The global recycling market experienced a sharp tightening of scrap copper prices in February 2026, with an increase in scrap copper prices across Europe, Asia, and North America. This increase in scrap copper prices was attributed to a reduction in scrap copper supply and increased industrial demand. The recycling market participants across the recycling chain reported a reduction in scrap copper supply, a reduction in scrap copper sales, and increased competition from scrap copper buyers, especially for high-grade scrap copper.
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