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Markets - Weekly Prices Update - 16 July 2016

 

 

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

Summary

There has been price rises for some of the high-value metal grades except for fine gold and 9ct gold which has fallen marginally after reaching a two-year high the week previously. They were down by £0.41 per gramme and £0.14 respectively to £32.78 per and £11.93 per gramme.

Across the scrap metal grades price rises are not as sharp as the previous weeks of growth, resulting in more stable prices and also some slight falls.

Only mixed brass scrap increased with a rise of £50 per tonne to £1,815 per tonne.

Bronze & gun metals had modest rises of £75 - £125 per tonne although brass and copper radiators fell by £50 per tonne to £1,725 after five weeks of consecutive gains.

Aluminium grades had a mixture of price rises and falls, with increases of £25 - £75 per tonne and small drops of £25 per tonne.

Nickel and alloy grades remained mostly stable with the exception of four grades rising slightly in price and one grade falling. 18/8 stainless steel solids rose by £20 per tonne to £600 per tonne.

Copper grades continued to rise in price this week, although increases were more modest compared to the previous two weeks of strong price gains, with rises of £25 - £175 per tonne. Copper dry bright wire rose by £50 per tonne to £3,175 per tonne.

Lead batteries fell in price by £25 per tonne to £415 per tonne.

 

PRN £/tonne change
Paper 0.89-1 -
Aluminium 22.50-23.30 -
Steel 20-25 -
Plastics 34-37 -
Glass aggregate 11-12 -
Glass remelt 11-13 -
Wood 2-3 -
Mixed energy  0.70-1 -

 

High Value Metals £/gramme change
Platinum  26.69 ↑0.64
Platinum scrap   19.46 ↑0.39
Palladium 15.32 ↑0.46
Fine gold 32.78 ↓0.41
9ct gold 11.93 ↓0.14
Fine silver 0.447 ↑0.011
925 silver 0.414 ↑0.011

 

Brass £/tonne change
Cuttings 1850-2050 -
Clean rod swarf 1650-1850 -
Unsorted brass scrap 1750-1950 -
Mixed brass scrap 1750-1875 ↑50

 

Bronze & gun metals £/tonne change
Commercial GM scrap 2300-2350 ↑100
GM borings 2175-2250 ↑75
Commercial PB scrap 2400-2500 ↑125
Brass & copper radiators 1650-1800 ↓50

 

Aluminium £/tonne change
Pure cuttings 725-800 ↑50
Mixed alloy cuttings 650-725 ↑50
Clean cast 650-750 ↓25
Old rolled 550-650 -
Irony aluminium  150-250 ↓20
Turnings 325-475 ↓25
Loose litho 625-950 -
Clean aluminium wheels 750-925 ↓25
Alu/copper radiators 1250-1450 -
Extrusion: clean 800-975 ↑25
Extrusion: painted 750-950 ↑75

 

Nickels and alloys  £/tonne change
18/8 stainless steel solids 560-640 ↑20
18/8 stainless steel turnings 280-280 -
18/10/3 stainless steel solids 800-880 ↑20
18/10/3 stainless steel turnings 380-480 -
17% chrome iron 100-160 -
13% chrome iron  80-140 -
Pure nickel solids  4700 ↑80
Pure tungsten  3700 -
Pure molybdenum  11114 ↓1436
Pure cobalt  18446 ↑924
Wrought clean monel  2460-2600 -
Monel turnings 1260-1320 -
70/30 cupronickel  2760-2980 -
90/10 cupronickel  2680-2840 ↑40
Clean tungsten carbide 3800-4000 -
18/4/1 high-speed solids 100-160 -
18/4/1 high-speed turnings  80-120 -
6/5/2 high-speed solids 100-140 -
6/5/2 high-speed turnings  70-90 -

 

Copper £/tonne change
Dry bright wire 3100-3250 ↑50
Greasy bright wire 2850-3000 ↑25
Clean flat bus bar 2800-3150 ↑150
No 1 burnt wire 2750-3100 ↑125
No 2 burnt wire 2675-2875 -
Cylinders 2575-2775 -
Clean and painted 2650-2875 ↑75
New copper tube 2850-3150 ↑175
Heavy copper 2650-2950 ↑85
Braziery copper 2450-2550 -
Clean pyro cable 1400-1500 -
PVC pyro cable  950-1150 -

 

Cables £/tonne change
Household 900-1000 -
Low grade 550-650 -
Aluminium low grade 175-225 -

 

Lead  £/tonne change
Collected scrap 800-1000 -
Batteries 375-450 ↓25

 

Zinc  £/tonne change
Zinc base scrap 400-550 ↑150
New cuttings 400-550 ↑150

 

Aluminium ingots    £/tonne change
LM2 1560 -
LM4 1600 -
LM6 1825 -
LM24 1470 -
LM25 1800 -
LM27 1580 -
Standard remelt ingots 1270 -
Mixed remelts 1250 -

 

White metals   £/tonne change
Mixed pewter 5703 -
39% tinman’s solder 4101 -
29% plumber’s solder 2765 -
Solder joints 1493
-
6% mixed type metal 1282 -
     
Ferrous Metals £-tonne change
Broken foundry cast iron  55-70 -
Foundry short steel 50-85 -
Grade 0A heavy structural and plate 45-80 -
Grade 1 5ft old steel 50-75 -
Grade 2 2ft old steel 45-60 -
Grade 4C new production steel bales 55-75 -
Grade 5C loose light steel scrap (light iron) 30-50 -
Grade 7B mixed steel turnings 35-45 -
Grade 8B mixed cuttings 50-75 -
Grade 9 heavy cast iron (over size) 35-45 -
Grade 10 light cast iron 35-50 -
Grade 11 cast iron borings 35-50 -
Grade 12 a new production heavy steel scrap  50-75 -
Car engines 65-75 -
     

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