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Markets - Weekly Prices Update - 22 January 2016

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

Summary

Plastics PRNs fell £10 per tonne while wood and energy PRNs declined by £7 and £1 per tonne respectively.

Lower oil prices have affected secondary non-ferrous metal markets. Several copper grades dropped by £10 per tonne while no2 burnt wire fell by about £100 per tonne to £2,200 per tonne. Brass grades have followed copper downwards with drops of about £80 per tonne across grades.

Some nickel and alloy prices picked up with 18/8 stainless steel solids up £20 per tonne to about £400 per tonne and 70/30 cupronickel up £40 per tonne to £2,000-£2,240 per tonne.

Of the high value metal prices, the most notable decline is that of platinum scrap which fell by £5.58 per gramme to £8.13. But gold and 9ct gold continue to rise by £0.29 per gramme and £0.10 per gramme to £24.52 and £8.92 respectively.

Ferrous prices are unchanged.

 

PRN £/tonne change
Paper 2-4 -
Aluminium 35-45 -
Steel 10-20 -
Plastics 50-60 ↓10
Glass aggregate 8-10 -
Glass remelt 8-10 -
Wood 7-8 ↓7
Mixed Energy  1-2 ↓1

 

 

High Value Metals £/gramme change
Platinum  18.37 ↓0.42
Platinum scrap   8.13 ↓5.58
Palladium 11.15 ↓0.46
Fine gold 24.52 ↑0.29
9ct gold 8.92 ↑0.10
Fine silver 0.282 ↓0.027
925 silver 0.261 ↓0.025

 

 

White metals            £/tonne change
Mixed pewter 6405 -
43% tinman’s solder 4710 -
39% tinman’s solder 4170 -
29% plumber’s solder 2960 -
Solder joints 1440 -
6% mixed type metal 1020 -

 

Aluminium ingots    £/tonne change
LM2 1480 -
LM4 1550 -
LM6 1600 -
LM24 1500 -
LM25 1600 -
LM27 1500 -
Standard remelt ingots 1290 -
Mixed remelts 1230 -

 

Brass £/tonne change
Cuttings 1500-1600 ↓100
Clean rod swarf 1400-1600 ↓80
Unsorted brass scrap 1490-1580 ↓70
Mixed brass scrap 1500-1600 ↓50

 

Bronze & gun metals £/tonne change
Commercial GM scrap 1990-2000 -
GM borings 2000-2100 -
Commercial PB scrap 2100-2140 -
Brass and copper radiators 1095-1100 ↓140

 

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

 

Lead  £/tonne change
Collected scrap 700-740 -
Batteries 300-400 -

 

Nickels and alloys  £/tonne change
18/8 stainless steel solids 320-420 ↑20
18/8 stainless steel turnings 100-160 -
18/10/3 stainless steel solids 520-620 ↑20
18/10/3 stainless steel turnings 240-340 -
17% chrome iron 40-60 -
13% chrome iron 20-60 -
Pure nickel solids 3860 -
Pure tungsten 4000 -
Pure molybdenum 11000 -
Pure cobalt 15590 ↓310
Wrought clean monel 2000-2200 -
Monel turnings 900-1000 -
70/30 cupronickel 2000-2240 ↑40
90/10 cupronickel 1600-2000 -
Clean tungsten carbide 4200-4300 -
18/4/1 high-speed solids 100-160 -
18/4/1 high-speed turnings 40-80 -
6/5/2 high-speed solids 100-140 -
6/5/2 high-speed turnings 20-60 -

 

Copper £/tonne change
Dry Bright Wire 2490-2590 -
Greasy Bright Wire 2390-2490 ↓10
Clean flat bus bar 2500-2560 -
No1 Burnt wire 2400-2560 ↓10
No 2 burnt wire 2100-2300 ↓100
Cylinders 2300-2500 -
Clean and Painted 2300-2500 -
New copper tube 2500-2560 ↓20
Heavy copper 2260-2350 ↓20
Braziery copper 1700-2000 -
Clean pyro cable 1200-1360 -
PVC pyro cable 400-600 -

 

 Cables £/tonne change
Household 960-1000 -
Low grade 440-500 -
Aluminium low grade 130-200 -

 

Aluminium £/tonne change
Pure cuttings 430-650 -
Mixed alloy cuttings 570-600 -
Clean cast 560-640 ↓20
Old rolled 350-420 -
Irony aluminium  90-180 -
Turnings 200-380 -
Loose litho 500-680 -
Clean aluminium wheels 600-700 -
 alu/copper radiators 890-930 -
Extrusion: clean 600-750 -
Extrusion: painted 500-690 -

 

Ferrous Metals £-tonne change
Broken foundry cast iron  30-50 -
Foundry short steel 50-70 -
Grade 0A heavy structural and plate 40-65 -
Grade 1 5ft old steel 30-55 -
Grade 2 2ft old steel 30-50 -
Grade 4C new production steel bales 40-55 -
Grade 5C loose light steel scrap (light iron) 5-20 -
Grade 7B mixed steel turnings 5-20 -
Grade 8B mixed cuttings 25-50 -
Grade 9 heavy cast iron (over size) 5-20 -
Grade 10 light cast iron 10-30 -
Grade 11 cast iron borings 10-30 -
Grade 12 a new production heavy steel scrap  40-60 -
Car engines 50-65 -

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