Market Update-Nov 7, 2016: North American copper scrap prices rise sharply

TORONTO (Scrap Monster): The North American copper scrap prices rose sharply on ScrapMonster Price Index  as on November 7^th, Monday.

Alternator prices witnessed marginal rise of $0.01 per Lb during the 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 also went higher by $ 0.04 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery and #2 Insulated Copper Wire 50% Recovery went higher by $0.02 per Lb each from the previous day. The prices of #3 Copper-Light copper were up by $ 0.04 per Lb.

The prices of Cu Yokes and Copper Transformer Scrap were up by $0.01 per Lb on November 7^th.

Copper Radiator prices were up by $0.01 per Lb at $1.36 per Lb.

Cu/Al Radiator Ends prices edged higher by $0.01 per Lb over the day.

The price of Cu/Al Radiators and Cu/Al Radiators/Fe increased by $0.01 per Lb each.

Heater Cores prices rose by $0.02 per Lb. Harness Wire 35% Recovery prices too appreciated by $0.02 per Lb.

Meanwhile, Romex Wire prices edged higher by $0.02 per Lb over the previous day.

Scrap Electric Motors and Sealed units saw price rise of $0.01 per Lb each.

Starters and Xmas Lights prices went higher by $0.01 per Lb each.

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