North American Scrap Metal Prices Continued to Remain Steady on Index 2nd August, 2017

Published: Aug 3, 2017 16:39
The price of #1 Copper Wire and Tubing remained flat at $2.62 per Lb. #2 Copper Wire and Tubing prices were also unchanged at $2.52 per Lb.

By Carolina Curiel

TORONTO (Scrap Monster): The North American copper scrap prices remained unchanged on ScrapMonster Price Index  as on August 2nd, Wednesday. Aluminum and Steel scrap prices witnessed no change on Index. Stainless Steel scrap, Brass scrap and Bronze scrap prices too reported no variation 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 remained flat at $2.62 per Lb. #2 Copper Wire and Tubing prices were also unchanged at $2.52 per Lb. The price of #1 Copper Bare Bright remained stable at $ 2.72 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery remained flat over the day. #2 Insulated Copper Wire 50% Recovery prices too were unchanged. #3 Copper-Light copper prices too maintained previous day’s level at $2.42 per Lb.

The prices of Copper Radiator scrap witnessed no change from 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 August 2nd.

Harness Wire 35% Recovery and Heater cores prices remained unchanged over the day.

The price of Romex Wire witnessed no change during the day.     

The prices of Scrap Electric Motors, Sealed units, Starters and Xmas Lights reported no change from previous day price levels.

Aluminum Scrap Prices

1100 Scrap prices remained flat over the day. The prices of 3003 Scrap too were flat at $0.64 per Lb. The 356 Aluminum Wheels and 6063 Extrusions/Fe scrap prices too saw no variation.

The prices of 6063 Extrusions held steady over the day.

Meantime, prices of 5052 Scrap and 6061 Extrusions remained flat at $0.61 per Lb and $0.59 per Lb respectively.

The prices of Al/Cu Radiators and Al/Cu Radiators/Fe remained unchanged. Aluminum Radiators and Aluminum Radiators/Fe prices held steady. Aluminum Transformers and Breakage 50% Recovery prices remained unchanged on 2nd August, 2017.

Chrome Wheels and E.C Aluminum Wire prices remained flat over the day.

Litho Sheets and MLC Clips witnessed no change from previous day’s levels of $0.64 per Lb and $0.62 per Lb respectively.

Mixed Aluminum Turnings prices too remained unchanged.

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

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

Steel Scrap Prices

#1 Bundle prices remained flat at $350 per MT.

The prices of #1 Busheling and #1 HMS too witnessed no change on 2nd August, 2017.

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

Sheet Metal, Shredded Auto Scrap and Structural Steel also recorded no variation in prices when compared with the previous day.

Stainless Steel Scrap Prices

201 SS and 301 SS prices held steady.

304 SS Solid prices remained unchanged at $0.49 per Lb over the previous day. 309 SS prices too reported no change in prices.

304 SS Turning witnessed no variation in prices on 2nd August, 2017.

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

Meantime, 316 SS Solid prices were flat at $0.69 per Lb.

Brass/Bronze Scrap Prices

70/30 Brass Scrap, 80/20 Brass Scrap, 85/15 Brass Scrap and Brass Radiator scrap prices remained unchanged on August 2nd, 2017.

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

Red Brass, Red Borings and Yellow Brass prices too remained unchanged on Index.

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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