Asian Copper Scrap Market Diverges: China Recovers as Japan and Korea Soften

Published: Mar 6, 2026 14:46

Save

The three major copper scrap consumption markets in Asia are showing split performance: China’s post-holiday demand recovery has pushed the bright copper pricing up from 97% to 97.5%, whereas Japan’s coefficient remains stable at 97.4% due to sluggish procurement and JPY-driven caution in USD settlements. Meanwhile, South Korea has seen a correction from 97.8% to 97%, weighed down by high local inventory levels.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

37 mins ago

Geopolitical Conflict Erupts, Pushing the US Dollar Higher; Copper Futures Remain Under Pressure and Continue to Decline Throughout the Week [SMM Macro Weekly Review]

37 mins ago

1 hour ago

Data: SHFE, DCE market movement (Mar 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Mar , 2026

1 hour ago

Cable Resumption and Operating Rates Rose Sharply; Demand Release Is Expected to Continue Providing Support [SMM Weekly Review of the Wire and Cable Market]

1 hour ago

Related News

Geopolitical Conflict Erupts, Pushing the US Dollar Higher; Copper Futures Remain Under Pressure and Continue to Decline Throughout the Week [SMM Macro Weekly Review]

Mar 06, 2026 16:13

Data: SHFE, DCE market movement (Mar 06)

Mar 06, 2026 15:40

Cable Resumption and Operating Rates Rose Sharply; Demand Release Is Expected to Continue Providing Support [SMM Weekly Review of the Wire and Cable Market]

Mar 06, 2026 15:20

Strait of Hormuz Traffic Nearly Halts; Only Two Cargo Ships Transited in 24 Hours

Mar 06, 2026 15:14