Weekly Metal Price Report
Most copper grades experienced slight week-on-week declines, with #3 Copper–Light Copper scrap posting the steepest drop of 4.09% compared to the previous week.
In the meantime, hallmarked and non-hallmarked silver prices were up slightly up upon comparison with the previous week’s prices.
Copper scrap markets experienced an overall positive week-on-week trend, with prices increasing in most segments.
Silver scrap prices followed a similar upward trajectory, increasing by 16.66 percent compared with the previous week.
Aluminum scrap prices were largely stable on the Scrap Monster Price Index, except for E.C. Aluminum Wire, which slipped 0.72% from the prior week.
Broad-based dips were observed across multiple purity grades.
Aluminum scrap prices trended predominantly higher on the Scrap Monster Price Index during the week.
Platinum scrap was among the strongest performers during the week, registering a pronounced upward move.
Copper scrap markets showed a mixed performance over the week. While a few select grades posted modest increases, a comparable number of categories remained unchanged on the Index.
Even lower-grade 9-carat scrap mirrored the negative momentum, falling by 7.77 percent on a week-on-week basis.
Zinc scrap prices edged up modestly in several categories, while international steel scrap benchmarks also exhibited jump in prices, indicating rebound in market activity.
Platinum scrap emerged as a standout performer, delivering a sharp upswing over the period.
Lower-purity 9-carat scrap also registered a positive trend, recording a week-on-week rise of 5.54 percent.
In short, global scrap metal markets remained largely stable during the week, with copper prices posting mild declines while aluminum, brass, bronze, lead, zinc, and steel scrap values stayed mostly flat.
Scrap gold of 14-carat purity posted a weekly increase of $100.01 per ounce, reflecting a gradual improvement in market buying activity.
Brass and bronze scrap prices moved higher across all categories last week, with Brass Radiator/Fe leading the advance by posting a 1.35% week-on-week increase.
In the meantime, the top gainer was Aluminum Transformers, whose prces were up by 5.56% over the previous week's prices.
9-carat gold scrap posted a marginal week-on-week increase of 3.02 percent.
Copper scrap markets showed a generally upward week-on-week movement, with notable gains across multiple categories.
Global steel scrap benchmarks held steady, signaling continued softness in market conditions.
Copper scrap prices posted a mostly positive week-on-week trend, with several categories recording solid gains.
Copper scrap prices mostly recorded week-on-week increase. However, a few categories such as Cu/Al Radiators, Cu/Al Radiator Ends and Cu/Al Radiators/Fe held steady on the Index.
The most significant jumps were observed in categories such as Xmas Lights, #3 Copper- Light Copper, #2 Copper Wire and Tubing, #1 Copper Wire and Tubing, and #1 Copper Bare Bright.
Brass and bronze scrap values fell across the board last week, indicating softening buying activity for these alloy materials.
Copper scrap prices continued their upward momentum last week, with the most significant gains observed in categories such as Xmas Lights, Starters, Sealed Units, and Scrap Electric Motors.