Copper Scrap Rate Today in Delhi — April 30, 2026

Copper Scrap Rate Today in Delhi

Delhi buyers usually ask for the scrap rate first, not the refined rate. Fair enough. If you are selling bare copper wire, burnt copper, or mixed scrap, the quote depends on cleanliness, copper percentage, and how quickly the dealer can move the lot. The live copper benchmark today sits at ₹1.14, and that gives the market its anchor before the local discount is applied.

For traders in Mayapuri, Seelampur, and the industrial pockets around Bawana, the number changes faster than most people expect. MCX copper futures and LME copper set the direction, then the scrap buyer cuts for grade and handling. That is the reality on the ground.

• 1 gram: ₹1.14
• 10 grams: ₹11.40
• 100 grams: ₹114.00
• 1 kg: ₹1,140.00
• 1 metric tonne: ₹1,140,000.00

That per-gram figure helps for comparison, but scrap is normally bought by the kilogram in Delhi. A clean lot can get close to the headline market, while mixed scrap with insulation, solder, or oxidation will trade at a noticeable discount.

Why Delhi Scrap Buyers Track MCX and LME So Closely

Local scrap markets do not live in isolation. They follow international copper, then reprice in rupees. LME copper moves in dollars per tonne; MCX copper gives Indian traders the same story in INR terms. Once the rupee weakens, the domestic scrap quote usually gets firmer even if global copper is flat. That is why Delhi stockists keep one eye on the screen and another on the actual material coming into the yard.

What actually changes the buying rate

Import duty and GST matter, but scrap pricing is rarely just a tax story. Processing cost, freight from the source city, and the dealer’s recovery expectation all sit inside the final number. In Delhi, a clean ETP copper scrap bundle will fetch more than painted wire or mixed cable scrap because the buyer can recycle it with less loss.

Demand is the other half of the equation. When construction activity, metro projects, power-grid work, and cable replacement cycles pick up, copper scrap gets pulled harder. Solar installations and EV-related wiring have added another layer of demand over the last few years, while monsoon season often slows site work and takes some heat out of the market. That slowdown shows up quickly in Delhi’s scrap lanes.

How to Read Copper Scrap Price Today in Delhi Without Getting Burned

Copper is a cyclical industrial metal, so the scrap number can look cheap one month and stubbornly high the next. That does not make it random. It usually reflects the global cycle, currency moves, and the speed of industrial orders. If LME copper pushes higher while the rupee slips, Delhi scrap buyers have little room to sit on old prices for long.

For retail watchers, MCX copper futures are the cleaner indicator than social media forwards or a random dealer quote. Futures tell you where the market expects the next move, while physical scrap tells you what buyers are paying right now for actual material. The gap between the two can be wide if supply is tight or local demand is weak, and that gap is where experienced traders make their money.

There is also a seasonal angle. Electrical contractors tend to build inventory before peak work periods, and many recyclers keep more stock ahead of busy construction months. Around festival demand and year-end project completion, the market can get firmer without much warning. If you track the 52-week high and low, plus the last few sessions, the pattern becomes easier to read. Copper rarely stays calm for long, and Delhi scrap dealers know it.