Industrial metals prices: copper, aluminium, nickel, zinc, iron ore
Copper updates during the day; the other metals are IMF monthly averages. Not a scrap price.
| Commodity | Price, $ | In lari | Change | Trend | Data |
|---|---|---|---|---|---|
| Copper1 lb | $6.30 | 16.35 ₾ | −1.75% | Market open10.11.2026 22:03 | |
| Aluminium1 tonne | $3,283.05 | 8,514.93 ₾ | +1.01% | Monthly averageSeptember 2026 | |
| Nickel1 tonne | $16,323.82 | 42,337.46 ₾ | −2.53% | Monthly averageSeptember 2026 | |
| Zinc1 tonne | $4,020.55 | 10,427.70 ₾ | +3.50% | Monthly averageSeptember 2026 | |
| Iron ore1 dry tonne | $100.44 | 260.50 ₾ | +0.83% | Monthly averageSeptember 2026 | |
| Lead1 tonne | $1,872.87 | 4,857.49 ₾ | +0.92% | Monthly averageSeptember 2026 | |
| Tin1 tonne | $53,711.68 | 139,306.60 ₾ | −2.98% | Monthly averageSeptember 2026 |
- Copper1 lbMarket open10.11.2026 22:03$6.3016.35 ₾−1.75%
- Aluminium1 tonneMonthly averageSeptember 2026$3,283.058,514.93 ₾+1.01%
- Nickel1 tonneMonthly averageSeptember 2026$16,323.8242,337.46 ₾−2.53%
- Zinc1 tonneMonthly averageSeptember 2026$4,020.5510,427.70 ₾+3.50%
- Iron ore1 dry tonneMonthly averageSeptember 2026$100.44260.50 ₾+0.83%
- Lead1 tonneMonthly averageSeptember 2026$1,872.874,857.49 ₾+0.92%
- Tin1 tonneMonthly averageSeptember 2026$53,711.68139,306.60 ₾−2.98%
Market price vs shop price
The prices here are international wholesale benchmarks: an ounce of pure gold, a barrel of crude, a tonne of copper. Gold jewellery, a bank's bar, petrol at the pump or scrap all trade at other prices, which include processing, transport, taxes and margins. GFX.GE does not buy or sell commodities.
Copper
Copper reference price (HG), US dollars per pound; history: IMF monthly average of LME cathode, dollars per tonne
Copper is the key metal for wiring, construction and electric vehicles, which is why its price is called a barometer of the economy. New York quotes it per pound, London per tonne: one tonne is 2,204.62 lb. Scrap prices in Georgia are a separate market, well below the international price.
Aluminium
Aluminium, 99.5% purity, LME monthly average, IMF, dollars per tonne
Aluminium is a light metal used in packaging, construction, transport and power lines. Smelting it takes a lot of electricity, so its price also depends on energy prices. This page shows the IMF monthly average, published early the following month.
Nickel
Nickel, LME monthly average, IMF, dollars per tonne
Nickel goes mainly into stainless steel and electric-vehicle batteries. Its price is known for big swings, as supply is concentrated in a few countries.
Zinc
Zinc, high grade, LME monthly average, IMF, dollars per tonne
Most zinc is used to galvanise steel against corrosion, so demand follows construction and car making. Ore mining and exports matter for Georgia's economy.
Iron ore
Iron ore fines, 62% Fe, China import spot price, IMF monthly average, dollars per dry metric tonne
Iron ore is the raw material of steel, and its price depends mostly on Chinese demand. A price always refers to a grade (here 62% iron) and delivery terms, so other grades sell at other prices. It is not a scrap or rebar price.
Lead
Lead, IMF monthly average, dollars per metric tonne
Most lead goes into batteries, including car batteries. A large part of the supply comes from recycling old batteries.
Tin
Tin, IMF monthly average, dollars per metric tonne
Tin is used mainly as solder in electronics, so demand is tied to technology manufacturing. The market is small and supply disruptions can move the price sharply.
Prices are for information: international benchmarks from gold-api.com, the EIA and the IMF (via FRED), converted at the National Bank rate. Not an offer to buy or sell, and not investment advice.