North American Scrap Market Update- Tuesday, June 20, 2017

Published: Jun 21, 2017 15:13

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The North American copper scrap prices edged marginally lower on ScrapMonster Price Index as on June 20th, Tuesday.

By Paul Ploumis
June 21, 2017 02:20:24 AM

MONTREAL (Scrap Monster): The North American copper scrap prices edged marginally lower on ScrapMonster Price Index as on June 20^th, Tuesday. Aluminum and Steel scrap prices remained mostly unchanged. Stainless Steel scrap, Brass scrap and Bronze scrap prices recorded marginal decline over the previous day.

Copper Scrap Prices

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 witnessed marginal decline of $0.02 per Lb over the previous day. #2 Insulated Copper Wire 50% Recovery prices were down by $0.01 per Lb at $0.91 per Lb. #3 Copper-Light copper prices dropped by $0.03 per Lb to reach $2.14 per Lb.

The prices of Copper Radiator scrap declined marginally by $0.01 per Lb. 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 June 14^th, 2017.

Harness Wire 35% Recovery, Heater cores and Romex Wire registered decline of $0.01 per Lb each when matched with the previous day.

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

Aluminum Scrap Prices

1100 Scrap prices remained flat over the day. The prices of 3003 Scrap too were flat at $0.63 per Lb. The prices of 356 Aluminum Wheels and 6063 Extrusions/Fe too were unchanged.

The prices of 6063 Extrusions held steady over the day.

Meantime, prices of 5052 Scrap and 6061 Extrusions remained flat at $0.60 per Lb and $0.58 per Lb respectively.

The prices of Al/Cu Radiators and Al/Cu Radiators/Fe remained flat. Aluminum Radiators and Aluminum Radiators/Fe prices held steady. Aluminum Transformers and Breakage 50% Recovery prices remained unchanged on 20^th June, 2017.

Chrome Wheels and E.C Aluminum Wire prices saw no change over the previous day.

Litho Sheets and MLC Clips remained flat at $0.63 per Lb and $0.61 per Lb respectively.

Mixed Aluminum Turnings prices too remained unchanged.

The prices of Old Cast and UBC witnessed no change over the previous day.

Old Sheet, Painted Siding and Zorba 90% NF prices too held steady.

Steel Scrap Prices

#1 Bundle prices held steady at $345 per MT.

The prices of #1 Busheling and #1 HMS too witnessed no change on 20^th June, 2017.

HMS 80/20 prices remained flat at $265 per MT.

Sheet Metal, Shredded Auto Scrap and Structural Steel also reported no change in prices over the day.

Stainless Steel Scrap Prices

201 SS and 301 SS prices held steady.

304 SS Solid prices declined marginally by $0.01 per Lb over the previous day. 309 SS prices too reported similar decline.

304 SS Turning witnessed no change in prices on 20^th June, 2017.

310 SS and 330 SS prices dropped by $0.02 per Lb each.

Meantime, 316 SS Solid prices were down by $0.01 per Lb over the previous day.

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in the North American region declined slightly on Index.

70/30 Brass Scrap, 80/20 Brass Scrap, 85/15 Brass Scrap and Brass Radiator scrap prices declined by $0.01 per Lb each on June 20, 2017.

Brass Radiator /Fe and Brass Radiator Ends saw no change in prices.

Red Brass, Red Borings and Yellow Brass prices declined by $0.01 per Lb each.

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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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