North American copper scrap prices declined sharply on Index on 3rd May, 2017

Published: May 4, 2017 14:05
The North American copper scrap prices declined sharply on ScrapMonster Price Index  as on May 3rd, Wednesday.

May 04, 2017 02:00:39 AM

TORONTO (Scrap Monster): The North American copper scrap prices declined sharply on ScrapMonster Price Index  as on May 3rd, Wednesday.

Alternator prices witnessed decline of $0.01 per Lb over the previous day. The price of #1 Copper Wire and Tubing slipped by $0.09 per Lb. #2 Copper Wire and Tubing prices were also down by $0.09 per Lb. The price of #1 Copper Bare Bright also went lower by $ 0.09 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery declined by $0.03 per Lb. #2 Insulated Copper Wire 50% Recovery prices too were down by $0.02 per Lb from the previous day prices. #3 Copper-Light copper prices dropped sharply by $0.09 per Lb.

The prices of Copper Radiator declined by $0.02 per Lb over the previous day.

Copper Transformer scrap and Cu/Al Radiator Ends prices dropped by $0.01 per Lb each on the Index.

Cu/Al Radiators/Fe and Cu Yokes prices dropped by $0.01 per Lb and $0.02 per Lb respectively over the previous day.

Meanwhile, Romex Wire prices saw decline of $0.03 per Lb on May 3rd.

Harness Wire 35% Recovery prices decreased by $0.02 per Lb. The prices of Heater Cores too witnessed marginal decline of $0.01 per Lb.

Scrap Electric Motors and Sealed units were down marginally by $0.01 per Lb each.

Starters and Xmas Lights too declined by $0.01 per Lb each over the previous day.

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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