Short answer: Copper set a new record in September 2026. Three-month copper on the London Metal Exchange touched $14,533 a tonne on September 7, above the high it set in January. On October 2 the LME official cash price was $14,355 a tonne, about $6.51 a pound. A scrap yard pays much less than that. On October 5, Rockaway Recycling in New Jersey posted $1.90 a pound for car harness wire, $0.60 for alternators and starters and $3.10 for clean brass radiators.
Last checked: October 5, 2026. Exchange prices are the LME official prices published by Westmetall and a September 8 report in The Deep Dive. Yard prices are from Rockaway Recycling's posted list. Tariff details are from the White House and the American Supply Association. Theft figures are from NPR. Sale rules are from the California Legislature and the Minnesota Revisor of Statutes.
What happened to copper prices in 2026?
| Date | What happened | Source |
|---|---|---|
| September 7, 2026 | Three-month LME copper touched $14,533 a tonne, above January's record | The Deep Dive, September 8 |
| September 22, 2026 | LME official cash price of $14,797 a tonne | LME data via Westmetall |
| October 2, 2026 | LME official cash price of $14,355 a tonne, about $6.51 a pound | LME data via Westmetall |
| January 1, 2027 | Earliest date for a possible 15% duty on refined copper imports. Not decided as of late August | White House proclamation; American Supply Association |
Tariffs are part of the story. A July 2025 proclamation put a 50% tariff on semi-finished copper products and left a 15% duty on refined copper from January 2027, rising to 30% in 2028, for a later decision. The American Supply Association reported on August 27 that no decision had been made. Daily prices are on Westmetall's copper table, so treat any figure here as a snapshot.
What does a scrap yard pay for copper from a car?
Far less than the exchange price, and less again for copper that still has plastic, steel or brass attached. Rockaway Recycling updates its posted price list every morning. These are its prices at 8 AM on October 5, 2026, for the grades that come off a car.
| Car part | Yard's grade | Posted price |
|---|---|---|
| Wiring harness, left whole | Car harness wires (48 to 52% copper) | $1.90 a pound |
| Alternator or starter | Alternators and starters | $0.60 a pound |
| Old copper and brass radiator, steel sides off, drained | Clean brass radiators | $3.10 a pound |
| Stripped copper wire, clean | #1 bare bright wire | $5.60 a pound |
| Stripped wire with solder or tin | #2 copper | $5.15 a pound |
| The rest of the car | Steel | $110 a gross ton, about 5 cents a pound |
Bare bright wire at $5.60 is about 86% of the October 2 exchange price, and every step down in purity costs more. One yard is not a national price, so call two near you. Rockaway is in our directory as Rockaway Recycling in Rockaway, NJ.

Which car parts hold the copper?
The wiring harness holds the most. It runs through the dash, the doors and the engine bay, and it comes out in pieces unless you have an afternoon.
Alternators and starters have copper windings inside a steel or aluminum case, which is why they pay so little a pound. A/C compressors have a copper clutch coil but are mostly aluminum and steel, and Rockaway posts no grade for them, so ask first.
Radiators and heater cores from older cars and trucks were often copper and brass. Most newer ones are aluminum with plastic tanks, which grade far lower. Look at the color of the core to tell them apart.
Is it worth stripping a wiring harness?
Usually not. Take a 10-pound harness. Sold whole at $1.90, it brings $19. Rockaway's grade name assumes about half of it is copper, so stripped you might get 5 pounds of wire. Car wire is thin and often tinned, so it may grade as #2 at $5.15 rather than bare bright. That is about $25.75, or less than $7 more for several hours of cutting connectors and peeling insulation.
Pulling the harness out before the car goes for scrap is different. Left in the car, it is paid at the steel price. Taken out, it brings $1.90 a pound. Do not burn the insulation off. The smoke is toxic.
If you are selling the whole car to a buyer who quoted it as complete, ask before you take anything. Our list of what to remove before you scrap a car covers what is safe to keep, and scrap car prices explains how a whole car is priced by weight.
A short tip on which car parts to take off before scrapping, from Rockaway Recycling's own channel, published May 2014. It is the company's video.



