Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel Scrap (WPU1012) from Jan 1947 to Jan 2025 about iron, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

Iron and steel scrap prices in the United State stood at around 325 U.S. dollars per metric ton in 2024. The majority of domestic steel industry scrap consumption is from manufacturers of raw steel, and steel castings. These raw materials are used to produce steel products that are used for appliances, construction, machinery, and transportation, among various other industry uses. Only small amounts of steel scrap were used for the production of ferroalloys, copper precipitation, and the chemical industry. Recycling scrap Recycled iron and steel scrap materials have been essential for the production of new steel and cast iron products. Vehicles are one of the largest sources of old steel scrap used for recycling and nearly 100 percent of cars are recycled for their scrap material. It is expected that the recycling rate for scrap materials from appliances and construction purposes should rise, especially as public interest for recycling grows and profitability increases.

United States - Producer Price Index by Commodity: Metals and Metal Products: Shredded Carbon Steel Scrap was 267.88000 Index Jun 1996=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Shredded Carbon Steel Scrap reached a record high of 375.23600 in April of 2022 and a record low of 56.10000 in November of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Shredded Carbon Steel Scrap - last updated from the United States Federal Reserve on March of 2025.

In the fourth quarter of 2023, the price of the iron scrap in the United States reached 335 USD/MT by December. Similarly, in China, the iron scrap prices hit 411 USD/MT in the same month.

The annual producer price index of aluminum scrap in the United States averaged 251.6 in 2023, with 1982 used as the base year (1982 = 100). This represented a year-over-year decrease of 11 percent. The previous year had seen the highest figure recorded since the turn of the century.

The annual producer price index of nonferrous scrap in the United States averaged 452.6 in 2023, with 1982 used as the base year (1982 = 100). This represented a 13.2 decrease in comparison to 2021, which saw a record-high price index, at 521.6.

United States - Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel Scrap was 601.79000 Index 1982=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel Scrap reached a record high of 859.24200 in April of 2022 and a record low of 33.30000 in July of 1949. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel Scrap - last updated from the United States Federal Reserve on March of 2025.

United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap Bundles was 287.43400 Index Jun 1996=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap Bundles reached a record high of 522.80000 in July of 2008 and a record low of 54.80000 in November of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap Bundles - last updated from the United States Federal Reserve on March of 2025.

United States - Producer Price Index by Commodity: Metals and Metal Products: No. 2 Copper Scrap, Including Wire was 929.98800 Index Dec 1986=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: No. 2 Copper Scrap, Including Wire reached a record high of 1036.99300 in May of 2024 and a record low of 100.00000 in December of 1986. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: No. 2 Copper Scrap, Including Wire - last updated from the United States Federal Reserve on March of 2025.

South Korea ImPI: CC: MI: BM: Scrap Metal data was reported at 191.720 2015=100 in Mar 2024. This records a decrease from the previous number of 195.120 2015=100 for Feb 2024. South Korea ImPI: CC: MI: BM: Scrap Metal data is updated monthly, averaging 51.590 2015=100 from Jan 1971 (Median) to Mar 2024, with 639 observations. The data reached an all-time high of 256.520 2015=100 in Apr 2022 and a record low of 14.160 2015=100 in Mar 1972. South Korea ImPI: CC: MI: BM: Scrap Metal data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s South Korea – Table KR.I115: Import Price Index (Contractual Currency Basis): 2015=100.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Nonferrous Scrap (WPU1023) from Jan 1947 to Feb 2025 about nonferrous metals, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

This statistic shows the U.S. Bureau of Labor Statistics' producer price index for iron and steel scrap in the United States from 1990 to 2010. In 2001, the index was 120, compared to 100 in 1982, which was used as the base year.

In the second half of 2023, the price of copper scrap in the United States reached 6027 USD/MT. It encompasses an in-depth review of spot price of copper scrap at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of copper scrap price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The price of aluminum scrap in the USA reached 1786 USD/MT by December of 2023, the fourth quarter. Similarly, China's market prices stood at 2823 USD/MT in December. In Q4 of 2023, aluminum scrap price trends in Germany also reached 1669 USD/MT.

Steel decreased 101 Yuan/MT or 3.05% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Steel - values, historical data, forecasts and news - updated on March of 2025.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap (WPS101211) from Jan 1997 to Feb 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

About This Dataset: Copper Prices and Market Trends

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    #### **Live Market Data and Updates**
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    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.

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Copper increased 1.13 USd/LB or 28.38% since the beginning of 2025, 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 March of 2025.

United States - Producer Price Index by Commodity: Metals and Metal Products: Cast Iron Scrap was 330.72200 Index Jun 1996=100 in March of 2022, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Cast Iron Scrap reached a record high of 330.72200 in March of 2022 and a record low of 112.00000 in June of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Cast Iron Scrap - last updated from the United States Federal Reserve on March of 2025.

United States - Producer Price Index by Commodity: Metals and Metal Products: Cast Iron Scrap was 424.80300 Index Dec 1986=100 in March of 2022, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Cast Iron Scrap reached a record high of 424.80300 in March of 2022 and a record low of 99.30000 in January of 1987. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Cast Iron Scrap - last updated from the United States Federal Reserve on March of 2025.