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Markets - Weekly Prices Update - 18 June 2016

 

 

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

Summary

All high value metal grades increased in price.

Brass grades declined by around £25 per tonne

Gun metal borings fell £50 per tonne to £1,875 per tonne, while brass & copper radiators rose £50 per tonne to £1,275 per tonne.

Zinc base scrap and new cutting prices both fell by £20 per tonne to £350 per tonne.

All copper grades fell, with PVC pyro cable down £75 per tonne to £740 per tonne. Dry bright wire and greasy bright wire both fell £50 per tonne to £2,750 per tonne and £2,550 per tonne respectively.

Household cable prices fell by £50 per tonne to £915 per tonne.

Aluminium grades remained volatile with various grades rising on average by £25 per tonne, although aluminium/copper radiators rose £200 per tonne to £1,050 per tonne whilst other grades fell by £25 to £40 per tonne.

There were price drops across all ferrous metal grades of between £20-£30 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  22.03 ↑0.25
Platinum scrap   16.07 ↑0.19
Palladium 12.34 ↑0.20
Fine gold 28.60 ↑0.20
9ct gold 10.40 ↑0.33
Fine silver 0.346 ↑0.017
925 silver 0.320 ↑0.015

 

 

White metals   £/tonne change
Mixed pewter 6405 -
43% tinman’s solder 4720 -
39% tinman’s solder 4180 -
29% plumber’s solder 2950 -
Solder joints 1440 -
6% mixed type metal 1020 -

 

 

Aluminium ingots    £/tonne change
LM2 1495 -
LM4 1565 -
LM6 1630 -
LM24 1505 -
LM25 1620 -
LM27 1500 -
Standard remelt ingots 1270 -
Mixed remelts 1250 -

 

 

Brass £/tonne change
Cuttings 1650-1775 ↓25
Clean rod swarf 1450-1600 ↓25
Unsorted brass scrap 1625-1700 ↓25
Mixed brass scrap 1550-1675 ↓5

 

 

Bronze & gun metals £/tonne change
Commercial GM scrap 2000-2050 -
GM borings 1925-2050 ↓50
Commercial PB scrap 2100-2200 -
Brass and copper radiators 1250-1300 ↑50

 

 

Zinc  £/tonne change
Zinc base scrap 300-400 ↓20
New cuttings 300-400 ↓20

 

 

Lead  £/tonne change
Collected scrap 780-900 -
Batteries 350-400 -

 

 

Nickels and alloys  £/tonne change
18/8 stainless steel solids 400-480 -
18/8 stainless steel turnings 140-200 -
18/10/3 stainless steel solids 600-640 -
18/10/3 stainless steel turnings 300-360 -
17% chrome iron 100-140 -
13% chrome iron  60-120 -
Pure nickel solids  3820 -
Pure tungsten  3700 -
Pure molybdenum  11000 -
Pure cobalt  15580 -
Wrought clean monel  2100-2200 -
Monel turnings  980-1120 -
70/30 cupronickel  2200-2280 -
90/10 cupronickel  2020-2200 -
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 2725-2800 ↓50
Greasy bright wire 2500-2600 ↓50
Clean flat bus bar 2600-2650 ↓25
No1 burnt wire 2550-2600 ↓50
No 2 burnt wire 2250-2375 ↓25
Cylinders 2350-2475 ↓25
Clean and painted 2350-2475 ↓25
New copper tube 2450-2575 ↓25
Heavy copper 2400-2525 ↓25
Braziery copper 1900-2150  -
Clean pyro cable 1250-1375 ↓35
PVC pyro cable  625-850 ↓75

 

 

Cables £/tonne change
Household 875-950 ↓50
Low grade 430-525 -
Aluminium low grade 150-225 -

 

 

Aluminium £/tonne change
Pure cuttings 625-680 ↑30
Mixed alloy cuttings 550-600 ↓25
Clean cast 570-650 ↑30
Old rolled 440-500 -
Irony aluminium  150-215 ↓20
Turnings 225-400 ↓40
Loose litho 550-700 ↑50
Clean aluminium wheels 575-700 -
Alu/copper radiators 950-1200 ↑200
Extrusion: clean 625-775 ↑25
Extrusion: painted 550-725 ↑25

 

 

Ferrous Metals £-tonne change
Broken foundry cast iron  55-70 ↓15
Foundry short steel 50-85 ↓20
Grade 0A heavy structural and plate 45-80 ↓20
Grade 1 5ft old steel 50-75 ↓15
Grade 2 2ft old steel 45-60 ↓10
Grade 4C new production steel bales 55-75 ↓15
Grade 5C loose light steel scrap (light iron) 30-50 ↓20
Grade 7B mixed steel turnings 25-45 ↓10
Grade 8B mixed cuttings 50-75 ↓15
Grade 9 heavy cast iron (over size) 20-45 ↓10
Grade 10 light cast iron 20-50 ↓10
Grade 11 cast iron borings 20-50 ↓10
Grade 12 a new production heavy steel scrap  50-75 ↓20
Car engines 65-75 ↓20

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