North American Scrap Prices Rose Sharply on Index on 29th June, 2017

By Carolina Curiel

TORONTO (Scrap Monster): The North American copper scrap prices edged higher marginally on ScrapMonster Price Index  as on June 29th, Thursday. Stainless Steel scrap prices too recorded slight uptick. Aluminum, Brass and Bronze scrap prices too reported marginal rise on Index. Meantime, Steel and Stainless Steel scrap prices remained unchanged when compared with 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 rose by $0.03 per Lb. #2 Copper Wire and Tubing prices were also up by $0.03 per Lb. The price of #1 Copper Bare Bright went higher by $ 0.03 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery increased marginally by $0.01 per Lb over the previous day. #2 Insulated Copper Wire 50% Recovery prices were also up marginally by $0.01 per Lb on Index. #3 Copper-Light copper prices edged higher by $0.03 per Lb to touch $2.25 per Lb.

The prices of Copper Radiator scrap reported slight up move of $0.01 per Lb relative to previous day’s levels. Copper Transformer Scrap prices remained unchanged. CuYokes, Cu/Al Radiators and Cu/Al Radiators/Fe prices were up by $0.01 per Lb each.

Meanwhile, the prices of Cu/Al Radiator Ends held steady on June 29th, 2017.

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

Romex Wires prices have increased marginally by $0.01 per Lb relative to prior day.

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

Aluminum Scrap Prices

1100 Scrap prices moved higher by $0.01 per Lb. The prices of 3003 Scrap too increased $0.01 per Lb. An up move of $0.01 per Lb was witnessed in 356 Aluminum Wheels. Meantime, 5052 Scrap and 6061 Extrusions price saw marginal increase of $0.01 per Lb each over the day. 6063 Extrusions and 6063 Extrusions/Fe prices too were up by $0.01 per Lb each.

The prices of Al/Cu Radiators and Al/Cu Radiators/Fe increased by $0.01 per Lb over the previous day. The prices of Aluminum Radiators/Fe remained unchanged. Aluminum Radiators prices saw marginal rise of $0.01 per Lb. Breakage 50% Recovery and Aluminum Transformer prices were unchanged on 29th June.

Chrome Wheels witnessed rise of $0.01 per Lb. Mixed Aluminum Turnings held steady over the previous day.

E.C Aluminum Wire and MLC Clips were up by $0.02 per Lb and $0.01 per Lb respectively.

The prices of Old Cast, Litho Sheets and Old Sheet increased by $0.01 per Lb.

Painted Sliding and UBC prices were up by $0.01 per Lb.

Zorba 90% NF prices remained flat over the previous day.

Steel Scrap Prices

#1 Bundle prices remained unchanged at $345 per MT.

The prices of #1 Busheling and #1 HMS too witnessed no change on 29th June, 2017.

HMS 80/20 prices were steady at $265 per MT.

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

Stainless Steel Scrap Prices

201 SS and 301 SS prices held steady.

304 SS Solid prices remained unchanged at $0.47 per Lb over the previous day. 309 SS prices too recorded no change in prices.

304 SS Turning witnessed no change in prices on 29th June, 2017.

310 SS and 330 SS prices saw no variation on a daily basis.

Meantime, 316 SS Solid prices held steady at $0.67 per Lb.

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in the North American region witnessed slight uptick on Index.

70/30 Brass Scrap and 80/20 Brass Scrap climbed higher by $0.01 per Lb each.

85/15 Brass Scrap and Brass Radiator scrap prices increased by $0.02 per Lb and $0.01 per Lb respectively on June 29, 2017.

Brass Radiator /Fe and Brass Radiator Ends prices maintained the previous day price levels.

Red Brass, Red Borings and Yellow Brass prices surged higher by $0.02 per Lb each on Index.