14th July, 2022: Chinese Scrap Metal Prices Slumped on Index

301 SS and 304 SS Solid prices were down by $0.01 per Lb each over the previous day.

TORONTO (Scrap Monster): The North American scrap metal prices registered decline on ScrapMonster Price Index  as on August 3rd, 2022. Stainless Steel and Copper scrap prices registered marginal decline. Also, Aluminum scrap prices dropped on Index. Brass/Bronze  scrap prices witnessed no change on Index.

Copper Scrap Prices

The price of Alternator scrap witnessed no change over the previous day. The price of #1 Copper Wire and Tubing declined by $0.05 per Lb. #2 Copper Wire and Tubing prices were also down by $0.05 per Lb. The price of #1 Copper Bare Bright edged lower by $ 0.05 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery prices inched lower by $0.01 per Lb on Index over the previous day. #2 Insulated Copper Wire 50% Recovery prices too were down by $0.01 per Lb. #3 Copper-Light copper prices inched lower by $0.05 per Lb.

The prices of Copper Radiator scrap were down by $0.01 per Lb on Index.

Copper Transformer Scrap and Cu Yokes prices were unchanged on Index.

Cu/Al Radiator Ends were flat on Index.

Cu/Al Radiators and Cu/Al Radiators/Fe priced held steady on August 3rd, 2022.

Harness Wire 35% Recovery and Heater Cores prices dropped by $0.01 per Lb each over the day.

Romex Wire prices were down by $0.01 per Lb on Index.

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

Aluminum Scrap Prices

1100 Scrap prices dipped by $0.01 per Lb over the day. The prices of 3003 Scrap too were down by $0.01 per Lb each on Index. The prices of 356 Aluminum Wheels and 6063 Extrusions/Fe dropped by $0.01 per Lb each from the previous day.

The prices of 6063 Extrusions inched lower by $0.01 per Lb over the day.

Meantime, prices of 5052 Scrap and 6061 Extrusions too recorded decline by $0.01 per Lb when compared with the prior day.

The prices of Al/Cu Radiators and Al/Cu Radiators/Fe were unchanged over the day. Aluminum Radiators and Aluminum Radiators/Fe prices held steady. Aluminum Transformers and Breakage 50% Recovery prices remained unchanged on August 3rd, 2022.

E.C Aluminum Wire prices dropped by $0.02 per Lb on Index.

Chrome Wheels, Litho Sheets and MLC Clips dipped by $0.01 per Lb each.

Mixed Aluminum Turnings prices remained unchanged.

The prices of Old Cast and UBC witnessed marginal dip by $0.01 per Lb each over the previous day.

Old Sheet, Painted Siding and Zorba 90% NF prices too were down by $0.01 per Lb each.

Steel Scrap Prices

#1 Bundle prices remained flat.

The prices of #1 Busheling and #1 HMS too reported no change on August 3rd, 2022.

HMS 80/20 prices held steady on Index.

Sheet Metal, Shredded Auto Scrap and Structural Steel also saw no change in prices when compared with the previous day.

Stainless Steel Scrap Prices

201 SS prices reported no change.

301 SS and 304 SS Solid prices were down by $0.01 per Lb each over the previous day.

304 SS Turning witnessed a decline by $0.01 per Lb in prices on August 3rd, 2022.

309 SS and 310 SS prices were down by $0.01 per Lb and $0.02 per Lb respectively on a daily basis.

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

Meantime, 316 SS Solid prices declined by $0.01 per Lb on Index.

 Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in the North American region witnessed no change on Index.

70/30 Brass Scrap, 80/20 Brass Scrap, 85/15 Brass Scrap and Brass Radiator scrap prices were unchanged on Wednesday, August 3rd, 2022.

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

Red Brass, Red Borings and Yellow Brass prices too recorded no change on Index.

 

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By admin