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Markets - Weekly Prices Update - 11 November 2016

 

 

MRW’s regular reporting of movements in the markets for secondary materials

Summary

Platinum and palladium rose in price, whilst gold fell. Silver did not change.

Brass grades rose by £25 to £150 per tonne. Mixed brass scrap increaed by £150 to £2,450 per tonne.

Bronze and gun metal grades were up by £100 to £150 per tonne.

Aluminium grades fell in price this week by £25 to £50 per tonne.

Copper grades rose sharply in price with news of the US election result. Some merchants were struggling to grasp volatile market conditions mid-week. All grades rose by £100 to £250 per tonne. Copper dry bright wire prices rose by £150 to £3,700 per tonne.

Zinc rose in price by £50 per tonne.

The majority of the nickel and alloy grades rose in price this week by £10 to £674 per tonne.

 

PRN £/tonne change
Paper 0.60-0.80 -
Aluminium 12-14 -
Steel 6-7 -
Plastics 16.5 -
Glass aggregate 11.50-12.50 -
Glass remelt 12-13 -
Wood 1.5-2.00 -
Mixed energy  0.60-1 -

 

High Value Metals £/gramme change
Platinum  26.38 ↑0.45
Platinum scrap   19.23 ↑0.32
Palladium 17.58 ↑1.02
Fine gold 33.25 ↓0.83
9ct gold 12.09 ↓0.31
Fine silver 0.436 -
925 silver 0.403 -

 

Brass £/tonne change
Cuttings 2225-2325 ↑25
Clean rod swarf 2100-2200 ↑75
Unsorted brass scrap 2100-2300 ↑75
Mixed brass scrap 2400-2500 ↑150

 

Bronze & gun metals £/tonne change
Commercial GM scrap 2600-2800 ↑100
GM borings 2500-2600 ↑100
Commercial PB scrap 2800-2950 ↑150
Brass & copper radiators 2000-2100 ↑100

 

Aluminium £/tonne change
Pure cuttings 700-825 ↓50
Mixed alloy cuttings 650-750 ↓50
Clean cast 700-800 ↓25
Old rolled 550-700 ↓50
Irony aluminium  150-200 -
Turnings 400-525 ↓25
Loose litho 900-1000 -
Clean aluminium wheels 900-1000 -
Alu/copper radiators 1400-1600 -
Extrusion: clean 950-1050 ↓50
Extrusion: painted 950-1000 ↓50

 

Copper £/tonne change
Dry bright wire 3600-3800 ↑150
Greasy bright wire 3450-3700 ↑200
Clean flat bus bar 3500-3600 ↑100
No 1 burnt wire 3500-3700 ↑200
No 2 burnt wire 3300-3450 ↑200
Cylinders 3000-3300 ↑150
Clean and painted 3400-3550 ↑250
New copper tube 3550-3700 ↑150
Heavy copper 3400-3550 ↑250
Braziery copper 2900-3050 ↑150
Clean pyro cable 1500-1700 ↑100
PVC pyro cable 1300-1400 ↑100

 

Cables £/tonne change
Household 1100-1200 -
Low grade 650-700 -
Aluminium low grade 150-200 -

 

Lead  £/tonne change
Collected scrap 1200-1350 ↑50
Batteries 450-600 -

 

Zinc  £/tonne change
Zinc base scrap 800-950 ↑50
New cuttings 800-950 ↑50

 

Nickels and alloys  £/tonne change
18/8 stainless steel solids 660-700 -
18/8 stainless steel turnings 280-360 -
18/10/3 stainless steel solids 880-980 -
18/10/3 stainless steel turnings 440-500 -
17% chrome iron 160-200 ↑10
13% chrome iron 150-190 ↑10
Pure nickel solids  6100 ↑200
Pure tungsten  6900 ↑200
Pure molybdenum  11908 ↑36
Pure cobalt  23211 ↑674
Wrought clean monel 2860-3060 ↑100
Monel turnings 1660-1740 ↑60
70/30 cupronickel 3200-3400 ↑100
90/10 cupronickel 2980-3180 ↑100
Clean tungsten carbide 5800-5980 ↑100
18/4/1 high-speed solids 210-250 ↑10
18/4/1 high-speed turnings 170-200 ↑10
6/5/2 high-speed solids 210-230 ↑10
6/5/2 high-speed turnings 140-180 -

 

White metals   £/tonne change
Mixed pewter 8152 -
39% tinman’s solder 5600 -
29% plumber’s solder 4027 -
Solder joints 2232 -
6% mixed type metal 1683 -
     
Aluminium ingots    £/tonne change
LM2 1640 -
LM4 1680 -
LM6 1885 -
LM24 1550 -
LM25 1865 -
LM27 1680 -
Standard remelt ingots 1420 -
Mixed remelts 1420 -

 

Ferrous Metals £-tonne change
Broken foundry cast iron  55-80 -
Foundry short steel 45-90 -
Grade 0A heavy structural and plate 80-100 -
Grade 1 5ft old steel 55-85 -
Grade 2 2ft old steel 50-65 -
Grade 4C new production steel bales 65-85 -
Grade 5C loose light steel scrap (light iron) 45-50 -
Grade 7B mixed steel turnings 30-50 -
Grade 8B mixed cuttings 60-80 -
Grade 9 heavy cast iron (over size) 35-50 -
Grade 10 light cast iron 35-60 -
Grade 11 cast iron borings 30-60 -
Grade 12 a new production heavy steel scrap  55-90 -
Car engines 65-80 -
     

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