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Markets - Weekly Prices Update - 23 July 2016

 

 

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

Summary

Various PRN prices fell, with steel down £5 per tonne and aluminium PRN £4.30 per tonne.

All high value metal prices fell slightly, erasing last week’s small rises, except palladium which rose £0.15 per gramme to £15.47

All brass grades rose in price. Mixed brass scrap prices rose by £225 to £1,950 per tonne.

Commercial PB scrap and brass and copper radiator prices both rose by £50 to £2,450 and £1,750 per tonne respectively.

Aluminium prices remained mainly stable with only three grades rising. Clean cast, old rolled and irony aluminium all rose £25 per tonne to £715, £615 and £215 per tonne respectively.

Nickels & alloys saw various price rises of £20 to £485 per tonne. The price of 18/8 stainless steel solids rose £40 per tonne to £630 per tonne.

Merchants report that copper prices have started to stabilise after weeks of strong gains. Several copper grades rose in price again this week but with smaller increases than previously seen of £25 - £100 per tonne. Dry bright wire prices rose £100 to £3,225 per tonne.

Household cable prices rose by £50 to £975 per tonne and low grade cables rose £25 to £615 per tonne.

The price of lead scrap rose £100 to £1000 per tonne and battery prices rose £50 to £450 per tonne.

 

 

PRN £/tonne change
Paper 0.75-1 -
Aluminium 17-19 ↓4.3
Steel 18-20 ↓5
Plastics 33-35 ↓2
Glass aggregate 11-12 -
Glass remelt 11-12 ↓1
Wood 1.5-2 ↓1
Mixed energy  0.70-1 -

 

High Value Metals £/gramme change
Platinum  26.62 ↓0.07
Platinum scrap   19.18 ↓0.28
Palladium 15.47 ↑0.15
Fine gold 32.59 ↓0.19
9ct gold 11.85 ↓0.08
Fine silver 0.438 ↓0.009
925 silver 0.405 ↓0.009

 

Brass £/tonne change
Cuttings 1875-2075 ↑25
Clean rod swarf 1675-1900 ↑50
Unsorted brass scrap 1775-1975 ↑25
Mixed brass scrap 1800-2100 ↑225

 

Bronze & gun metals £/tonne change
Commercial GM scrap 2300-2350 -
GM borings 2150-2250 -
Commercial PB scrap 2400-2500 ↑50
Brass & copper radiators 1650-1850 ↑50

 

Aluminium £/tonne change
Pure cuttings 725-800 -
Mixed alloy cuttings 650-725 -
Clean cast 650-775 ↑25
Old rolled 550-675 ↑25
Irony aluminium  150-275 ↑25
Turnings 325-475 -
Loose litho 625-950 -
Clean aluminium wheels 750-925 -
Alu/copper radiators 1250-1450 -
Extrusion: clean 800-975 -
Extrusion: painted 750-950 -

 

Nickels and alloys  £/tonne change
18/8 stainless steel solids 580-680 ↑40
18/8 stainless steel turnings 240-300 ↑20
18/10/3 stainless steel solids 820-880 -
18/10/3 stainless steel turnings 400-480 -
17% chrome iron 140-180 ↑20
13% chrome iron  100-160 ↑20
Pure nickel solids  4900 ↑200
Pure tungsten  3800 ↑100
Pure molybdenum  11184 ↑55
Pure cobalt  18960 ↑485
Wrought clean monel  2460-2600 -
Monel turnings 1260-1320 ↑60
70/30 cupronickel  2860-2980 -
90/10 cupronickel  2880-2940 ↑100
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 3100-3350 ↑100
Greasy bright wire 2850-3100 ↑100
Clean flat bus bar 2950-3250 ↑100
No 1 burnt wire 2800-3150 ↑50
No 2 burnt wire 2700-2900 ↑25
Cylinders 2675-2850 ↑75
Clean and painted 2650-2875 -
New copper tube 3050-3250 ↑100
Heavy copper 2800-3000 ↑50
Braziery copper 2450-2600 ↑50
Clean pyro cable 1400-1525 ↑25
PVC pyro cable  950-1150 -

 

Cables £/tonne change
Household 900-1050 ↑50
Low grade 550-675 ↑25
Aluminium low grade 175-225 -

 

Lead  £/tonne change
Collected scrap 900-1100 ↑100
Batteries 400-500 ↑50

 

Zinc  £/tonne change
Zinc base scrap 400-550 -
New cuttings 400-550 -

 

Aluminium ingots    £/tonne change
LM2 1560 -
LM4 1600 -
LM6 1825 -
LM24 1470 -
LM25 1800 -
LM27 1580 -
Standard remelt ingots 1270 -
Mixed remelts 1250 -

 

White metals   £/tonne change
Mixed pewter 5703 -
39% tinman’s solder 4101 -
29% plumber’s solder 2765 -
Solder joints 1493
-
6% mixed type metal 1282 -
     
Ferrous Metals £-tonne change
Broken foundry cast iron  55-70 -
Foundry short steel 50-85 -
Grade 0A heavy structural and plate 45-80 -
Grade 1 5ft old steel 50-75 -
Grade 2 2ft old steel 45-60 -
Grade 4C new production steel bales 55-75 -
Grade 5C loose light steel scrap (light iron) 30-50 -
Grade 7B mixed steel turnings 35-45 -
Grade 8B mixed cuttings 50-75 -
Grade 9 heavy cast iron (over size) 35-45 -
Grade 10 light cast iron 35-50 -
Grade 11 cast iron borings 35-50 -
Grade 12 a new production heavy steel scrap  50-75 -
Car engines 65-75 -
     

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