07 Oct 2013 Last updated at 08:14:15 GMT
ROME (Scrap Monster) : After week-long ups and downs, Europe's Copper Scrap price again dropped with a major low on Scrap Monster Price Index as on October 4th Friday.
Copper Scrap along with Brass/Bronze prices went low over the day. The price of #1 Copper Wire and Tubing went down by Euro 120 per Lb at Euro 4080 per Lb. The price of #2 Copper Wire and Tubing also edged down by Euro 120 per Lb. A fall by Euro 120 per Lb was again reported in the price of #1 Bare Bright on Oct 4th. The Scrap price of #1 Insulated Copper Wire 85 % Recovery too declined by Euro 60 per Lb. Copper Radiators Scrap Price also saw a down by Euro 60 per Lb. Braziery Copper showed a decrease by Euro 120 per Lb. Copper Dry Bright and Copper Tube was seen to drop by the same Euro 120 per Lb.
Europe’s Brass/Bronze scrap price also showed negative down move. The price of 70/30 Brass Scrap fell by Euro 60 per Lb. The price of 85/15 Brass Scrap also edged down by Euro 60 per Lb. A decline of Euro 60 per Lb was reported in the price of Brass Radiator over the day. Brass cuttings too went down by Euro 60 per Lb.
In Lead Scrap category, Lead-Solid price went down by Euro 100 per Lb and Scrap Auto Batteries went down by Euro 60 per Lb. The price of 304 Stainless Steel too declined by Euro 20 per Lb.
Author: Paul Ploumis