Latest Scrap Prices in Saudi Arabia 2026 – Copper, Aluminium & Iron Rates

Want to know the exact scrap metal price before you call a buyer? Most people in Saudi Arabia sell their scrap without knowing its real market value — and end up accepting less than they deserve. This guide gives you the current copper scrap price in KSA, aluminium scrap rates in Dammam, iron scrap prices across Saudi Arabia, and everything else you need to walk into any deal with confidence.
Whether you are clearing out an old AC unit, winding down a construction project, or managing industrial e-waste — read this first.
Introduction to the Scrap Metal Market in Saudi Arabia
Saudi Arabia is one of the fastest-growing scrap markets in the Middle East. The Kingdom generates approximately 4 to 4.5 million tonnes of ferrous scrap per year, and demand is climbing fast as Vision 2030 pushes local steel production and recycling infrastructure higher.
The scrap industry here is not informal anymore. In August 2024, Fastmarkets launched the world’s first Saudi Arabia Ferrous Scrap Index — a weekly price benchmark covering Dammam, Riyadh, and Jeddah markets. That alone tells you how seriously the Kingdom is taking this sector.
For sellers, this growing market means one thing: prices are real, competitive, and worth knowing before you sell.

Current Scrap Metal Prices in Saudi Arabia (2026)
Note: Scrap prices fluctuate based on global commodity markets, local demand, and metal grade. The ranges below reflect current market rates as of mid-2025. Always confirm with your buyer on the day of sale.
Current Copper Scrap Price in KSA
Copper is the most valuable common scrap metal in Saudi Arabia. It is in constant demand due to electrical wiring, construction projects, and air conditioning systems across the Kingdom.
| Copper Type | Price Range (SAR/kg) |
| Copper wire scrap (bare bright) | 22 – 28 SAR/kg |
| Mixed / insulated copper | 18 – 23 SAR/kg |
| Copper pipes & fittings | 20 – 26 SAR/kg |
| AC copper coils | 16 – 22 SAR/kg |
Why copper prices are high right now: Global demand from electrical infrastructure and AI data centre construction is keeping copper prices elevated well into 2025. Supply concerns have pushed prices to multi-year highs internationally, which directly lifts what buyers in Dammam and across KSA are willing to pay.
Pro tip: Strip insulation from copper wire before selling. Bare copper fetches up to 25% more than insulated wire because buyers don’t have to process it themselves.
Aluminium Scrap Rate in Dammam and Across KSA
Aluminium is the second most recycled metal in Saudi Arabia. Its light weight and resistance to corrosion make it valuable across construction, automotive, and packaging industries.
| Aluminium Type | Price Range (SAR/kg) |
| Aluminium cans | 2.5 – 4 SAR/kg |
| Aluminium sheet / extrusion | 4 – 7 SAR/kg |
| Aluminium AC units | 3 – 5.5 SAR/kg |
| Cast aluminium (engines, wheels) | 3.5 – 6 SAR/kg |
| Aluminium cables | 5 – 8 SAR/kg |
Dammam, as the industrial hub of the Eastern Province, sees particularly strong aluminium demand from manufacturing and petrochemical facilities. Rates in Dammam are generally competitive with — and often slightly above — national averages due to this industrial concentration.

Iron Scrap Price in Saudi Arabia
Iron and steel scrap (ferrous scrap) trades in bulk in Saudi Arabia, primarily to steel mills that use electric arc furnaces and induction furnaces.
| Iron / Steel Type | Price Range (SAR/kg or tonne) |
| HMS 1&2 (Heavy Melting Scrap) | 1.45 – 1.56 SAR/kg (1,450 – 1,560 SAR/tonne) |
| Shredded steel scrap | 1.55 – 1.60 SAR/kg |
| Light iron / sheet steel | 0.80 – 1.20 SAR/kg |
| Cast iron | 0.60 – 1.00 SAR/kg |
| Rebar offcuts / construction iron | 1.20 – 1.50 SAR/kg |
For bulk iron scrap — especially demolition or construction material — prices are typically quoted per tonne and negotiated directly with buyers or mills.
Latest Scrap Rates for Other Metals in KSA
| Metal | Price Range (SAR/kg) |
| Brass | 10 – 16 SAR/kg |
| Stainless steel (Grade 304) | 7 – 10 SAR/kg |
| Stainless steel (Grade 316) | 10 – 14 SAR/kg |
| Lead / batteries | 1.50 – 3 SAR/kg |
| Computer / e-scrap (circuit boards) | 5 – 15 SAR/kg |
Factors Affecting Scrap Prices in KSA
Understanding what moves prices helps you time your sale better and negotiate more effectively.
- Global commodity markets Copper, aluminium, and iron prices in Saudi Arabia follow the London Metal Exchange (LME) and international benchmarks. When global prices rise, local KSA rates follow within days.
- Local steel mills demand Saudi mills like Al Ittefaq, Al Rajhi Steel, and Al Qaryan Group buy large volumes of domestic scrap. When mills are running at high capacity, they compete for local scrap and prices go up. When margins are squeezed — as they were in late 2024 — mills pull back and prices soften.
- Metal grade and cleanliness Clean, sorted metal always fetches more. Mixed or contaminated scrap gets discounted because buyers have to sort and process it. Separating your metals before calling a buyer is the single easiest way to get a better price.
- Transport and logistics costs Diesel prices in KSA rose over 40% in January 2025, pushing up collection and transport costs for scrap dealers. This has tightened margins, especially for smaller buyers. Larger, well-established buyers who operate their own fleets can still offer competitive rates.
- Exchange rate (SAR/USD) Since the SAR is pegged to the USD, currency fluctuations with other trading partners affect the export value of scrap, which in turn influences domestic buying prices.
- Quantity Larger volumes always attract better per-kg rates. A 500 kg load of copper wire and a 50 kg load will not be priced the same per kilogram.

