Cebu is the Visayas trading hub, and unlike Metro Manila it has steel capacity in the province rather than an island away. SteelAsia operates at Compostela and at Carcar, the first modern rebar rolling mill in the Visayas, which gives ferrous collected here a shorter route than most Philippine scrap.
Scrap metal prices per kg in Cebu City
| Scrap type | Price (PHP) | Change | Global reference |
|---|---|---|---|
| Non-ferrous (per kg) | |||
| Copper Scrap | ₱686 / kg | ▲ +2.30% | $5.78 / lb |
| Aluminum Scrap | ₱96 / kg | ▲ +1.25% | $0.81 / lb |
| Brass Scrap | ₱416 / kg | ▲ +1.45% | $3.50 / lb |
| Stainless Steel Scrap | ₱68 / kg | ▲ +0.00% | $0.57 / lb |
| Lead Scrap | ₱70 / kg | ▲ +0.00% | $0.59 / lb |
| Zinc Scrap | ₱107 / kg | ▲ +0.00% | $0.90 / lb |
| Battery Scrap | ₱27 / kg | ▲ +0.00% | $0.23 / lb |
| Radiator Scrap | ₱394 / kg | ▲ +2.15% | $3.32 / lb |
| Wire Scrap | ₱331 / kg | ▲ +2.20% | $2.79 / lb |
| Cable Scrap | ₱221 / kg | ▲ +2.20% | $1.86 / lb |
| Electronic Scrap | ₱95 / kg | ▲ +2.56% | $0.80 / lb |
| Ferrous and bulk (per tonne) | |||
| Steel Scrap | ₱17,812 / tonne | ▲ +0.00% | $300 / ton |
| Iron Scrap | ₱15,675 / tonne | ▲ +0.00% | $264 / ton |
| Car Scrap | ₱21,375 / tonne | ▲ +0.00% | $360 / ton |
| Cast Iron | ₱17,100 / tonne | ▲ +0.00% | $288 / ton |
Indicative dealer prices for clean, sorted scrap in Philippines, shown here for Cebu City. Individual yards quote around this level by grade, volume and condition; the derivation from exchange benchmarks and the exchange rate (1 USD = 62.63 PHP) is described in the methodology section below.
Cebu City scrap price chart (PHP)
Daily open, high, low and close for the most traded scrap metals in PHP, the same series Cebu City yards price against. Scroll to zoom and drag to move along the timeline.
Price history could not be loaded.
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The scrap market in Cebu City
Cebu is where material from across the Visayas is consolidated, and it has something Metro Manila does not: rolling capacity in the same province. SteelAsia runs Compostela Works in Compostela and Carcar Works at Carcar City, the latter described as the first modern rebar rolling mill in the Visayas Island Group. Scrap collected in Cebu therefore has a plausible destination measured in tens of kilometres rather than an inter-island shipment.
The city itself is a port and a commercial centre rather than an industrial one, so the material entering the chain is mixed: household metal, commercial refit, marine and port-adjacent scrap, and construction offcuts from a long-running building boom. Junk shops buy by weight as they do everywhere in the country, and consolidators aggregate upward toward the provincial mills or toward export.
- Region
- Central Visayas
- Currency
- Philippine peso (PHP), quoted per kilogram
- Provincial mills
- SteelAsia Compostela Works and Carcar Works, Cebu province
- Note
- Carcar is described by the operator as the first modern rebar rolling mill in the Visayas
Where the scrap yards are in Cebu City
- Junk shops across the city, buying household and commercial material by weight.
- Consolidators in the port and industrial areas, handling commercial and marine volume.
- Compostela and Carcar in the province, where SteelAsia's Visayas rolling capacity sits.
What pays well in Cebu City
- Construction and demolition ferrous, which has provincial rolling capacity to move toward.
- Marine and port-adjacent scrap, where volume justifies dealing above shop level.
- Separated copper and brass from commercial refit, which hold value through every layer.
Selling scrap metal in Cebu City: rules, ID and payment
No scrap dealer licence exists in the Philippines, so the usual checks apply: business permit on display, price agreed per kilo before weighing, metals separated in advance. For volume, ask whether a buyer moves material to the provincial mills or ships it out, because the two have different economics and it is a fair question to ask.
Before any sale, check the live board above, sort by grade and get quotes from two or three buyers; the best scrap price guide covers the routine and the calculator turns a weight into a figure at today's price. To judge whether a local quote is competitive, our note on telling a well-paying yard from a headline rate sets out the benchmark test.
Cebu City scrap price FAQ
What is the scrap copper price in Cebu City today?
As of the latest update, the indicative price for clean number 1 copper is about ₱686 per kg in PHP. Cebu City yards typically quote within a few percent of that figure either side, depending on grade, volume and the buyer; the live board above shows all fifteen grades.
Are there steel mills near Cebu City?
In the province rather than the city. SteelAsia operates Compostela Works at Compostela and Carcar Works at Carcar City, the latter described as the first modern rebar rolling mill in the Visayas Island Group. That gives Cebu ferrous a shorter route than scrap collected on most other islands.
Why does Cebu matter for the Visayas scrap trade?
It is the region's port and commercial centre, so material from across the Visayas is consolidated here before moving to the provincial mills or to export. That consolidation role, rather than local industry, is what makes it the regional price setter.
What sells well in Cebu?
Construction and demolition ferrous, which has provincial rolling capacity nearby, and marine or port-adjacent material where volume justifies dealing above junk shop level. Separated non-ferrous holds value here as anywhere.
Are Cebu City prices different from the national board?
The board on this page is the Philippines indicative level, and Cebu City yards trade around it rather than exactly on it. Local competition, freight to the nearest consumer and the day's export demand set the spread, which is why two quotes in the same city can differ by several percent on the same morning.
Sources and methodology
The Cebu City board uses the Philippines indicative prices: global exchange benchmarks (COMEX copper, CME aluminum and steel, NYMEX platinum and palladium, IMF monthly lead, zinc and nickel) multiplied by typical yard recovery shares, a local market factor of 0.86 and the day's exchange rate. The full method, the recovery shares and the correction policy are on our editorial policy page; local notes on this page are reviewed against published dealer information and reader corrections sent to info@scrappricetoday.com.
Prices are indicative and for information only; they are not offers to buy or sell. Yard quotes in Cebu City vary by grade, volume, condition and buyer.
Nearby and related
Scrap metal prices in Philippines · All countries · Catalytic converter prices