6th January, 2021: North American Scrap Metal Prices Soared on Index

TORONTO (Scrap Monster): The North American copper scrap prices remained flat on ScrapMonster Price Index  as on January 6^th, Wednesday. Steel and Aluminum scrap prices saw no change on Index. Stainless Steel, Brass and Bronze scrap prices surged higher over the previous day.

Copper Scrap Prices

The price of Alternator scrap remained flat over the previous day. The price of #1 Copper Wire and Tubing held steady. #2 Copper Wire and Tubing prices were also flat when compared with the prior day. The price of #1 Copper Bare Bright remained stable.

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 witnessed no change 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 6^th, 2021.

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 remained flat over the day. The prices of 3003 Scrap too were steady on Index. The prices of 356 Aluminum Wheels and 6063 Extrusions/Fe too were unchanged.

The prices of 6063 Extrusions held steady over the day.

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

The prices of Al/Cu Radiators and Al/Cu Radiators/Fe remained flat. Aluminum Radiators and Aluminum Radiators/Fe prices held steady. Aluminum Transformers and Breakage 50% Recovery prices remained unchanged on January 6^th, 2021.

Chrome Wheels remained flat on Index.

E.C Aluminum Wire prices held steady over the previous day.

Litho Sheets and MLC Clips witnessed no change from previous day’s levels.

Mixed Aluminum Turnings prices too remained unchanged.

The prices of Old Cast and UBC saw no change over the previous day.

Old Sheet, Painted Siding and Zorba 90% NF prices too held steady.

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 6^th January, 2021.

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 prices reported no change.

301SS and 304 SS Solid prices inched higher by $0.01 per Lb over the previous day.

304 SS Turning witnessed no change in prices on January 6^th, 2021.

309 SS and 310 SS prices were up by $0.01 per Lb each on a daily basis.

330 SS prices were up by $0.03 per Lb from the prior day.

Meantime, 316 SS Solid prices inched higher by $0.02 per Lb on Index.

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in the North American region increased marginally on Index.

70/30 Brass Scrap, 80/20 Brass Scrap and 85/15 Brass Scrap prices reported no change in prices on Wednesday, January 6^th, 2021.

Brass Radiator scrap prices were up by $0.01 per Lb on Index.

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

Red Brass, Red Borings and Yellow Brass prices too were up by $0.02 per Lb each on Index.

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