Market Status: Updated Today Last Updated: Indicative

Copper scrap in Spain is worth €3.30 to €11.81 per kg today, depending on grade. Bare Bright Copper sits at the top of the board and communication wire at the bottom, a spread of about 3.6 times. Prices are quoted in EUR per kg and move daily with the exchange settlement.

Copper prices by grade in Spain

Yards grade copper by cleanliness, coating and gauge. The spread from the top grade to the bottom runs 25 to 35 percent, so identifying what you hold matters more than the day you sell.

Grades

€11.81/ kg
▲ +1.30%
Clean, uncoated, unalloyed wire of 16 gauge or heavier
Number 1 Copper Berry, Candy
€11.30/ kg
▲ +1.36%
Clean pipe, bus bar and heavy wire, free of solder and paint
Number 2 Copper Birch, Cliff
€10.40/ kg
▲ +1.29%
Solder joints, paint, oxidation or thin wire; still 94 to 96 percent copper
Light Copper Dream
€8.37/ kg
▲ +1.38%
Sheet, roofing, gutters and flashing
€10.16/ kg
▲ +1.33%
Copper with a tin coating; cannot reach bare bright
€6.99/ kg
▲ +1.38%
Copper with steel attached, priced for the separation

Insulated wire

THHN Wire Druid
€5.07/ kg
▲ +1.14%
Building wire at about 75 percent copper recovery
€4.44/ kg
▲ +1.30%
Sheathed household cable at about 65 percent recovery
€3.30/ kg
▲ +1.16%
Cat5, Cat6 and phone cable at about 48 percent recovery

By form

€11.41/ kg
▲ +1.18%
Heavy electrical bar; number 1 or better

Converted from the exchange settlement at this market's rate and level. Indicative reference prices, not offers. Aluminium, brass and steel prices in Spain.

How copper is quoted in Spain

Spanish dealers quote non-ferrous scrap in euros per kilogram and ferrous scrap per tonne. Stainless steel is an important grade because of domestic demand and is quoted by nickel content.

Against the global reference: Spanish prices follow the European LME level with a premium for stainless and ferrous grades near the mills.

Grade names travel less well than the metal does. Whatever a local merchant calls it, the specification behind each grade is the same one used on export contracts, which is why the ReMA code appears on every card above.

Copper prices in Spain cities

The board above is the national indicative level. City yards trade around it rather than exactly on it, because local competition, freight to the nearest consumer and export demand all move the spread. Two quotes in the same city can differ by several percent on the same morning.

Madrid Community of Madrid

Madrid is inland and administrative rather than industrial, so its copper arrives from renovation and services rather than manufacturing. Material travels to the coast or the north to be processed, and that haul shows up in the quote.

Copper that moves here: Plumbing copper and building wire from renovation.

Barcelona Catalonia

Catalonia carries most of Spanish manufacturing and Barcelona has a working port, so the city both generates industrial copper and has a route to move it. Both factors tend to firm up local quotes against inland Spain.

Copper that moves here: Industrial cable and busbar from plant work.

Valencia Valencian Community

Valencia is one of the busiest container ports in the Mediterranean, which gives lower and mixed grades an export outlet that inland yards cannot offer.

Copper that moves here: Insulated wire in container volumes; Mixed and irony copper for export; Copper tube from construction and agriculture.

Selling copper in Spain: identification and payment

Scrap dealers must be registered waste managers. Spain limits cash payments in business transactions, so most scrap purchases above a small amount are paid by transfer, and dealers record the seller's identity and the material bought.

Copper attracts more scrutiny than any other scrap metal because it is the most stolen. A yard that asks for identification is following the law; one that does not is the greater risk to you, since a load with no paper trail is the load a buyer can dispute later.

The copper market in Spain

Spain's electric steel mills in the Basque Country and along the Mediterranean, together with a major stainless steel producer, make the country a net importer of ferrous scrap and a steady buyer of stainless and non-ferrous grades. Prices in Bilbao, Barcelona and Valencia respond quickly to mill demand and to Mediterranean export bids.

Collection is concentrated in the industrial north and east; sellers in the interior and the islands deal with longer freight and lower prices.

Copper sits differently in that picture from the ferrous grades. It is worth enough per kilogram to travel, so a merchant a long way from a refinery can still pay close to the reference by shipping to one. That is why the spread between the best and worst copper quote in a country is usually narrower than the spread on steel, where freight eats the margin.

Which copper grade do you have?

Grade decides more of your payment than timing does. Four checks settle almost every load.

  1. Is it coated? Scratch a strand with a file. Copper shows reddish; a silver surface means tinned copper, which cannot reach the top grade whatever its condition.
  2. Is the core copper? Cut a strand and look at the end. Copper outside with silver inside is copper-clad aluminium, and it is paid as aluminium, not copper.
  3. Is it insulated? Insulated wire is priced on recovery, meaning the share of total weight that is actually metal. Heavy cable recovers around 90 percent, household cable about 65, and communication cable under 50.
  4. Is anything attached? Solder, paint, brazing, steel fittings and brass ends all pull a piece down a grade. Cutting them off takes seconds and moves real weight up the board.

Sorting into separate piles before you weigh is the highest-paid work in this trade. A mixed load is graded at the lowest grade present, so one soldered joint in a clean pile can regrade the lot.

Before you sell copper in Spain

  • Keep stainless steel separate; it pays well in Spain.
  • Expect transfer payment and an ID check for anything but the smallest lots.
  • Compare the quote with the LME copper price in euros per kilogram.
  • Ask for the price by grade rather than one figure for the load.
  • Call at least two merchants. The spread between yards in one city is often wider than a day of movement in the metal.
Copper trading facts for Spain
CurrencyEuro (EUR)
Price unitsPer kg for non-ferrous, per tonne for ferrous
BenchmarksLME prices in euros, Basque and Mediterranean mill bids
Main hubsBilbao, Barcelona, Valencia, Madrid, Cadiz
Trade positionNet importer of ferrous scrap

Copper scrap price questions, answered for Spain

What is the copper scrap price in Spain today?

Between €3.30 and €11.81 per kg depending on grade, quoted in EUR. The board above shows every grade, updated daily.

Why do two yards in the same city quote different prices?

Because they have different outlets. A merchant who can sell straight to a refinery pays closer to the reference than one who has to ship material onward, and both build their freight into the quote. Local competition does the rest, which is why calling two or three merchants is worth more than picking the day.

Which copper grade pays most in Spain?

Bare Bright Copper, at €11.81 per kg today. It is the strictest grade on the board: clean, uncoated, unalloyed wire of heavier gauge, with no oxidation and no attachments.

Is it worth stripping insulated wire before selling?

Above roughly 48 percent copper recovery, usually yes. Below it, usually not. Thick building cable strips quickly and pays; thin communication cable does not. Burning insulation is never the answer: it is unlawful in most jurisdictions and it downgrades the copper rather than improving it.

Do prices differ between cities in Spain?

Yes, though less than most sellers expect. The board on this page is the national indicative level and city yards trade around it. What moves a local quote is how many buyers can economically reach you, how far the material has to travel to a consumer, and whether there is an export outlet nearby.

How often does the copper price change?

Daily. Copper settles on the exchange every business day and every scrap grade moves with it, because each grade is priced as a share of the refined metal price rather than set independently.

Copper prices in other markets

ITEUR

Italy

€12.16 / kg

CNCNY

China

CN¥90.30 / kg

JPJPY

Japan

¥2,077 / kg

ININR

India

₹1,193 / kg

AEAED

UAE

AED 47.84 / kg