LONDON (Scrap Monster): In addition, the value of copper, brass as well as that of aluminum declined down due to the lower offtake, by the consuming industries. In the global markets of London, the trade of copper was flat in the early trade for nearly 4 and a half years low, as the investors of the company waited for the Chinese data for cues, while the market is looking forward in order to set to post its worst annual decline, in the last three years in the concerns of the world’s largest consumer.
The value of tin hiked by .16 dollars per kilogram, and reached to 23.27 dollars, the closing level of the market, on Tuesday were reported to be 23.11 dollars. The value of nickel also gained by 0.08 dollars per kilograms, and reached to about 17 dollars, against the overnight level of 16 dollars.
The value of copper cable scrap, copper utensils scrap, and also the copper wire bar, hiked up by 0.02 dollars per kilogram, and reached at about 7.44 dollars, 6.73 dollars and also 7.88 dollars respectively.
The value of copper sheet cutting , brass utensils scrap and also aluminum ingots declined by 0.03 dollars per kilogram to 6.97 dollars, 5.34 dollars, and 2.71 dollars respectively.
Copper Scrap View All | |
Alternator | 0.31 (0) |
#1 Copper Bare Bright | 3.65 (0.02) |
Aluminum Scrap View All | |
356 Aluminum Wheels (Clean) | 0.71 (-0.01) |
6061 Extrusions | 0.62 (-0.01) |
Steel Scrap View All | |
#1 Bundle | 475.00 (0) |
#1 Busheling | 495.00 (0) |
Electronics Scrap View All |