. This in-depth report provides a comprehensive analysis of the global wet type copper wire granulator market, projecting a market value exceeding $2.5 billion by 2030. The report delves into market dynamics, competitive landscape, technological advancements, and future growth prospects, providing valuable insights for industry stakeholders, investors, and researchers. This report leverages extensive primary and secondary research, offering actionable intelligence on this rapidly evolving sector.

The Copper Melting Furnace market plays a pivotal role in the metallurgy industry, particularly in the extraction and processing of copper from ores, scrap metals, and alloys. This equipment is essential for various industrial applications, including electrical wiring, plumbing, and roofing industries, as melted cop

The global copper wire recycling machine market is experiencing robust growth, driven by increasing demand for recycled copper and stringent environmental regulations aimed at reducing electronic waste. The market, valued at approximately $11 million in 2025, is projected to exhibit a significant Compound Annual Growth Rate (CAGR). While the exact CAGR is unavailable, considering the increasing focus on sustainable practices and the rising prices of virgin copper, a conservative estimate of 8% CAGR for the forecast period (2025-2033) is reasonable. This growth is fueled by several factors, including the rising adoption of advanced recycling technologies offering higher efficiency and purity, expanding electronics manufacturing and subsequent waste generation, and government incentives promoting resource recovery. Key players like ELDAN, Bronneberg, and Guidetti Recycling Systems are driving innovation, offering a range of machines catering to different scales of operation, from small-scale scrap processors to large industrial facilities. However, challenges remain, including the fluctuating prices of recycled copper, the need for specialized expertise in operating the machines, and the initial investment costs associated with adopting these technologies. The market segmentation is likely diverse, encompassing machine types (e.g., shredders, granulators, separators), processing capacity, and end-user industries (e.g., electronics recycling, scrap metal processing). Regional variations are also expected, with developed economies potentially exhibiting higher adoption rates due to stricter environmental regulations and greater awareness of sustainable practices. The forecast period will likely see increased market consolidation as larger players acquire smaller companies and further technological advancements leading to more efficient and cost-effective recycling solutions. Continued innovation, focusing on improving automation, enhancing processing efficiency, and reducing operational costs, will be vital for the market's future expansion. This growth trajectory points towards a significant expansion of the copper wire recycling machine market in the coming years, driven by a convergence of economic and environmental factors.

Discover the booming old wire and cable recycling market! Learn about its $15 billion valuation, 7% CAGR, key drivers, regional trends, and leading companies. Explore market segmentation, challenges, and future growth projections in this comprehensive analysis.

Lead rose to 2,003.78 USD/T on December 2, 2025, up 0.11% from the previous day. Over the past month, Lead's price has fallen 1.32%, and is down 3.99% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lead - values, historical data, forecasts and news - updated on December of 2025.