Scrap Metal Prices Today

Indicative reference prices for 33 metals including ferrous scrap, copper, aluminium, precious metals, and specialty materials. Updated daily.

Last updated: November 12, 2026

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Scrap Metal Prices by Country

Browse indicative scrap metal prices and market overviews for key trading nations around the world.

Frequently Asked Questions

How often are metal prices updated?

Live and derived prices update once a day, from a job that runs at 06:00 UTC. Indicative reference levels do not change daily; each page shows when its level was set. All figures are indicative: verify with a dealer or exchange for a binding price.

Are these live market prices?

Fifteen metals (base metals such as copper, aluminium and nickel, plus iron ore, cobalt, lithium, molybdenum and the precious metals) show market prices fetched once a day from MetalpriceAPI, with Metals.dev as a fallback. Seven scrap and stainless grades are derived from those prices by a formula printed on each page. Eleven others are indicative reference levels, not live quotes, because no free live source exists for them. None of them is a live trading price: for that, consult the relevant exchange or a licensed dealer.

What is the difference between scrap and primary metal prices?

Primary (virgin) metal is refined to a standard purity and commands a benchmark price (e.g. LME copper cathode). Scrap prices are quoted at a discount to the primary benchmark, reflecting the cost of processing, sorting, and refining the recycled material.

How do I buy or sell metals on MetalsPlace?

Register a free account and post a listing on our Metals Board. You can list metals as 'Available' (for sale) or 'Wanted' (seeking to buy). Interested parties contact you directly through our in-platform inquiry system.

What currency are prices quoted in?

All prices are quoted in USD unless otherwise noted. Most international metal trades are denominated in USD. Currency fluctuations relative to USD can be a significant factor in the price a seller ultimately receives in their local currency.

Can I use MetalsPlace prices for contract negotiations?

Our prices are for reference only and should not be used as the sole basis for contract pricing. For commercial contracts, we recommend using official benchmark prices from recognised exchanges (LME, COMEX, LBMA) or price reporting agencies (Platts, Fastmarkets, Metal Bulletin).

Indicative prices only. All prices on this page are indicative and updated daily. They are intended as a general reference for market trends and should not be used as the basis for trading decisions. Actual transaction prices vary based on grade, quantity, location, and market conditions. MetalsPlace is not a price reporting agency.