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Markets - Weekly Prices Update - 26 February 2016

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

Summary

Both aluminium and steel PRN prices went up £12 per tonne and £4 per tonne respectively. Paper and wood prices were unchanged but mixed energy recovery declined by £1 per tonne. Plastics fell £6 per tonne and both glass PRNs declined by £3 per tonne.

Copper prices picked up with dry bright wire, most commonly traded grade up £20 per tonne to £2,510 - £2,590 per tonne.

There were mostly increases across aluminium grades with the exception of painted extrusions which declined by £10 per tonne to £550 - £660 per tonne.

Nickel and alloy prices picked up due to an increase in mining stocks and the weakened pound, this week, against the dollar. 18/8 stainless steel solids prices went up £40 per tonne to £360-£460 per tonne.

All high value metals picked up.

Ferrous prices are unchanged.

 

PRN £/tonne change
Paper 1.50-2.00 -
Aluminium 37-42 ↑12
Steel 27-30 ↑4
Plastics 37-41 d6
Glass aggregate 9-12 d3
Glass remelt 9-12 d3
Wood 2-5 -
Mixed Energy  0.70-1.00 d1

 

 

High Value Metals £/gramme change
Platinum  21.06 ↑0.69
Platinum scrap   15.36 ↑0.51
Palladium 11.44 ↑0.37
Fine gold 27.59 ↑0.94
9ct gold 10.04 ↑0.35
Fine silver 0.307 ↑0.008
925 silver 0.284 ↑0.008

 

 

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 1500-1610 ↑20
Clean rod swarf 1400-1600 -
Unsorted brass scrap 1500-1580 u20
Mixed brass scrap 1510-1580 u10

 

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 -

 

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

 

Lead  £/tonne change
Collected scrap 700-740 -
Batteries 330-430 -

 

Nickels and alloys  £/tonne change
18/8 stainless steel solids 360-460 ↑40
18/8 stainless steel turnings 120-180 u20
18/10/3 stainless steel solids 560-660 ↑40
18/10/3 stainless steel turnings 260-360 u20
17% chrome iron 40-60 -
13% chrome iron 20-60 -
Pure nickel solids 3960 u160
Pure tungsten 4000 -
Pure molybdenum 11000 -
Pure cobalt 15580 -
Wrought clean monel 2060-2260 ↑160
Monel turnings 900-1040 u40
70/30 cupronickel 2060-2260 -
90/10 cupronickel 1840-2040 -
Clean tungsten carbide 4100-4200 -
18/4/1 high-speed solids 100-140 -
18/4/1 high-speed turnings 40-80 -
6/5/2 high-speed solids 100-120 -
6/5/2 high-speed turnings 20-60 -

 

Copper £/tonne change
Dry Bright Wire 2510-2590 ↑20
Greasy Bright Wire 2380-2490 ↑10
Clean flat bus bar 2500-2560 ↑10
No1 Burnt wire 2400-2550 ↑10
No 2 burnt wire 2100-2305 u5
Cylinders 2300-2495 -
Clean and Painted 2300-2490 -
New copper tube 2500-2570 u20
Heavy copper 2260-2360 -
Braziery copper 1750-2000 -
Clean pyro cable 1200-1330 d30
PVC pyro cable 450-700 -

 

Cables £/tonne change
Household 960-1000 -
Low grade 420-500 -
Aluminium low grade 150-200 -

 

Aluminium £/tonne change
Pure cuttings 450-650 -
Mixed alloy cuttings 570-610 ↑10
Clean cast 560-620 -
Old rolled 400-460 ↑60
Irony aluminium  100-200 ↑20
Turnings 200-390 ↑10
Loose litho 500-640 -
Clean aluminium wheels 600-700 -
alu/copper radiators 870-900 -
Extrusion: clean 600-730 -
Extrusion: painted 500-660 ↓10

 

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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