Similarly, prices for copper scrap arediscounted from the refined value of the recoverable coppercontent to allow for processing costs and profit. Though thediscount from refined must be sufficient to account forprocessing costs, market conditions for each type of scrap willaffect their prices.Until the late 1970âs, domestic copper prices were generallyreferenced to the U.S. producer price.The traditional U.S.producer price, which normally included a charge for deliveryand insurance, was based on annually negotiated salescontracts, with prices changing at least quarterly.imilarly, prices for copper scrap arediscounted from the refined value of the recoverable coppercontent to allow for processing costs and profit. Though thediscount from refined must be sufficient to account forprocessing costs, market conditions for each type of scrap willaffect their prices.