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.
For queries, please contact William Gu at williamgu@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn