North American copper scrap prices record marginal decline on 17th Dec, 2016

Published: Dec 19, 2016 19:36
The North American copper scrap prices edged marginally lower on ScrapMonster Price Index  as on December 17th, Saturday.

By Carolina Curiel
December 19, 2016 06:00:52 AM

MONTREAL (Scrap Monster): The North American copper scrap prices edged marginally lower on ScrapMonster Price Index  as on December 17th, Saturday.

The price of Alternator scrap remained unchanged over the previous day. The price of #1 Copper Wire and Tubing declined by $0.05 per Lb. #2 Copper Wire and Tubing prices were also down by $0.05 per Lb. The price of #1 Copper Bare Bright too went lower by $ 0.05 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery declined marginally by $0.02 per Lb over the previous day. #2 Insulated Copper Wire 50% Recovery prices too were down by $0.01 per Lb at $0.87 per Lb. #3 Copper-Light copper prices dropped by $0.05 per Lb to reach $2.04 per Lb.

The prices of Copper Radiator scrap dropped by $0.02 per Lb 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 December 7th, 2016.

Harness Wire 35% Recovery and Heater cores prices were down by $0.01 per Lb each over the previous day.

The price of Romex Wire was down by $0.02 per Lb at $1.25 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.

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.

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