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

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304 SS Turning witnessed no change in prices on December 5th, 2022.

TORONTO (Scrap Monster): The North American scrap metal prices declined on ScrapMonster Price Index  as on December 5th, 2022. Steel and Stainless Steel scrap prices witnessed no change on Index. Copper, Stainless Steel and Brass/Bronze scrap prices registered marginal decline, whereas Aluminum scrap prices remained more or less unchanged on Index.

Copper Scrap Prices

The price of Alternator scrap remained unchanged over the previous day. The price of #1 Copper Wire and Tubing declined by $0.07 per Lb. #2 Copper Wire and Tubing prices were also down by $0.07 per Lb. The price of #1 Copper Bare Bright edged lower by $ 0.07 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery prices witnessed a decline 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 $0.07 per Lb.

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

Copper Transformer Scrap remained unchanged.

Cu Yokes prices reported no change over the previous day.

Cu/Al Radiator Ends, Cu/Al Radiators and Cu/Al Radiators/Fe remained stable on December 5th, 2022.

Harness Wire 35% Recovery, Heater Cores and Romex Wire prices inched lower by $0.01 per Lb each over the day.

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 remained flat over the day. The prices of 3003 Scrap too were flat 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 prior day.

The prices of Al/Cu Radiators and Al/Cu Radiators/Fe remained unchanged over the day. Aluminum Radiators and Aluminum Radiators/Fe prices held steady. Aluminum Transformers and Breakage 50% Recovery prices remained unchanged on December 5th, 2022.

E.C Aluminum Wire prices dropped by $0.01 per Lb on Index.

Chrome Wheels, Litho Sheets and MLC Clips held steady at previous day price levels.

Mixed Aluminum Turnings prices too remained unchanged.

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

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

Steel Scrap Prices

#1 Bundle prices remained flat.

The prices of #1 Busheling and #1 HMS too reported no change on December 5th, 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 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 December 5th, 2022.

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

330 SS prices were flat from the prior day.

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

 Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in the North American region witnessed marginal decline on Index.

70/30 Brass Scrap, 80/20 Brass Scrap, 85/15 Brass Scrap and Brass Radiator scrap prices were down by $0.02 per Lb on Monday, December 5th, 2022.

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

Red Brass, Red Borings and Yellow Brass prices recorded decline by $0.02 per Lb on Index.

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By admin