Scrap Metal Prices

CME METAL Prices  

SHFE METAL Prices

Scrap Metal Prices & Recycling News
olympus-ims.com
oxford-instruments.com
US copper wire manufacturer International Wire Q4 earnings dip by 43%
Lead poisoning rampant in India battery recycling
Chinese steel production advances; prices still on top: CISA

US copper wire manufacturer International Wire Q4 earnings dip by 43%

By (ScrapMonster Author)
March 21, 2012 07:14:55 AM
Fourth-quarter net income for US copper wire manufacturer International Wire fell nearly 43% due to lack of inventory liquidation at the end of the year.

WASHINGTON (Scrap Monster): Fourth-quarter net income for US copper wire manufacturer International Wire fell nearly 43% due to lack of inventory liquidation at the end of the year.

Fourth-quarter net income dipped to $3.6 million compared with $6.3 million in the fourth quarter of 2010 due to a lack of last-in, first-out out liquidation at the end of the year, the company said.

Total pounds of product sold in the fourth quarter of 2011 increased by 16.1% compared to the fourth quarter of 2010.

Full-year 2011 net income slipped slightly to $20.1 million compared with $20.5 million in 2010.

International Wire is the largest bare copper wire and copper wire products manufacturer in the United States with expanding operations in Europe.

Also Read:
Start a discussion or add a comment
360
December 5th 2013
Furthering its mission to help automakers meet stringent fuel economy requirements, the Steel Market Development Institute‚Äôs (SMDI) Automotive Applications Council…
October 7th 2013
The USA West Coast Copper Scrap Prices reported a positive up move today on October 4th Friday as on the…
September 30th 2013
According to data, the scrap imports by Korea during the month of August declined year-on-year
September 24th 2013
The scrap prices in India mostly trended lower as on September 23rd Monday
Paul Ploumis

Paul Ploumis
(ScrapMonster Author)

Paul Ploumis is the Scrap Monster Founder and CEO.  With years of experience in the Scrap and Recycling industry, he
Scrap Metal Prices
ItemPriceUnit
Old Sheet0.44$US / Lb
6063 Extrusions0.57$US / Lb
6061 Extrusions0.54$US / Lb
Zorba 90% NF0.44$US / Lb
Alternator0.28$US / Lb
#1 Copper Wire and Tubing1.79$US / Lb
B
Scrap Metal Recycling
Richmond
L
Automotive Recycling
Dandenong South
M
Non-Ferrous Metal Recycling
I
Scrap Metal Recycling
K
Computer & Electronics Recycling
Uttaradit