North American copper scrap prices declined marginally on 31st Aug, 2016

Published: Sep 1, 2016 16:28

Save

The North American copper scrap prices declined marginally on Wednesday, August 31st.

By Carolina Curiel (ScrapMonster Author)

September 01, 2016 01:25:20 AM

MONTREAL (Scrap Monster): The North American copper scrap prices edged marginally lower on ScrapMonster Price Index as on August 31st, Wednesday.

The price of Alternator scrap remained unchanged over the previous day. The price of #1 Copper Wire and Tubing declined by $0.01 per Lb. #2 Copper Wire and Tubing prices were also down by $0.01 per Lb. The price of #1 Copper Bare Bright too went lower by $ 0.01 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery remained unchanged over the previous day. #2 Insulated Copper Wire 50% Recovery prices remained unchanged on Index at $0.75 per Lb. #3 Copper-Light copper prices dropped by $0.01 per Lb to reach $1.67 per Lb.

The prices of Copper Radiator scrap held steady from previous day’s levels. Copper Transformer Scrap prices remained unchanged. CuYokes prices too witnessed no change from the previous day. Cu/Al Radiator Ends witnessed no change over the previous day. Meanwhile, the prices of Cu/Al Radiators and Cu/Al Radiators/Fe held steady on August 31st, 2016.

Harness Wire 35% Recovery and Heater cores prices witnessed no change over the previous day.

The price of Romex Wire was flat at $1.16 per Lb when matched with the previous day.

The prices of Scrap Electric Motors, Sealed units, Starters and Xmas Lights maintained the previous day price levels.

copper prices scrap copper prices base metals prices

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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

50 mins ago

Middle East Conflict and Trade Barriers Halt Aluminum Plate, Sheet, Strip, and Foil Exports

Among them, the Gulf region was an important consumer market for China in the Middle East: China’s exports of aluminum plate/sheet and strip to Saudi Arabia reached 42,500 mt, and aluminum foil 58,000 mt; exports of aluminum plate/sheet and strip to the UAE reached 103,500 mt, and aluminum foil 93,800 mt; the other four countries (Bahrain, Qatar, Kuwait, and Oman) accounted for combined exports of about 22,000 mt of aluminum plate/sheet and strip and about 11,000 mt of aluminum foil.

50 mins ago

3 hours ago

US Inflation Rises 0.3% in February, Matching Expectations; Fed Rate Cut Timing Unclear Amid Iran Oil Crisis

The latest US inflation data has been released, showing that seasonally adjusted CPI in February rose 0.3% MoM and was up 2.4% YoY; core CPI increased 0.2% MoM and rose 2.5% YoY, with all figures in line with market expectations. However, the prevailing market view is that the February data has not yet reflected the impact of the sharp rise in oil prices caused by the situation in Iran. Therefore, further data is still needed to support judgment on when the US Fed will cut interest rates again.

3 hours ago

China's Auto Sales Slump 15.2% in February, Exports Surge 52.4% YoY

According to data released by CAAM, China’s auto market showed the following trends in February: overall auto sales reached 1.805 million units, but fell 15.2% YoY from the same period last year. By segment, NEV sales were 765,000 units, also down 14.2% YoY. However, on the export side, auto exports reached 672,000 units in February, up 52.4% YoY.

3 hours ago