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Today's Copper Rate

Live Market

Real-time copper prices in India (INR) for Scrap, Wire, and Armature.

Live Copper Rates (India)

Currency: INR (₹) Updating...
Category Rate (per Kg)
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*Rates are indicative local scrap market averages. Prices linked to MCX/LME futures. GST extra.

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Scrap Guide

  • Copper Wire (Bright)

    Highest purity (99%+). Shiny, unburnt wire without insulation. Best rate.

  • Armature Wire

    Winding wire from motors. Slightly lower purity due to varnish.

  • Mixed Scrap (Utensils)

    Old vessels or pipes. Lowest rate due to alloys/impurities.

Copper: The Electric Metal

Copper is the backbone of the electrical infrastructure. From home wiring to electric vehicles (EVs), its demand is skyrocketing. In India, the scrap market is huge, offering cash for recycled copper wires, pipes, and old motors.

Factors Affecting Price

  • Global Demand: Chinese manufacturing and US infrastructure spending.
  • Mining Supply: Strikes in Chile/Peru (major producers) spike rates.
  • USD Rate: Stronger Dollar makes copper expensive in INR.

Frequently Asked Questions

What is Bright Copper Wire? +
Bright Copper Wire is stripped, unburnt, and shiny wire. It fetches the highest scrap price (~98-99% of MCX rate) because it is pure and ready for recycling without processing.
How is Scrap Rate different from MCX? +
**MCX (Multi Commodity Exchange)** is the futures market rate for pure ingots. **Scrap Rate** is local cash price, usually 5-10% lower than MCX depending on the scrap quality (insulation, burnt, oxidized).
Is burning wire to remove insulation good? +
No! Burning wire degrades the copper (makes it brittle) and lowers the grade to "Burnt Copper," fetching a lower price. Always strip insulation mechanically for "Bright" rates.