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Markets - Weekly Prices Update - 2 October 2015

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

Summary

PRN prices are stable.

All high value metal grades are down with the exception of fine gold, 9ct gold and palladium.

Across non-ferrous metals, both alluminium and copper prices fell and merchants expressed concerns over the future of their exports to China. Nickel, stainless steel and ferrous scrap dealers were hit by the closure of the Teesside steel mill.

Stainless steel solids went down by £40 per tonne to about £480 per tonne. Both cobalt and molybdenum prices fell by £1,000 per tonne to £17,000 and £12,000 respectivelly.

Ferrus metal prices are unchanged however prices are expected to drop by £15-£20 per tonne across all grades next week.

PRNs

Grade£/tonnechange
Paper0.50-1.00-
Aluminium25-35-
Steel7-10-
Plastics30-40-
Glass aggregate12-15-
Glass remelt12-15-
Wood1-2-
Mixed Energy 0.70-0.90-

 

High Value Metals

Grade£/grammechange
Platinum 19.53↓0.60
Platinum scrap  14.24↓0.44
Palladium13.79↑1.32
Fine gold23.95↑0.48
9ct gold8.71↑0.17
Fine silver0.279↓0.003
925 silver0.258↓0.003

 

Non-Ferrous Metals

White metals           £/tonnechange
Mixed pewter6505-
43% tinman’s solder4815-
39% tinman’s solder4280-
29% plumber’s solder3010-
Solder joints1540-
6% mixed type metal1120-

 

Aluminium ingots   £/tonnechange
LM21530-
LM41550-
LM61645-
LM241515-
LM251615-
LM271525-
Standard remelt ingots1305-
Mixed remelts1240-

 

Brass£/tonnechange
Cuttings1750-1860↓10
Clean rod swarf1710-1805-
Unsorted brass scrap1750-1850-
Mixed brass scrap1750-1850-

 

Bronze & gun metals£/tonnechange
Commercial GM scrap2200-2320-
GM borings2100-2300-
Commercial PB scrap2350-2520-
Brass and copper radiators1500-1650-

 

Zinc £/tonnechange
Zinc base scrap400-500-
New cuttings400-500-

 

Lead £/tonnechange
Collected scrap700-800↓50
Batteries300-400-

 

Nickels and alloys £/tonnechange
18/8 stainless steel solids400-520↓40
18/8 stainless steel turnings140-200↓20
18/10/3 stainless steel solids600-760↓40
18/10/3 stainless steel turnings360-460-
17% chrome iron70-90↓10
13% chrome iron50-80↓10
Pure nickel solids5000-
Pure tungsten5700↓100
Pure molybdenum12000↓1000
Pure cobalt17000↓1000
Wrought clean monel2200-2400↓100
Monel turnings1000-1100-
70/30 cupronickel2300-2400-
90/10 cupronickel2000-2200-
Clean tungsten carbide5800-5900↓100
18/4/1 high-speed solids300-340↓20
18/4/1 high-speed turnings80-120↓20
6/5/2 high-speed solids200-240↓40
6/5/2 high-speed turnings80-100↓20

 

Copper£/tonnechange
Dry Bright Wire2800-3000↓20
Greasy Bright Wire2700-2830↓20
Clean flat bus bar2800-2930↓20
No1 Burnt wire2500-2765↓10
No 2 burnt wire2500-2695↓5
Cylinders2500-2690↓10
Clean and Painted2550-2650↓50
New copper tube2750-2820↓80
Heavy copper2600-2660↓40
Braziery copper2100-2280↓20
Clean pyro cable1400-1580↓20
PVC pyro cable800-980↓20

 

 Cables£/tonnechange
Household1000-1050-
Low grade600-650-
Aluminium low grade200-250-

 

Aluminium£/tonnechange
Pure cuttings670-740↓5
Mixed alloy cuttings630-715↓5
Clean cast645-740↓5
Old rolled600-630↓15
Irony aluminium 170-240↓5
Turnings400-480↓10
Loose litho810-890↓5
Clean aluminium wheels820-865↓5
 alu/copper radiators1240-1395↓5
Extrusion: clean745-840↓5
Extrusion: painted735-825↓5

 

Ferrous Metals

Ferrous£-tonnechange
Broken foundry cast iron 70-85-
Foundry short steel90-105-
Grade 0A heavy structural and plate90-105-
Grade 1 5ft old steel70-90-
Grade 2 2ft old steel70-85-
Grade 4C new production steel bales80-90-
Grade 5C loose light steel scrap (light iron)25-55-
Grade 7B mixed steel turnings35-55-
Grade 8B mixed cuttings65-90-
Grade 9 heavy cast iron (over size)40-55-
Grade 10 light cast iron50-65-
Grade 11 cast iron borings50-65-
Grade 12 a new production heavy steel scrap 80-95-
Car engines900-100-

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