7th February, 2018-North American Scrap Metal Prices See Substantial Drop on Index

TORONTO (Scrap Monster): The North American copper scrap prices tumbled on ScrapMonster Price Index  as on December 5^th, Tuesday. Aluminum and Copper scrap prices declined on Index. Brass, Bronze and Stainless Steel scrap prices dropped over the previous day. Meantime, Steel scrap prices remained unchanged.

Copper Scrap Prices

Alternator prices dropped by $0.01 per Lb when compared with the previous day. The price of #1 Copper Wire and Tubing slipped by $0.10 per Lb. #2 Copper Wire and Tubing prices were also down by $0.10 per Lb. The price of #1 Copper Bare Bright also went lower by $ 0.10 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery declined by $0.04 per Lb. #2 Insulated Copper Wire 50% Recovery prices too were down by $0.02 per Lb from the previous day prices. #3 Copper-Light copper prices dropped by $0.10 per Lb.

The prices of Copper Radiator registered decline of $0.03 per Lb over the previous day.

Copper Transformer scrap prices dropped marginally by $0.01 per Lb.

Cu Yokes, Cu/Al Radiators and Cu/Al Radiators/Fe prices dropped by $0.02 per Lb each over the previous day.

Cu/Al Radiator Ends too were down by $0.01 per Lb.

Meanwhile, Romex Wire prices saw decline of $0.03 per Lb on February 7^th.

Harness Wire 35% Recovery prices decreased by $0.02 per Lb. The prices of Heater Cores too witnessed marginal decline of $0.02 per Lb.

Scrap Electric Motors and Sealed units were down by $0.01 per Lb.

Starters and Xmas Lights declined slightly by $0.01 per Lb each over the previous day.

Aluminum Scrap Prices

1100 Scrap prices declined by $0.01 per Lb. The prices of 3003 Scrap too fell $0.01 per Lb. A down move of $0.01 per Lb was witnessed in 356 Aluminum Wheels. Meantime, 6063 Extrusions and 6063 Extrusions/Fe, 5052 Scrap and 6061 Extrusions prices fell by $0.01 per Lb each.

The prices of Al/Cu Radiators dropped by $0.02 per Lb from the previous day. Al/Cu Radiators/Fe prices declined by $0.02 per Lb. The prices of Aluminum Radiators dropped by $0.01 per Lb.

Meantime, Aluminum Transformer and Breakage 50% Recovery held steady over the previous day on February 7^th.

Chrome Wheels and Litho Sheets too witnessed decline of $0.01 per Lb each.

E.C Aluminum Wire prices slipped by $0.02 per Lb.

The prices of Mixed Aluminum Turnings and Aluminum Radiators/Fe saw decline by $0.01 per Lb each.

MLC Clips declined marginally by $0.01 per Lb.

Old Sheet, Old Cast, Painted Siding, UBC and Zorba 90% NF prices were down marginally by $0.01 per Lb.

Steel Scrap Prices

#1 Bundle prices remained flat at $365 per MT.

The prices of #1 Busheling and #1 HMS too reported no change on 7^th February, 2018.

HMS 80/20 prices held steady at $280 per MT.

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

Stainless Steel Scrap Prices

201 SS and 301 SS prices held steady.

304 SS Solid prices declined by $0.01 per Lb to reach $0.49 per Lb over the previous day.

309 SS prices declined marginally by $0.01 per Lb.

304 SS Turning witnessed no variation in prices on 7^th February, 2018.

310 SS and 316 SS Solid prices dropped by $0.01 per Lb each.

Meantime, 330 SS prices witnessed a decline of $0.02 per Lb.

Brass/Bronze Scrap Prices

The prices of 70/30 Brass Scrap inched lower by $ 0.03 per Lb.

80/20 Brass Scrap also declined by $ 0.03 per Lb to $1.60 per Lb.

The price of 85/15 Brass was down by $ 0.03 per Lb to reach $ 1.76 per Lb.

Brass Radiator prices dropped by $0.02 per Lb.

Brass Radiator/Fe Scrap prices were down by $0.01 per Lb on February 7^th, 2018.

Brass Radiator Ends prices declined marginally by $0.01 per Lb.

The prices of Red Brass, Rod Borings and Yellow Brass declined by $0.03 per Lb each.

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