Market Update-Nov 9, 2016: North American Copper Scrap Prices Rise Sharply

November 10, 2016 12:21:21 AM

TORONTO (Scrap Monster): The North American copper scrap prices rose sharply on ScrapMonster Price Index  as on November 9^th, Wednesday.

Alternator prices remained flat during the day. The price of #1 Copper Wire and Tubing surged higher by $0.08 per Lb. #2 Copper Wire and Tubing prices were also up by $0.08 per Lb. The price of #1 Copper Bare Bright also went higher by $ 0.08 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery and #2 Insulated Copper Wire 50% Recovery went higher by $0.02 per Lb each from the previous day. The prices of #3 Copper-Light copper were up by $ 0.08 per Lb.

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

Copper Radiator prices were up by $0.02 per Lb at $1.39 per Lb.

Cu/Al Radiator Ends prices held steady over the previous day.

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

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

Meanwhile, Romex Wire prices edged higher by $0.02 per Lb over the previous day.

The prices of Starters were up by $0.01 per Lb.

Scrap Electric Motors, Sealed units and Xmas Lights prices remained unchanged.