North American copper scrap prices record marginal rise on Index on 11th May, 2017

Published: May 12, 2017 13:56
The North American copper scrap prices climbed higher marginally on ScrapMonster Price Index  as on May 11th, Thursday.

By Carolina Curiel
May 12, 2017 01:30:34 AM

TORONTO (Scrap Monster): The North American copper scrap prices climbed higher marginally on ScrapMonster Price Index  as on May 11th, Thursday.

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

The prices of #1 Insulated Copper Wire 85% Recovery held steady over the previous day. #2 Insulated Copper Wire 50% Recovery prices remained flat on Index. #3 Copper-Light copper prices went higher by $0.02 per Lb to touch $2.08 per Lb.

The prices of Copper Radiator scrap remained unchanged relative to previous day’s levels. Copper Transformer Scrap prices remained unchanged. CuYokes and Cu/Al Radiator Ends prices too reported no change from the previous day.

Meanwhile, the prices of Cu/Al Radiators and Cu/Al Radiators/Fe held steady on May 11th, 2017.

Heater Cores and Harness Wire 35% Recovery prices were unchanged on Index.

Romex Wires prices held steady relative to prior day.

The prices of Scrap Electric Motors, Starters, Sealed units and Xmas Lights maintained 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
SHFE Tin Stopped Falling and Rebounded, Closing Up 2.94%, as Macro Headwinds and Bottom Support Pulled in Opposite Directions [SMM Daily Tin Commentary]
1 hour ago
SHFE Tin Stopped Falling and Rebounded, Closing Up 2.94%, as Macro Headwinds and Bottom Support Pulled in Opposite Directions [SMM Daily Tin Commentary]
Read More
SHFE Tin Stopped Falling and Rebounded, Closing Up 2.94%, as Macro Headwinds and Bottom Support Pulled in Opposite Directions [SMM Daily Tin Commentary]
SHFE Tin Stopped Falling and Rebounded, Closing Up 2.94%, as Macro Headwinds and Bottom Support Pulled in Opposite Directions [SMM Daily Tin Commentary]
[SMM Tin Brief Commentary: SHFE Tin Stopped Falling and Rebounded, Closing Up 2.94% as Macro Pressure and Bottom Support Vied Against Each Other]
1 hour ago
Aluminum Alloy Futures Dip, Spot Market Holds Steady Amid Limited Sentiment Recovery
4 hours ago
Aluminum Alloy Futures Dip, Spot Market Holds Steady Amid Limited Sentiment Recovery
Read More
Aluminum Alloy Futures Dip, Spot Market Holds Steady Amid Limited Sentiment Recovery
Aluminum Alloy Futures Dip, Spot Market Holds Steady Amid Limited Sentiment Recovery
[SMM Daily Review of Aluminum Alloy] Futures: The aluminum alloy 2604 contract opened at 22,750 yuan/mt today. After a brief dip in early trading, it then fluctuated upward. It attempted to move higher multiple times during the session but failed to break the intraday high, gradually weakened in the afternoon, and accelerated its pullback late in the session. It finally closed at 22,585 yuan/mt, down 165 yuan/mt from the previous settlement price, a decline of 0.73%. Spot: The ADC12 market as a whole continued to hold prices steady today. Although aluminum prices showed signs of stabilizing today, market sentiment recovered only to a limited extent, and enterprises generally chose to delay price adjustments and remain on the sidelines. Demand side, downstream order improvement was not obvi
4 hours ago
SHFE Tin Pulled Back Under Pressure in Early Trading After Rebounding, Spot Transactions Weakened [SMM Tin Midday Commentary]
8 hours ago
SHFE Tin Pulled Back Under Pressure in Early Trading After Rebounding, Spot Transactions Weakened [SMM Tin Midday Commentary]
Read More
SHFE Tin Pulled Back Under Pressure in Early Trading After Rebounding, Spot Transactions Weakened [SMM Tin Midday Commentary]
SHFE Tin Pulled Back Under Pressure in Early Trading After Rebounding, Spot Transactions Weakened [SMM Tin Midday Commentary]
[SMM Tin Midday Commentary: SHFE Tin Pulled Back Under Pressure in Early Trading After Rebounding, and Spot Transactions Weakened]
8 hours ago
North American copper scrap prices record marginal rise on Index on 11th May, 2017 - Shanghai Metals Market (SMM)