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Markets - Weekly Prices Update 22 August 2014

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

Summary

Little change is recorded across PRN prices.

High value metal prices are down with the exception of palladium price which continues to increase. This was caused due to economic and political problems in Russia, the world’s largest producer of the metal.

Secondary grades of aluminium and copper went up following increases in LME aluminium and copper prices.

PRNs

Grade:£/tonnechange
Paper0.85-1-
Aluminium9-11↑1
Steel10-13↓1
Plastics28-31↓1
Glass:Aggregate18-20-
Glass: Remelt27.5-30↓2
Wood1.50-2-
Mixed Energy0.40-0.75-

 

High Value Metals

Grade:£/grammechange
Platinum27.83↓0.40
Platinum scrap20.29↓0.29
Palladium17.26↑0.34
Fine gold25.12↓0.07
9ct gold9.14↓0.02
Fine silver0.341↓0.005
925 silver0.315↓0.006

Non Ferrous Metals

White metals£/tonnechange
Mixed pewter6550-
43% tinman’s solder4873-
39% tinman’s solder4460-
29% plumber’s solder3050-
Solder joints1545-
6% mixed type metal1150-

 

Aluminium ingots£/tonnechange
LM21500-
LM41480-
LM61600-
LM241500-
LM251570-
LM271550-
Standard remelt ingots1260-
Mixed remelts1260-

 

Brass£/tonnechange
Cuttings2150-2310↑10
Clean rod swarf2000-2100-
Unsorted brass scrap2000-2200-
Mixed brass scrap2100-2120↑20

 

Bronze & gun metals£/tonnechange
Commercial GM scrap2800-2850↑50
GM borings2600-2800↑50
Commercial PB scrap2800-2950-
Brass and copper radiators1900-2020↑20

 

Zinc£/tonnechange
Zinc base scrap450-580↑10
New cuttings500-580↑10

 

Lead£/tonnechange
Collected scrap950-1010↑10
Batteries400-450-

 

Nickels and alloys£/tonnechange
18/8 stainless steel solids740-840-
18/8 stainless steel turnings320-400-
18/10/3 stainless steel solids1080-1240-
18/10/3 stainless steel turnings680-860-
17% chrome iron200-220-
13% chrome iron160-180-
Pure nickel solids7,340-
Pure tungsten14,020↑100
Pure molybdenum15,160↑200
Pure cobalt18,330↑200
Wrought clean monel4140-4280-
Monel turnings1880-1980-
70/30 cupronickel3780-3880-
90/10 cupronickel3180-3280-
Clean tungsten carbide13280-13480↑200
18/4/1 high-speed solids980-1060-
18/4/1 high-speed turnings280-360-
6/5/2 high-speed solids780-880-
6/5/2 high-speed turnings190-290-

 

Copper£/tonnechange
Dry Bright Wire3457-3570↑20
Greasy Bright Wire3300-3440↑40
Clean flat bus bar3350-3435↑35
No1 Burnt wire3300-3350↑30
No 2 burnt wire2950-3300-
Cylinders3000-3150↑50
Clean and Painted3200-3300-
New copper tube3400-3530↑30
Heavy copper3250-3300-
Braziery copper2500-2800↑20
Clean pyro cable1800-1950-
PVC pyro cable1400-1500-

 

Cables£/tonnechange
Household1200-1310-
Low grade680-790-
Aluminium low grade240-290-

 

Aluminium£-tonnechange
Pure cuttings700-810↑10
Mixed alloy cuttings630-800↑10
Clean cast705-750-
Old rolled650-700↑40
Irony aluminium250-350-
Turnings510-550↑10
Loose litho800-850-
Clean aluminium wheels850-950↑50
alu/copper radiators1400-1500-
Extrusion: clean800-900↑50
Extrusion: painted750-800-

 

Ferrous Metals

Ferrous£/tonnechange
Broken foundry cast iron102-110-
Foundry short steel112-145-
Grade 0A heavy structural and plate120-130-
Grade 1 5ft old steel102-135-
Grade 2 2ft old steel95-120-
Grade 4C new production steel bales130-145-
Grade 5C loose light steel scrap (light iron)70-90-
Grade 7B mixed steel turnings72-90-
Grade 8B mixed cuttings105-130-
Grade 9 heavy cast iron (over size)90-110-
Grade 10 light cast iron102-115-
Grade 11 cast iron borings90-110-
Grade 12 a new production heavy steel scrap130-140-
Car engines160-180-

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