Strong Spring Demand Lifts Copper Prices Amid Mixed Market Signals – May 21, 2026 Market Update

May 21, 2026 – New England scrap markets showed resilience today with copper prices gaining ground on robust construction activity and EV manufacturing demand.

Scrap Metal Price Analysis

• Copper #1 Bright: .35-4.55/lb (+3.2%)
• Copper #2: .10-4.30/lb (+2.8%)
• Aluminum Clean: .75-0.82/lb (+2.1%)
• Steel HMS #1: .14-0.17/lb (+1.5%)
• Catalytic Converters: -950 (+5.4%)

Used Vehicle Market Update

The Manheim Used Vehicle Value Index climbed to 206.0 in mid-May, reflecting a 0.6% year-over-year increase.

Weekly Outlook

Spring market dynamics are delivering expected seasonal lift. Current price environment favors aggressive collection strategies.

Market Data Sources: Regional scrap yards, American Metal Market, iScrap App, Manheim Auctions. Disclaimer: Prices are regional averages for informational purposes.