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Markets - Weekly Prices Update - 27 May 2016

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

Summary

Accross nickel and alloy grades, prices declined on average by between £20 and £140 per tonne. 

Copper and aluminium grades were stable. However, merchants reported lower demand for copper grades and they anticipate declines in June.

High value metals declined with the exception of platinum scrap which remained stable.

PRN prices are unchanged.

Ferrous prices are unchanged.

 

PRN £/tonne change
Paper 1-2 -
Aluminium 26-37 -
Steel 20-33 -
Plastics 36-45 -
Glass aggregate 12-13 -
Glass remelt 12-13 -
Wood 3.40-3.65 -
Mixed energy  0.75-1.25 -

 

High Value Metals £/gramme change
Platinum  22.15 ↓1.51
Platinum scrap   17.25 -
Palladium 11.97 ↓1.24
Fine gold 27.24 ↓1.50
9ct gold 9.91 ↓0.54
Fine silver 0.323 ↓0.025
925 silver 0.299 ↓0.023

 

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 1490 -
LM4 1560 -
LM6 1625 -
LM24 1500 -
LM25 1615 -
LM27 1500 -
Standard remelt ingots 1270 -
Mixed remelts 1250 -

 

Brass £/tonne change
Cuttings 1660-1805 -
Clean rod swarf 1450-1600 -
Unsorted brass scrap 1610-1715 ↑15
Mixed brass scrap 1550-1680 -

 

Bronze & gun metals £/tonne change
Commercial GM scrap 1990-2000 -
GM borings 2000-2100 -
Commercial PB scrap 2100-2160 -
Brass and copper radiators 1190-1200 -

 

Zinc  £/tonne change
Zinc base scrap 305-400 -
New cuttings 305-400 -

 

Lead  £/tonne change
Collected scrap 780-900 -
Batteries 350-410 -

 

Nickels and alloys  £/tonne change
18/8 stainless steel solids 400-500 ↓40
18/8 stainless steel turnings 140-200 -
18/10/3 stainless steel solids 600-640 ↓40
18/10/3 stainless steel turnings 300-360 ↓20
17% chrome iron 100-140 ↓20
13% chrome iron 80-120 ↓20
Pure nickel solids 3900 ↓140
Pure tungsten 3800 ↓240
Pure molybdenum 11000 -
Pure cobalt 15580 -
Wrought clean monel 2100-2260 ↓100
Monel turnings 980-1120 ↓60
70/30 cupronickel 2280-2300 ↓80
90/10 cupronickel 2100-2200 ↓40
Clean tungsten carbide 3900-4100 ↓20
18/4/1 high-speed solids 120-160 -
18/4/1 high-speed turnings 80-120 -
6/5/2 high-speed solids 100-160 -
6/5/2 high-speed turnings 70-90 -

 

Copper £/tonne change
Dry bright wire 2730-2900 -
Greasy bright wire 2560-2690 -
Clean flat bus bar 2630-2710 -
No1 burnt wire 2560-2700 -
No 2 burnt wire 2320-2420 -
Cylinders 2420-2520 -
Clean and painted 2400-2515 -
New copper tube 2510-2610 -
Heavy copper 2500-2600 -
Braziery copper 1900-2210 -
Clean pyro cable 1310-1430 -
PVC pyro cable 510-910 -

 

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

 

Aluminium £/tonne change
Pure cuttings 615-675 -
Mixed alloy cuttings 600-660 -
Clean cast 565-625 -
Old rolled 440-500 ↑40
Irony aluminium  100-200 -
Turnings 200-420 -
Loose litho 500-640 -
Clean aluminium wheels 600-700 -
Alu/copper radiators 865-895 -
Extrusion: clean 600-730 -
Extrusion: painted 500-660 -

 

Ferrous Metals £-tonne change
Broken foundry cast iron  60-85 -
Foundry short steel 75-105 -
Grade 0A heavy structural and plate 70-100 -
Grade 1 5ft old steel 65-90 -
Grade 2 2ft old steel 55-70 -
Grade 4C new production steel bales 70-90 -
Grade 5C loose light steel scrap (light iron) 30-70 -
Grade 7B mixed steel turnings 35-55 -
Grade 8B mixed cuttings 50-90 -
Grade 9 heavy cast iron (over size) 40-55 -
Grade 10 light cast iron 35-60 -
Grade 11 cast iron borings 35-60 -
Grade 12 a new production heavy steel scrap  75-95 -
Car engines 85-95 -

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