Copper vs Aluminium vs Iron: Which Scrap Has the Highest Value?
| Metal | Avg. Price (SAR/kg) | Relative Value | Best For |
| Copper | 20 – 26 | ⭐⭐⭐⭐⭐ Highest | Cables, pipes, AC coils |
| Brass | 10 – 14 | ⭐⭐⭐⭐ Very high | Fittings, valves, taps |
| Stainless steel | 7 – 12 | ⭐⭐⭐ High | Industrial equipment |
| Aluminium | 4 – 7 | ⭐⭐⭐ Moderate | AC units, sheets, cables |
| Iron / steel | 1 – 1.6 | ⭐⭐ Low per kg (high in volume) | Demolition, construction |
| Lead / batteries | 1.5 – 3 | ⭐⭐ Low-moderate | Car batteries, UPS |
Key takeaway: Copper delivers the highest return per kilogram by a wide margin. If you have a mixed load, separating out copper before your appointment with a buyer can significantly increase your total payout.
The Scrap Recycling Industry in Saudi Arabia
Saudi Arabia’s scrap recycling sector is undergoing rapid transformation under Vision 2030. The government’s goal is to recycle nearly 95% of the country’s waste — a target announced by the Ministry of Environment in January 2024 — with the initiative expected to contribute around USD 32 billion to GDP and create over 100,000 jobs.
Steel production from recycled scrap is growing fast. Saudi mills produced 8.87 million tonnes of steel in January–October 2025 alone, up nearly 13% year on year. This sustained growth means domestic demand for scrap is structural — not cyclical — and sellers are in a good position for the foreseeable future.
The market is also professionalising. Fastmarkets’ Saudi Arabia Ferrous Scrap Index, now tracking weekly prices across Dammam, Riyadh, and Jeddah, has brought international-standard pricing transparency to a market that previously relied on informal networks.

Best Cities for Scrap Trading in KSA
Dammam Scrap Market
Dammam is the scrap trading capital of the Eastern Province and arguably the most active local market in the Kingdom. The city’s 2nd Industrial City (Tasliya area) hosts the majority of licensed scrap dealers and buyers. Proximity to Jubail Industrial City, major construction activity, and a large expat workforce generating household scrap all contribute to high volumes and competitive pricing.
Scrap types in highest demand in Dammam: copper wire, AC units, aluminium, cables, and e-scrap from the technology sector.
Riyadh Scrap Dealers
As Saudi Arabia’s capital and largest city, Riyadh generates enormous volumes of construction, office, and household scrap. The market is large but also more fragmented, with dozens of buyers competing for material. Riyadh prices for copper and aluminium track closely with Dammam but can vary by 5–10% depending on the buyer and location.
Jeddah Scrap Prices
Jeddah’s position as a major port city makes it an important hub for scrap imports and exports. Local prices reflect both domestic demand and international export opportunities. For large-volume sellers, Jeddah buyers may offer competitive rates because of their ability to export material directly.
How to Sell Scrap Metal in Saudi Arabia: Step by Step
Selling scrap in KSA is straightforward when you know the process.
Step 1: Sort your scrap by metal type Copper, aluminium, iron, and stainless steel should be separated. Mixed loads get lower prices. Even basic sorting takes 30 minutes and can increase your payout by 20–30%.
Step 2: Estimate your quantity Buyers quote by weight. If you can give a rough estimate of your volume (even approximate), you will get a more accurate quote over the phone and save time on site.
Step 3: Contact a licensed scrap buyer Call or WhatsApp a buyer directly. Reputable buyers like Scrap Buyer Dammam KSA will give you a price estimate over the phone based on your description, metal type, and quantity.
Step 4: Schedule a pickup or delivery Most professional buyers in Dammam offer free pickup for reasonable quantities. For smaller amounts, you may need to deliver to their yard. Confirm pickup timing when you call.
Step 5: On-site weighing and payment The buyer will weigh your scrap on arrival using calibrated scales. You should be present during weighing. Payment is typically made in cash on the same day.
Documents typically required:
- A copy of your Iqama or national ID
- For commercial quantities: a copy of your commercial registration (CR)
- For construction/demolition scrap: the contractor’s CR and a no-objection letter from the site owner

