North American copper scrap prices record marginal decline on Index on 6th April, 2017

Published: Apr 7, 2017 13:34
The North American copper scrap prices edged marginally lower on ScrapMonster Price Index  as on April 6th, Thursday.

April 07, 2017 01:00:14 AM

MONTREAL (Scrap Monster): The North American copper scrap prices edged marginally lower on ScrapMonster Price Index  as on April 6th, Thursday.

The price of Alternator scrap remained unchanged over the previous day. The price of #1 Copper Wire and Tubing declined by $0.02 per Lb. #2 Copper Wire and Tubing prices were also down by $0.02 per Lb. The price of #1 Copper Bare Bright too went lower by $ 0.02 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery declined marginally by $0.01 per Lb. #2 Insulated Copper Wire 50% Recovery prices were flat at $0.93 per Lb. #3 Copper-Light copper prices dropped by $0.02 per Lb to reach $2.22 per Lb.

The prices of Copper Radiator scrap remained flat. 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 April 6th, 2017.

Harness Wire 35% Recovery and Heater cores prices witnessed no change.

The price of Romex Wire remained unchanged 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.

For any inquiries or for 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
[SMM Analysis] US Refined Copper Tariff Uncertainty Returns—What Does It Mean for Global Copper Scrap?
Sep 11, 2026 16:56
[SMM Analysis] US Refined Copper Tariff Uncertainty Returns—What Does It Mean for Global Copper Scrap?
Read More
[SMM Analysis] US Refined Copper Tariff Uncertainty Returns—What Does It Mean for Global Copper Scrap?
[SMM Analysis] US Refined Copper Tariff Uncertainty Returns—What Does It Mean for Global Copper Scrap?
[SMM Analysis: US Refined Copper Tariff Uncertainty Returns—What Does It Mean for Global Copper Scrap?] US refined copper tariff uncertainty is reshaping global copper flows. If tariffs proceed, a wider COMEX-LME spread could draw more cathode into the US and support scrap demand elsewhere. If delayed or cancelled, the spread may narrow and weaken scrap payabilities. However, low global scrap inventories and tight VAT-invoiced supply in China make a sharp correction unlikely.
Sep 11, 2026 16:56
[SMM India Domestic Market Weekly Review] Indian Domestic Steel Market Maintains Upward Trend
Sep 11, 2026 16:39
[SMM India Domestic Market Weekly Review] Indian Domestic Steel Market Maintains Upward Trend
Read More
[SMM India Domestic Market Weekly Review] Indian Domestic Steel Market Maintains Upward Trend
[SMM India Domestic Market Weekly Review] Indian Domestic Steel Market Maintains Upward Trend
The Indian domestic steel market strengthened during the week with prices increasing by 4.18-15.68USD/tonne (400–1,500INR/tonne) across key markets compared with the previous week, supported by improved demand and tighter availability. Raipur billet rose by 15.66USD/tonne (1,500INR/tonne) week on week to 454.40USD/tonne (43,500INR/tonne) EXW Raipur. Rebar prices increased by 8.35USD/tonne (800INR/tonne) to 531.66USD/tonne (50,900INR/tonne) EXW Mumbai. In Mandi Gobindgarh, HMS 1&2 (80:20) rose by 4.17USD/tonne (400INR/tonne) to 400USD/tonne (38,300INR/tonne) delivered Mandi. Ingot rose by 4.17USD/tonne (400INR/tonne) to 489.79USD/tonne (46,900INR/tonne) EXW Mandi. PDRI sponge iron prices up by 9.39USD/tonne (900INR/tonne) to 320.60USD/tonne (30,700INR/tonne) EXW Bellary. Alang Melting rose by 10.44USD/tonne (1,000INR/tonne) to 393.63USD/tonne (37,700INR/tonne) ex-yard Alang. Steel prices may remain firm in the coming week amid higher raw material costs.
Sep 11, 2026 16:39
[SMM Steel] Indian HRC Export Offers Hold Firm as European Buyers Resist Higher Prices
Sep 11, 2026 16:28
[SMM Steel] Indian HRC Export Offers Hold Firm as European Buyers Resist Higher Prices
Read More
[SMM Steel] Indian HRC Export Offers Hold Firm as European Buyers Resist Higher Prices
[SMM Steel] Indian HRC Export Offers Hold Firm as European Buyers Resist Higher Prices
[India Export] Indian HRC export indications for Europe remained at 590–600USD/tonne FOB India on September 11, with European discussions continuing at 695–700USD/tonne CFR. Some sellers mentioned 715USD/tonne CFR North Europe, but no transaction was confirmed at that level. Indian sellers held their position as reduced European spot availability, higher energy costs and expectations of seasonal production cuts supported regional mill pricing. Northern European HRC prices were around 730–750EUR/tonne EXW, while offers at 770EUR/tonne EXW continued to meet buyer resistance. Italian HRC prices were around 720–730EUR/tonne EXW, although trading remained limited as downstream buyers adopted a wait-and-see approach. Firm European domestic values consequently supported Indian export indications, but subdued spot activity, quota exposure and uncertainty over customs-clearance timing kept importers selective at the upper end of the CFR range.
Sep 11, 2026 16:28
North American copper scrap prices record marginal decline on Index on 6th April, 2017 - Shanghai Metals Market (SMM)