North America Copper Scrap Market Size & Outlook, 2026-2033
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North America copper scrap market highlights
- The North America copper scrap market generated a revenue of USD 8,455.3 million in 2025.
- The market is expected to grow at a CAGR of 8.8% 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, U.S. is expected to register the highest CAGR from 2026 to 2033.
North America data book summary
| Market revenue in 2025 | USD 8,455.3 million |
| Market revenue in 2033 | USD 16,226.0 million |
| Growth rate | 8.8% (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, North America region accounted for 21.4% 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.
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Copper Scrap Market Scope
Copper Scrap Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Jain Metal Group | View profile | 1001-5000 | Chennai, Tamil Nadu, India, Asia | https://jainmetalgroup.com |
| Ames Copper Group | View profile | 51-100 | Shelby, North Carolina, United States, North America | https://www.amescoppergroup.com |
| Aurubis AG | View profile | 7305 | Hovestrasse 50, Hamburg, BY, Germany, 20539 | https://www.aurubis.com |
| Glencore PLC | View profile | 83426 | Baarermattstrasse 3, Baar, Switzerland, CH-6340 | https://www.glencore.com |
| OmniSource Corporation | View profile | 1001-5000 | Fort Wayne, Indiana, United States, North America | http://www.omnisource.com/ |
| Commercial Metals Co | View profile | 13022 | 6565 North MacArthur Boulevard, Irving, TX, United States, 75039 | https://www.cmc.com |
North 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 will help companies and investors design strategic landscapes.
New scrap was the largest segment with a revenue share of 89.47% in 2025. Horizon Databook has segmented the North America copper scrap market based on old scrap, new scrap covering the revenue growth of each sub-segment from 2021 to 2033.
North America accounted for about 11.1% of the global copper scrap market, in terms of revenue, in 2023. Wire rod mills and brass mills accounted for the highest share of the total scrap consumption. The market is competitive and there is a high concentration of medium- to small-scale foundries and secondary smelters in the region.
Market players benefit from copper scrap exports to other countries. Copper scrap plays a crucial role in the manufacturing sector as it is an essential raw material in copper production and has a direct impact on the cost of production of copper semi-fabricated products.
Several market players with copper scrap management capabilities collect scraps of other ferrous and non-ferrous metals such as steel, stainless steel, aluminum, nickel, tin, and titanium. Clean technology has become the predominant driver for copper in the region. The increasing demand for copper has resulted in a shortage of copper supply.
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Our clientele includes a mix of copper scrap market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America copper scrap market , including forecasts for subscribers. This continent databook contains high-level insights into North America copper scrap market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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North America copper scrap market size, by country, 2021-2033 (US$M)
North America Copper Scrap Market Outlook Share, 2025 & 2033 (US$M)
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