06 Jun 2012 Last updated at 09:44:09 GMT
SHANGHAI (Scrap Monster): Shanghai Futures Exchange copper prices advanced on Wednesday after market sentiment lifted in the wake of Tuesday's G7 talks.
Shanghai Futures Exchange September copper settled at 53,680 yuan ($8,453) per tonne, advanced 210 yuan from the previous trading day.
"The overnight G7 talks soothed some nerves, quietening down some of the bears," said Capital Futures analyst.
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North American Scrap Prices
Scrap Name
Price
High/Low
- 6063 Extrusions
- 0.81
- 0

- 6061 Extrusions
- 0.80
- 0

- #1 Copper Bare Br..
- 3.11
- -0.07

- # 1 Copper Wire a..
- 2.99
- -0.09

- # 2 Copper Wire a..
- 2.81
- -0.08

- Yellow Brass
- 2.14
- -0.02

- Scrap Electric Mo..
- 0.40
- +0.01

- Old Sheet
- 0.68
- -0.02

- Al/Cu Radiators
- 1.64
- 0

- Old Cast
- 0.71
- -0.01

- Alternator
- 0.64
- 0

- Zorba 90% NF
- 0.71
- 0

- 304 SS Solid
- 0.67
- +0.02


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