Metal & Recycling News

Waste & Recycling Metals & Steel Precious Metals Mining

U.S. Steel Announced First Quarter 2024 Results

David B. Burritt, President and Chief Executive Officer, U.S. Steel said that the company delivered solid first quarter results.

WGC: Gold Bar and Coin Demand Surged in Q1 2024

The Chinese bar and coin demand stood at 110 tonnes, surging higher by 68% over the previous year.

Steel Scrap Prices: Weekly Market Report – 3rd May, 2024

The LME Steel Scrap CFR Turkey (Platts) Month 2 Closing price as on 2nd May, 2024 stood at $383.00 per tonne.

West Fraser Records Q1 Profit of $35M on Flat Sales

This year’s first quarter also improved on Q4 2023 when West Fraser posted a $153 million loss on $1.514 billion in sales.

2nd May, 2024: North American Scrap Metal Prices Unmoved on Index

Meantime, prices of 5052 Scrap and 6061 Extrusions remained flat when compared with the previous day.

Nevada Gold Mines Celebrates Official Opening of Goldrush Mine

The 24-year underground mine is expected to provide 500 jobs during its construction and employment for 570 people once operational.

Copper Scrap Prices: Weekly Market Report- 3rd May, 2024

Meantime, the closing price of LME Copper 3-Month contract stood at USD 9,783.00 per tonne as on 2nd May, 2024.

Botswana, Namibia Launch National E-Waste Monitors

The establishment of a national e-waste monitor marks the initial step toward ensuring an updated baseline to strengthen the capacity to effectively manage the e-waste sector.

2nd May, 2024: Scrap Gold and Silver Prices Dipped, Platinum Surged on Index

In the Non-Hallmarked category, the 14 carat gold scrap prices edged lower by $ 14.25 per Oz.

Gold Price Forecast: Bearish Signals Point to Deeper Retracement

Although the bull trend remains well intact a deeper retracement is likely before it is ready to resume.

Aluminum Scrap Prices: Weekly Market Report- 3rd May, 2024

The LME Aluminum Cash Settlement contract dipped lower marginally from $2,554.50 a day before to $2,510.00 per tonne.

United States Scrap Metal Prices

Lead-Solid Lead	0.70$US/Lb
Lead Wheel Weights	0.24$US/Lb
Scrap Auto Batteries	0.22$US/Lb
Aluminum Radiators	0.36$US/Lb
MLC Clips	0.74$US/Lb
6061 Extrusions	0.64$US/Lb
UBC	0.72$US/Lb
356 Aluminum Wheels (Clean)	0.73$US/Lb