Copper

Learn more about copper and view copper price charts

Copper is one of the most commonly used of the base metals, and when in high demand, copper is a reliable indicator of our economic health. But its importance isn’t confined to electrical wires and thermal conductors.

Copper also plays a vital role in the rise of renewable energies and the production of electric vehicles, helping us transition to a low-carbon economy.

Our team of experts provides global and local data-driven insights, prices, forecasts and market news to help you make sense of the forces influencing the copper market. Our expert analysis provides critical insights to help you predict future trends for win-win outcomes in your contract negotiations.
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Inform your base metals strategy with metals price forecasts and analysis for the global base metals industry

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    • Copper scrap mixed yellow brass turnings, borings, dealer buying price, delivered to yard US, US cents/lb
    • Copper scrap No2 heavy copper & wire, dealer buying price, delivered to yard US, US cents/lb
    • Copper scrap red brass solids, dealer buying price, delivered to yard US, US cents/lb
    • Copper scrap red brass turnings, borings, dealer buying price, delivered to yard US, US cents/lb
    • Copper scrap yellow brass solids, dealer buying price, delivered to yard US, US cents/lb

    Market-reflective copper price data spanning the copper supply chain, from copper concentrates and copper wire to copper scrap

    Find out how we assess and forecast prices for the global metals market

    Featured report

    What’s ahead in the copper market? 

    As copper prices reach record highs and analysts warn of ‘unsustainable deficits’, we explore the key trends shaping the copper market:

    • How copper demand growth is being spurred by the energy transition
    • Copper production forecasts and the struggle to keep up with demand
    • Copper recycling and predictions for the future
    • Data on forecast copper deficit
    • The emerging challenges for copper smelters
    • Whether current copper trends can be sustained

    Acess the full report here

    What’s happening in the copper market?

    A new incentive program for companies with large investments in Argentina might unlock the country’s mining potential in the medium term, market participants recently told Fastmarkets

    Hefty copper concentrate costs amid a sustained supply deficit are expected to cause most global copper smelters to run below costs from 2025 onwards, sources told Fastmarkets at the sidelines of LME Asia Week 2024 in Hong Kong on Thursday June 27

    Tightness in raw material supply has driven Fastmarkets’ copper and zinc treatment charges (TCs) to all-time lows, while lead concentrate TCs have hit intra-year lows. Fastmarkets looks at the common themes driving the downward movements

    Copper demand remains weak in China and Europe, with some European sources noting liquidity heading to the US while others note the market is slightly less quiet than the previous month and American sources agree that the market appears to be stabilizing from previous highs

    China’s exports of refined copper rose to an eight-year high in May, with exports expected to stay elevated through June, sources told Fastmarkets in the week to Friday June 21

    Saudi Arabia, through its spearheading of a mining and minerals production and consumption push in the Middle East, a region usually associated with oil and gas, is leading neighboring countries to increase their presence in the base metals markets

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