6th May, 2024: North American Scrap Metal Prices Soared on Index

TORONTO (Scrap Monster): The North American scrap metal prices remained mostly unchanged on ScrapMonster Price Index  as on May 6^th, Monday. Aluminum and Stainless Steel scrap prices witnessed no change on Index. Copper scrap prices surged higher over the previous day. Also, Brass, Bronze and Steel scrap prices inched higher on Index.

Copper Scrap Prices

The price of Alternator scrap remained unchanged over the previous day. The price of #1 Copper Wire and Tubing increased by $0.05 per Lb. #2 Copper Wire and Tubing prices were also up by $0.05 per Lb. The price of #1 Copper Bare Bright went higher by $ 0.05 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery were up by $0.01 per Lb over the day. #2 Insulated Copper Wire 50% Recovery prices too increased by $0.01 per Lb on Index. #3 Copper-Light copper prices surged higher by $0.05 per Lb from previous day’s level.

The prices of Copper Radiator scrap edged higher by $0.01 per Lb from previous day’s levels. Copper Transformer Scrap prices remained unchanged. Cu Yokes 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 May 6th, 2024.

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

The price of Romex Wire soared by $0.01 per Lb 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 May 6^th, 2024.

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

Chrome Wheels and remained flat on Index.

Romex Wire prices too were unchanged on Index.

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 were flat over the previous day.

The prices of #1 Busheling and #1 HMS too witnessed no change on May 6^th, 2024.

HMS 80/20 prices held steady on Index.

The prices of Sheet Metal, Shredded Auto Scrap and Structural Steel also were unchanged 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 May 6^th, 2024.

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

330 SS prices were flat.

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

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in the North American region held steady on Index.

70/30 Brass Scrap, 80/20 Brass Scrap, 85/15 Brass Scrap and Brass Radiator scrap prices were up by $0.02 per Lb each on Monday, May 6^th, 2024.

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

Red Brass, Red Borings and Yellow Brass prices edged higher by $0.02 per Lb each on Index.

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