Latin America Copper Scrap Market Size & Outlook, 2026-2033
Global Market
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Latin America copper scrap market highlights
- The Latin America copper scrap market generated a revenue of USD 744.9 million in 2025.
- The market is expected to grow at a CAGR of 8.6% from 2026 to 2033.
- In terms of segment, new scrap was the largest revenue generating feed material in 2025.
- Old Scrap is the most lucrative feed material segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2026 to 2033.
Latin America data book summary
| Market revenue in 2025 | USD 744.9 million |
| Market revenue in 2033 | USD 1,417.3 million |
| Growth rate | 8.6% (CAGR from 2026 to 2033) |
| Largest segment | New scrap |
| Fastest growing segment | Old Scrap |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Old Scrap, New Scrap |
| Key market players worldwide | Aurubis AG, Commercial Metals Co, Glencore PLC, OmniSource Corporation, Ames Copper Group, Jain Metal Group |
Other key industry trends
- In terms of revenue, Latin America region accounted for 1.9% of the global copper scrap market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 50,797.3 million by 2033.
According to the IMF, the GDP growth rate forecast of Central America and South America for 2023 is 3.8% and 1.0%, respectively. The growth of the copper scrap market is positively influenced by rising copper demand in Central & South America, which is attributed to the rising investments by automobile manufacturers and increasing construction activities in the region.
It accounted for 5.6% of the total revenue share of the global copper scrap market in 2023. Also, to achieve carbon emission goals, governments across the region have been directing their focus toward the adoption of EVs.
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Publish Date: Mar 25, 2026
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Copper Scrap Market Scope
Copper Scrap Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Commercial Metals Co | View profile | 13,022 | 6565 North MacArthur Boulevard, Irving, TX, United States, 75039 | www.cmc.com |
| OmniSource Corporation | View profile | 1001-5000 | Fort Wayne, Indiana, United States, North America | www.omnisource.com/ |
| Glencore PLC | View profile | 83,426 | Baarermattstrasse 3, Baar, Switzerland, CH-6340 | www.glencore.com |
| Aurubis AG | View profile | 7,305 | Hovestrasse 50, Hamburg, BY, Germany, 20539 | www.aurubis.com |
| Ames Copper Group | View profile | 51-100 | Shelby, North Carolina, United States, North America | www.amescoppergroup.com |
| Jain Metal Group | View profile | 1001-5000 | Chennai, Tamil Nadu, India, Asia | jainmetalgroup.com |
Latin America Copper Scrap Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Copper Scrap Market Outlook will help companies and investors design strategic landscapes.
New Scrap was the largest segment with a revenue share of 89.41% in 2025.
Horizon Databook has segmented the Latin America copper scrap market based on old scrap, new scrap covering the revenue growth of each sub-segment from 2021 to 2033.
According to the IMF, the GDP growth rate forecast of Central America and South America for 2023 is 3.8% and 1.0%, respectively. The growth of the copper scrap market is positively influenced by rising copper demand in Central & South America, which is attributed to the rising investments by automobile manufacturers and increasing construction activities in the region.
It accounted for 5.6% of the total revenue share of the global copper scrap market in 2023. Also, to achieve carbon emission goals, governments across the region have been directing their focus toward the adoption of EVs.
- Latin America Copper Scrap Market Feed Material Outlook (Revenue, USD Million , 2021-2033)
- Old Scrap
- New Scrap
- Latin America Copper Scrap Market Scrap Grade Outlook (Revenue, USD Million , 2021-2033)
- Bare Bright
- #1 Scrap Copper
- #2 Scrap Copper
- Other Scrap Grade
- Latin America Copper Scrap Market Application Outlook (Revenue, USD Million , 2021-2033)
- Wire Rod Mills
- Brass Mills
- Ingot Makers
- Foundries & Other Industries
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Copper Scrap Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Copper Scrap Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Latin America Copper Scrap Market, 2021-2033 (US$M)
Latin America Feed Material - Copper Scrap Market Statistics, 2025 - 2033 (US$M)
