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Markets - weekly prices update: 27 June 2014

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

Summary

There is an increase in plastics and glass PRNs which will affect the prices of recovered grades.

Aluminium ingots and white metals prices are unchanged. Non-ferrous prices are stable with some falls recorded on the copper grades and some increases on the aluminium grades. This is due to current downwards trend of copper on the LME and the upwards trend of aluminium.

Ferrous grades are unchanged this week but a few merchants in the north west of England reported some falls due to the strong pound.

 

PRNs

Grade:£/tonnechange
Paper0.70-1.50↑0.50
Aluminium4-10-
Steel6-15↓2
Plastics35-60↑22
Glass:Aggregate21-38↑8
Glass: Remelt38-60↑18
Wood1-2-
Mixed Energy0.35-1↑0.40

 

Non Ferrous Metals

Brass

Grade:£/tonnechange
Cuttings2150-2310↑10
Clean rod swarf2000-2100-
Unsorted brass scrap2000-2300↑100
Mixed brass scrap2100-2250-

 

Phosphor bronze and Gunmetal

Grade:£/tonnechange
Commercial GM scrap2500-2796↓4
GM borings2800-2900↓100
Commercial PB scrap2800-2950↓30
Brass and copper radiators1900-2200↑100

 

Aluminium

Grade:£/tonnechange
Pure cuttings650-740↓10
Mixed alloy cuttings630-780↑80
Clean cast705-805↑5
Old rolled650-700-
Irony aluminium250-300-
Turnings510-552↑2
Loose litho800-850-
Clean aluminium wheels850-950-
 alu/copper radiators1400-1500-
Extrusion: clean800-900-
Extrusion: painted750-800-

 

Cables

Grade£/tonnechange
Household1200-1310-
Low grade680-780-
Aluminium low grade240-280-

 

Nickel and alloys

Grade:£/tonnechange
18/8 stainless steel solids760-860-
18/8 stainless steel turnings320-380-
18/10/3 stainless steel solids1000-1200-
18/10/3 stainless steel turnings640-760-
17% chrome iron170-190↑10
13% chrome iron140-160↑10
Pure nickel solids7,200↑300
Pure tungsten13,480↑500
Pure molybdenum13,660↑500
Pure cobalt16,830↑500
Wrought clean monel3840-4060↑100
Monel turnings1680-1880-
70/30 cupronickel3480-3580-
90/10 cupronickel3100-3240-
Clean tungsten carbide12780-12980↑80
18/4/1 high-speed solids980-1060↑140
18/4/1 high-speed turnings280-360↑100
6/5/2 high-speed solids780-880↑140
6/5/2 high-speed turnings190-290↑100

 

Copper

Grade:£/tonnechange
Dry Bright Wire3457-3648↓2
Greasy Bright Wire3300-3467↓33
Clean flat bus bar3350-3447↓3
No1 Burnt wire3350-3398↓2
No 2 burnt wire2950-3400-
Cylinders3000-3150-
Clean and Painted3200-3400-
New copper tube3400-3539↓11
Heavy copper3250-3380-
Braziery copper2500-2860-
Clean pyro cable1800-1990↓10
PVC pyro cable1500-1600-

 

Lead

Grade:£/tonnechange
Collected scrap950-1010-
Batteries400-450↓10

 

High Value metals

 

Grade:£/tonnechange
Platinum27.79↑0.06
Platinum scrap20.26↑0.54
Palladium15.66↑0.30
Fine gold24.86↑0.83
9ct gold9.04↑0.30
Fine silver0.359↑0.026
925 silver0.333↑0.025

 

Ferrous

Broken foundry cast iron 102-120-
Foundry short steel112-150-
Grade 0A heavy structural and plate120-140-
Grade 1 5ft old steel102-140-
Grade 2 2ft old steel95-120-
Grade 4C new production steel bales130-150-
Grade 5C loose light steel scrap (light iron)70-90-
Grade 7B mixed steel turnings72-90-
Grade 8B mixed cuttings105-120-
Grade 9 heavy cast iron (over size)90-110-
Grade 10 light cast iron102-120-
Grade 11 cast iron borings90-110-
Grade 12 a new production heavy steel scrap 130-150-
Car engines160-190-

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