North American copper scrap prices edged lower on Index on 13th April, 2017

Published: Apr 17, 2017 14:39
The North American copper scrap prices edged marginally lower on ScrapMonster Price Index  as on April 13th, Thursday.

April 17, 2017 01:00:23 AM

MONTREAL (Scrap Monster): The North American copper scrap prices edged marginally lower on ScrapMonster Price Index  as on April 13th, Thursday.

The price of Alternator scrap remained unchanged over the previous day. The price of #1 Copper Wire and Tubing declined by $0.03 per Lb. #2 Copper Wire and Tubing prices were also down by $0.03 per Lb. The price of #1 Copper Bare Bright too went lower by $ 0.03 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 remained unchanged at $0.92 per Lb. #3 Copper-Light copper prices dropped by $0.03 per Lb to reach $2.16 per Lb.

The prices of Copper Radiator scrap held steady over the day. 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 13th, 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 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
Secondary Aluminum Industry Sees Sharp 11.4% Drop in Operating Rates Ahead of Chinese New Year Holiday
1 hour ago
Secondary Aluminum Industry Sees Sharp 11.4% Drop in Operating Rates Ahead of Chinese New Year Holiday
Read More
Secondary Aluminum Industry Sees Sharp 11.4% Drop in Operating Rates Ahead of Chinese New Year Holiday
Secondary Aluminum Industry Sees Sharp 11.4% Drop in Operating Rates Ahead of Chinese New Year Holiday
[SMM Aluminum Alloy Express] The operating rate of leading enterprises in the secondary aluminum industry fell sharply by 11.4 percentage points WoW this week. As the Chinese New Year holiday approached, secondary aluminum producers began shutting down furnaces and taking holidays starting from February 5. The scope of shutdowns continued to expand during the week, with large and medium-sized aluminum plants basically entering the holiday period around the 12th. Market shipments nearly came to a halt, and the industry's production pace slowed down significantly, with the operating rate quickly pulling back to a periodic low. It is expected that after the holiday, as enterprises gradually resume production, the operating rate will rebound noticeably. However, the initial recovery pace will
1 hour ago
SMM ADC12 Price Stable at 23,650 Yuan/mt as Market Enters Pre-Holiday Lull
1 hour ago
SMM ADC12 Price Stable at 23,650 Yuan/mt as Market Enters Pre-Holiday Lull
Read More
SMM ADC12 Price Stable at 23,650 Yuan/mt as Market Enters Pre-Holiday Lull
SMM ADC12 Price Stable at 23,650 Yuan/mt as Market Enters Pre-Holiday Lull
[SMM Aluminum Alloy Daily Report] SMM ADC12 price remained stable at 23,650 yuan/mt. Currently, upstream and downstream enterprises have entered the Chinese New Year holiday period one after another, most small and medium-sized secondary aluminum plants have shut down furnaces for the holiday, and large enterprises also arranged holidays starting today, with market shipments basically suspended. Against the backdrop of simultaneous cooling on both supply and demand sides, spot quotations and actual transactions significantly weakened, and the overall market entered a pre-holiday lull state.
1 hour ago
Gravita India to Acquire Rashtriya Metal Industries, Expanding into Copper Alloys
4 hours ago
Gravita India to Acquire Rashtriya Metal Industries, Expanding into Copper Alloys
Read More
Gravita India to Acquire Rashtriya Metal Industries, Expanding into Copper Alloys
Gravita India to Acquire Rashtriya Metal Industries, Expanding into Copper Alloys
Gravita India has agreed to acquire Rashtriya Metal Industries for roughly ₹800 crore, marking the company’s entry into the copper alloy segment and broadening its footprint beyond lead recycling into broader metal recycling and manufacturing.
4 hours ago
North American copper scrap prices edged lower on Index on 13th April, 2017 - Shanghai Metals Market (SMM)