North American copper scrap prices trend higher on Index on 19th May, 2017

Published: May 22, 2017 15:02

Save

The North American copper scrap prices climbed higher marginally on ScrapMonster Price Index as on May 19th, Friday.

By Carolina Curiel
May 22, 2017 02:30:25 AM

TORONTO (Scrap Monster): The North American copper scrap prices climbed higher marginally on ScrapMonster Price Index as on May 19^th, Friday.

The price of Alternator scrap remained unchanged over the previous day. The price of #1 Copper Wire and Tubing rose by $0.04 per Lb. #2 Copper Wire and Tubing prices were also up by $0.04 per Lb. The price of #1 Copper Bare Bright went higher by $ 0.04 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery increased marginally by $0.02 per Lb. #2 Insulated Copper Wire 50% Recovery prices too were up marginally by $0.01 per Lb over the previous day. #3 Copper-Light copper prices went higher by $0.04 per Lb to touch $2.14 per Lb.

The prices of Copper Radiator scrap increased by $0.01 per Lb relative to previous day’s levels. Copper Transformer Scrap prices remained unchanged. CuYokes and Cu/Al Radiator Ends prices reported marginal rise of $0.01 per Lb each from the previous day.

Meanwhile, the prices of Cu/Al Radiators and Cu/Al Radiators/Fe witnessed rise of $0.01 per Lb each on May 19^th, 2017.

Heater Cores and Harness Wire 35% Recovery prices were up by $0.01 per Lb each.

Romex Wires prices were up by $0.02 per Lb relative to prior day.

The prices of Scrap Electric Motors, Starters, Sealed units and Xmas Lights maintained previous day price levels.

copper scrap copper prices scrap metals

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

38 mins ago

[India’s Vehicle Retail Sales Rise 17.51% YoY in August]

India's overall vehicle retail sales touched 2.42 million units in August 2026, the best-ever August on record, growing 17.51% year-on-year but dropped 6.48% compared to July. The yearly jump mainly happened because last year's sales were low, as buyers had delayed their purchases while waiting for the GST 2.0 rate cut. The monthly dip is just a normal slowdown after July's record numbers, with some festive buying like Ganesh Chaturthi and Onam shifting to September this year. Within this, Passenger Vehicle (PV) sales stood at 402,398 units, up 16.14% YoY, though down 3.40% MoM. Adding to the story, alternative-fuel vehicles (CNG, hybrid, EV) overtook petrol cars for the first time in India's history, at 41.95% share versus petrol's 40.85%, as buyers increasingly shift away from petrol due to running-cost savings and hesitation around the E20 fuel change.

38 mins ago

1 hour ago

Secondary Aluminum Market Rises; ADC12 Prices Up, Raw Material Costs Pressured Amid Stricter Scrutiny

[SMM Aluminum Alloy Alert] The secondary aluminum market consolidated on a strong note today. SMM ADC12 prices rose by 50 yuan/mt from the previous trading day. Raw material side, compliant aluminum scrap procurement became more difficult. Particularly, with reverse invoicing supervision further tightened in Henan, Jiangxi, and other regions recently, some areas saw business suspensions or intensified inspections, putting upward pressure on enterprises' actual raw material costs. Demand side, although end-user orders improved from the off-season, no significant volume increase has emerged yet. The traditional peak season effect is still in a gradual realization phase, and downstream buyers mainly made just-in-time procurement.

1 hour ago

3 hours ago

Macro headwinds marginally blunt, coupled with active market trading, the most-traded SHFE tin contract rebounds after dipping [SMM Tin Midday Review]

[SMM Tin Midday Review: Macro Headwinds Marginally Diminish and Active Market Trading Drive the Most-Traded SHFE Tin Contract to Rebound from Lows]

3 hours ago