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Market Update: North American copper scrap prices rise sharply Oct 9th, 2015

iconOct 13, 2015 10:18
The North American copper scrap prices rose sharply on October 9th, Friday.Market Update-Oct 9th, 2015: North American copper scrap prices rise sharply

By Paul Ploumis (ScrapMonster Author)
October 12, 2015 03:43:15 AM
The North American copper scrap prices rose sharply on October 9th, Friday.Market Update-Oct 9th, 2015: North American copper scrap prices rise sharply
TORONTO (Scrap Monster): The North American copper scrap prices rose sharply on ScrapMonster Price Index  as on October 9th, Friday.

Alternator prices witnessed no change during the day. The price of #1 Copper Wire and Tubing rose by $0.06 per Lb. #2 Copper Wire and Tubing prices were also up by $0.06 per Lb. The price of #1 Copper Bare Bright also went higher by $ 0.06 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery and #2 Insulated Copper Wire 50% Recovery went higher by $0.04 and $0.02 per Lb respectively from the previous day. The prices of #3 Copper-Light copper were up by $ 0.06 per Lb.

The prices of Cu Yokes and Copper Transformer Scrap were up by $0.01 per Lb on Oct 9th.

Copper Radiator prices were up by $0.02 per Lb at $1.44 per Lb.

Cu/Al Radiator Ends prices remained flat over the day.

The price of Cu/Al Radiators and Cu/Al Radiators/Fe increased by $0.01 each.

Heater Cores prices rose by $0.01 per Lb. Harness Wire 35% Recovery prices too appreciated by $0.02 per Lb.

Meanwhile, Romex Wire prices edged higher by $0.04 per Lb over the previous day.

Scrap Electric Motors, Starters, Sealed units, and Xmas Lights prices held steady.

Copper scrap prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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