9th May, 2017- North American copper scrap prices witness huge drop on Index

TORONTO (Scrap Monster): The North American copper scrap prices declined sharply on ScrapMonster Price Index  as on May 9^th, Tuesday.

Alternator prices remained unchanged on Index compared with the previous day. The price of #1 Copper Wire and Tubing slipped by $0.04 per Lb. #2 Copper Wire and Tubing prices were also down by $0.04 per Lb. The price of #1 Copper Bare Bright also went lower by $ 0.04 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery declined by $0.02 per Lb. #2 Insulated Copper Wire 50% Recovery prices too were down by $0.01 per Lb from the previous day prices. #3 Copper-Light copper prices dropped sharply by $0.04 per Lb.

The prices of Copper Radiator registered decline of $0.02 per Lb over the previous day.

Copper Transformer scrap prices held steady.

Cu/Al Radiator Ends prices edged lower by $0.01 per Lb.

Cu/Al Radiators/Fe and Cu Yokes prices dropped by $0.01 per Lb each over the previous day.

Meanwhile, Romex Wire prices saw decline of $0.02 per Lb on May 9^th.

Harness Wire 35% Recovery prices decreased by $0.01 per Lb. The prices of Heater Cores too witnessed marginal decline of $0.02 per Lb.

Scrap Electric Motors, Sealed units, Starters and Xmas Lights witnessed no change in prices over the previous day.

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