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Markets - Weekly Prices Update - 17 July 2015

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

Summary

PRN prices are unchanged.

Across secondary non-ferrous metals, aluminium and copper prices are stable,compared to last week’s prices, following thefalls recorded at the latest printed edition of MRW due to both primary metals reaching a 6-year low.

The speculation on a possible relaxation on the nickel ore ban in Indonessia has hada negative impact on nickel & alloy prices which record falls of up to £100 per tonne.

The Greek debt crisis caused the Euro to fall against the dollar. Traditionally a rise in dollar prices drives the price of gold downwards. As a result there falls are recorded across high value metals who follow gold’s market trend.

PRNs

Grade:£/tonnechange
Paper0.70-0.80-
Aluminium25-35-
Steel11.00-11.50-
Plastics25-27-
Glass:Aggregate11-13-
Glass: Remelt12-16-
Wood1.50-1.90-
Mixed Energy0.70-0.90-

 

High Value Metals

Grade:£/grammechange
Platinum21.23↓0.56
Platinum scrap15.48↓0.41
Palladium13.69↓0.08
Fine gold23.66↓0.43
9ct gold8.60↓0.16
Fine silver0.282↓0.009
925 silver0.261↓0.008

 

Non-Ferrous Metals

White metals£/tonnechange
Mixed pewter6525-
43% tinman’s solder4815-
39% tinman’s solder4290-
29% plumber’s solder3025-
Solder joints1520-
6% mixed type metal1130-

 

Aluminium ingots£/tonnechange
LM21540-
LM41550-
LM61655-
LM241515-
LM251620-
LM271540-
Standard remelt ingots1305-
Mixed remelts1240-

 

Brass£/tonnechange
Cuttings1800-1920-
Clean rod swarf1700-1980-
Unsorted brass scrap1970-2080-
Mixed brass scrap1800-1850-

 

Bronze & gun metals£/tonnechange
Commercial GM scrap2450-2750-
GM borings2300-2640↓20
Commercial PB scrap2520-2950-
Brass and copper radiators1590-1980↓10

 

Zinc£/tonnechange
Zinc base scrap500-520↓30
New cuttings500-520↓10

 

Lead£/tonnechange
Collected scrap700-850-
Batteries300-400-

 

Nickels and alloys£/tonnechange
18/8 stainless steel solids420-600-
18/8 stainless steel turnings140-300-
18/10/3 stainless steel solids720-920↓40
18/10/3 stainless steel turnings440-520↓100
17% chrome iron100-120-
13% chrome iron90-100-
Pure nickel solids5900↓80
Pure tungsten9000↓600
Pure molybdenum13540-
Pure cobalt18360-
Wrought clean monel2800-3000↓100
Monel turnings1200-1300↓100
70/30 cupronickel2800-2900↓100
90/10 cupronickel2600-2700↓100
Clean tungsten carbide7000-9000↓600
18/4/1 high-speed solids520-620-
18/4/1 high-speed turnings100-140-
6/5/2 high-speed solids300-380-
6/5/2 high-speed turnings100-160-

 

Copper£/tonnechange
Dry Bright Wire3100-3180-
Greasy Bright Wire3300-3360↓10
Clean flat bus bar3300-3370-
No1 Burnt wire2800-3150-
No 2 burnt wire2800-2970-
Cylinders3000-3070↓10
Clean and Painted3300-3360-
New copper tube2900-3380-
Heavy copper2800-2970↓10
Braziery copper2500-2670-
Clean pyro cable1700-1940↓10
PVC pyro cable1000-1280-

 

Cables£/tonnechange
Household1200-1280-
Low grade750-850-
Aluminium low grade230-290-

 

Aluminium£-tonnechange
Pure cuttings850-900-
Mixed alloy cuttings700-830-
Clean cast740-810-
Old rolled600-670-
Irony Aluminium200-440-
Turnings520-590-
Loose litho850-950-
Clean aluminium wheels900-950-
Alu/copper radiators1500-1550-
Extrusion: clean850-940-
Extrusion: painted800-880-

 

Ferrous Metals

*Under review

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