Tips for Getting the Best Scrap Price in KSA
- Call multiple buyers for a quote — even a 5-minute comparison call can get you an extra SAR 1–2 per kg on copper, which adds up fast on large quantities.
- Sell in volume — consolidate your scrap before calling. Buyers give better rates for larger loads because it reduces their per-trip cost.
- Clean your copper — remove plastic insulation, connectors, and non-copper parts. Clean copper wire gets the highest rate in any market.
- Know your metal — use a basic magnet test. Iron and steel are magnetic. Copper, aluminium, and brass are not. Knowing what you have prevents buyers from misclassifying your material.
- Time your sale — scrap prices move with international markets. If you are not in a rush, monitor copper prices for a few weeks. A 5–10% swing in global prices directly affects what you receive locally.
- Ask for a receipt — a professional buyer should provide documentation of weight and price per kg. This protects you and is required for any commercial transaction.
- Avoid unlicensed buyers — unlicensed dealers may offer slightly higher quotes but create legal risk for you as a seller. Always deal with registered scrap buying companies.
Daily Scrap Price Updates in KSA
Scrap prices in Saudi Arabia do not change daily the way stock markets do, but they do shift every few weeks based on:
- LME copper and aluminium spot prices
- Saudi mill buying rates (updated by major mills like Al Ittefaq)
- Local supply and demand cycles
Where to track prices:
- Fastmarkets Saudi Arabia Ferrous Scrap Index (weekly, for steel scrap)
- LME copper spot price via London Metal Exchange website
- Call your local buyer directly — professional buyers update their rates weekly
At Scrap Buyer Dammam KSA, we provide up-to-date rates when you call or WhatsApp us. We do not lock in prices from weeks ago — you always get the current market rate.

The Future of Scrap Metal in Saudi Arabia
The outlook for scrap sellers in KSA is strong. Several forces are aligned in favour of a healthy, growing market:
Vision 2030 recycling targets are driving investment in recycling infrastructure. The Ministry of Environment’s 95% recycling goal will require enormous volumes of domestic scrap to be collected and processed locally rather than exported.
Growing steel production — Saudi mills produced record output in 2025 and continue to expand. Electric arc furnaces and induction furnaces all require scrap as a primary input.
Rising copper demand from data centres, electric vehicles, and renewable energy projects will keep copper scrap prices elevated for years.
A national scrap metal company is being established by the Saudi government to professionalise scrap imports and coordinate the domestic market — a sign that this sector is being taken seriously at the highest levels.
For ordinary sellers and businesses alike, this means scrap in Saudi Arabia will be worth collecting, sorting, and selling — not discarding — for the foreseeable future.
Frequently Asked Questions
What is the current copper scrap price in Saudi Arabia?
Copper scrap prices in KSA currently range from 18 to 28 SAR per kilogram, depending on the grade and condition. Bare bright copper wire commands the highest rates (22–28 SAR/kg), while insulated or mixed copper fetches 18–23 SAR/kg. Prices shift with global LME copper prices — always confirm on the day of sale.
What is the aluminium scrap rate in Dammam?
Aluminium scrap rates in Dammam range from 2.5 to 8 SAR per kilogram depending on the type. Aluminium cans are at the lower end (2.5–4 SAR/kg), while aluminium cables and extrusions fetch 5–8 SAR/kg. Dammam’s industrial demand generally keeps local rates competitive.
How much is iron scrap worth in KSA?
Iron and steel scrap in Saudi Arabia currently trades at 1.45 to 1.60 SAR per kilogram for standard HMS grades, and 0.80–1.20 SAR/kg for lighter sheet steel. For large demolition or construction loads, prices are quoted per tonne — typically SAR 1,450 to 1,560 per tonne for HMS 1&2 grade.
Which metal scrap has the highest value?
Copper is the most valuable common scrap metal in Saudi Arabia, currently fetching 20–28 SAR/kg. Brass is second at 10–16 SAR/kg. Aluminium and stainless steel follow, with iron and lead at the lower end of the value scale.
Is it legal to sell scrap metal in Saudi Arabia?
Yes, selling scrap metal is legal in Saudi Arabia. However, sellers should deal only with licensed, registered scrap buying companies. For commercial quantities, having your Iqama or CR available is standard practice. Selling stolen materials or materials from active construction sites without authorisation is illegal.
Do scrap buyers in Dammam offer free pickup?
Yes, most professional scrap buyers in Dammam — including Scrap Buyer Dammam KSA — offer free pickup for reasonable quantities. Call or WhatsApp to confirm minimum quantities and schedule a convenient time.
How quickly will I get paid?
Reputable buyers pay in cash on the same day as pickup or delivery, immediately after weighing. You do not need to wait for payment.
Can businesses sell scrap in bulk?
Absolutely. Scrap Buyer Dammam KSA works with contractors, factories, facilities managers, and demolition companies handling large volumes of industrial, construction, and e-scrap. Bulk sellers typically receive better per-kg rates and dedicated account management.
Last updated: May 2026 For the latest scrap price in Dammam, call or WhatsApp Scrap Buyer Dammam KSA: 0583593660