3rd January, 2024: North American Scrap Metal Prices Dropped on Index

TORONTO (Scrap Monster): The North American copper scrap prices dipped on ScrapMonster Price Index  as on January 3^rd, Wednesday. Aluminum scrap prices recorded marginal decline, whereas Steel scrap prices saw no change on Index. Brass scrap and Bronze scrap too reported no variation in prices over the previous day. Also, Stainless Steel Scrap prices remained flat on Index.

Copper Scrap Prices

The price of Alternator scrap remained flat over the previous day. The price of #1 Copper Wire and Tubing dropped by $0.01 per Lb. #2 Copper Wire and Tubing prices were also down by $0.01 per Lb when compared with the prior day. The price of #1 Copper Bare Bright witnessed decline by $0.01 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery remained flat over the day. #2 Insulated Copper Wire 50% Recovery prices too were unchanged. #3 Copper-Light copper prices dropped by $0.01 per Lb from previous day’s level.

The prices of Copper Radiator scrap witnessed no change from previous day’s levels. Copper Transformer Scrap prices remained unchanged. CuYokes and Cu/Al Radiator Ends prices too reported no change from the previous day.

Meanwhile, the prices of Cu/Al Radiators and Cu/Al Radiators/Fe held steady on January 3^rd, 2024.

Harness Wire 35% Recovery and Heater cores prices were flat on Index.

The price of Romex Wire witnessed no change during the day.     

The prices of Scrap Electric Motors, Sealed units, Starters and Xmas Lights saw no change from previous day price levels.

Aluminum Scrap Prices

1100 Scrap prices were down by $0.01 per Lb over the day. The prices of 3003 Scrap too declined by $0.01 per Lb. The prices of 356 Aluminum Wheels and 6063 Extrusions/Fe too were down by $0.01 per Lb.

The prices of 6063 Extrusions and 5052 Scrap dropped by $0.01 per Lb each over the day.

6061 Extrusions saw marginal decline of $0.01 per Lb.

The prices of Al/Cu Radiators/Fe and Al/Cu Radiators witnessed no change on Index.

Aluminum Radiators prices were flat over the previous day.

Aluminum Radiators/Fe prices held steady. Aluminum Transformers and Breakage 50% Recovery prices remained unchanged on 3^rd January, 2024.

Chrome Wheels and E.C Aluminum Wire prices saw marginal decline by $0.01 per Lb and $0.02 per Lb respectively.

Litho Sheets and MLC Clips dropped marginally by $0.01 per Lb each.

Mixed Aluminum Turnings prices declined by $0.01 per Lb.

The prices of Painted Siding, Old Cast and Old Sheet dropped marginally by $0.01 per Lb each.

UBC and Zorba 90% NF prices were down by $0.01 per Lb each.

Steel Scrap Prices

#1 Bundle prices remained flat over the previous day.

The prices of #1 Busheling and #1 HMS too witnessed no change on 3^rd January, 2024.

HMS 80/20 prices held steady on Index.

Sheet Metal, Shredded Auto Scrap and Structural Steel also reported no change in prices in comparison with the previous day.

Stainless Steel Scrap Prices

201 SS and 301 SS prices reported no change.

304 SS Solid prices too remained flat over the previous day.

304 SS Turning witnessed no change in prices on 3^rd January, 2024.

309 SS and 310 SS prices saw no change in price on a daily basis.

330 SS prices were flat from the prior day.

Meantime, 316 SS Solid prices too remained unchanged on Index.

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in the North American region remained totally flat on Index.

70/30 Brass Scrap, 80/20 Brass Scrap, 85/15 Brass Scrap and Brass Radiator scrap prices reported no change in prices on Wednesday, 3^rd January, 2024.

Brass Radiator /Fe and Brass Radiator Ends prices maintained the previous day price levels.

Red Brass, Red Borings and Yellow Brass prices too remained flat on Index.

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