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Markets - Weekly Prices Update - 25 June 2016

 

 

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

Summary

The previous week’s price increases for high value metals were erased this week with price falls across all grades.

The price of brass cuttings rose by £25 per tonne to £1,740 per tonne while all other brass grades remained stable.

Bronze & gun metal grades were also mainly stable except for brass & copper radiators which rose by £125 per tonne to £1,395 per tonne.

Copper prices stabilised after decreases across all grades previously. Greasy bright wire, No 1 burnt wire and clean & painted copper tube all rose £50 per tonne - to £2,590 per tonne, £2,600 per tonne and £2,456 per tonne respectively.

No 2 burnt wire also rose by £75 per tonne to £2,400 per tonne and new copper tube rose £25 per tonne to £2,550 per tonne.

Low grade cables rose by £25 per tonne to £500 per tonne while aluminium low grade cable prices fell £25 per tonne to £175 per tonne.

There were price increases across various aluminium grades with rises of between £20 per tonne to £50 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  21.45 ↓0.58
Platinum scrap   15.64 ↓0.43
Palladium 11.91 ↓0.43
Fine gold 27.89 ↓0.71
9ct gold 10.15 ↓0.25
Fine silver 0.340 ↓0.006
925 silver 0.310 ↓0.010

 

 

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 1675-1800 ↑25
Clean rod swarf 1450-1600 -
Unsorted brass scrap 1625-1700 -
Mixed brass scrap 1600-1675 -

 

 

Bronze & gun metals £/tonne change
Commercial GM scrap 2000-2050 -
GM borings 1925-2050 -
Commercial PB scrap 2100-2200 -
Brass and copper radiators 1350-1425 ↑125

 

 

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

 

 

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 -
Greasy bright wire 2525-2650 ↑50
Clean flat bus bar 2600-2650 -
No 1 burnt wire 2550-2650 ↑50
No 2 burnt wire 2350-2450 ↑75
Cylinders 2375-2475 -
Clean and painted 2400-2525 ↑50
New copper tube 2500-2600 ↑25
Heavy copper 2400-2525 -
Braziery copper 1900-2150  -
Clean pyro cable 1250-1375 -
PVC pyro cable  625-850 -

 

 

Cables £/tonne change
Household 875-950 -
Low grade 450-550 ↑25
Aluminium low grade 150-200 ↓25

 

 

Aluminium £/tonne change
Pure cuttings 650-700 ↑20
Mixed alloy cuttings 575-625 ↑25
Clean cast 575-675 ↑25
Old rolled 450-500 -
Irony aluminium  150-215 -
Turnings 250-425 ↑25
Loose litho 550-700 -
Clean aluminium wheels 600-730 ↑30
Alu/copper radiators 975-1250 ↑50
Extrusion: clean 675-800 ↑25
Extrusion: painted 600-750 ↑25

 

 

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 25-45 -
Grade 8B mixed cuttings 50-75 -
Grade 9 heavy cast iron (over size) 20-45 -
Grade 10 light cast iron 20-50 -
Grade 11 cast iron borings 20-50 -
Grade 12 a new production heavy steel scrap  50-75 -
Car engines 65-75 -

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