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Markets - Weekly Prices Update - 29 July 2016

 

 

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

Summary

Palladium prices rose for another week by £1.35 per gramme to £16.82 per gramme. Palladium has risen each week throughout July.  

Platinum scrap prices also rose by £0.23 to £19.41 per gramme.

There were slight price falls of up to £0.19 across other high value metals. 

Brass & copper radiators fell by £25 per tonne to £1,725 per tonne. GM scrap and PB scrap rose by £50 per tonne and £25 per tonne respectively to £2,365 and £2,500 respectively.

For aluminium and copper grades, prices are starting to stabilise and even fall after weeks of strong growth since the referendum.

There were small falls across various aluminium grades of £10 to £50 per tonne but not large enough to erase the previous week’s strong gains. Some grades such as pure cuttings had no movement.

Copper grades continued to rise but only relatively small gains of £25-£50 per tonne compared to the previous week’s strong gains of £100 per tonne for some grades.  Copper dry bright wire rose £25 per tonne to £3235.

Low grade cable prices rose £25 per tonne to £625 per tonne. There was no movement for low grade cables or aluminium cable prices.

Lead scrap fell by £50 per tonne to £975 per tonne.

There were various price rises across the nickel and alloy grades. Pure nickel solids rose by £300 per tonne to £5200 per tonne.

 

 

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

 

High Value Metals £/gramme change
Platinum  26.62 -
Platinum scrap   19.41 ↑0.23
Palladium 16.82 ↑1.35
Fine gold 32.40 ↓0.19
9ct gold 11.79 ↓0.09
Fine silver 0.436 ↓0.002
925 silver 0.400 ↓0.005

 

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

 

Bronze & gun metals £/tonne change
Commercial GM scrap 2325-2400 ↑50
GM borings 2150-2250 -
Commercial PB scrap 2425-2575 ↑25
Brass & copper radiators 1625-1825 ↓25

 

Aluminium £/tonne change
Pure cuttings 725-800 -
Mixed alloy cuttings 650-725 -
Clean cast 650-775 -
Old rolled 550-650 ↓25
Irony aluminium  150-265 ↓10
Turnings 320-460 ↓15
Loose litho 625-925 ↓25
Clean aluminium wheels 750-915 ↓10
Alu/copper radiators 1250-1400 ↓50
Extrusion: clean 800-950 ↓25
Extrusion: painted 750-900 ↓50

 

Copper £/tonne change
Dry bright wire 3100-3375 ↑25
Greasy bright wire 2850-3100 -
Clean flat bus bar 3000-3300 ↑50
No 1 burnt wire 2825-3175 ↑25
No 2 burnt wire 2720-2950 ↑50
Cylinders 2675-2875 ↑25
Clean and painted 2750-3000 ↑25
New copper tube 3075-3275 ↑25
Heavy copper 2800-3000 -
Braziery copper 2450-2600 -
Clean pyro cable 1425-1550 ↑25
PVC pyro cable  950-1175 ↑25

 

Cables £/tonne change
Household 900-1050 -
Low grade 550-700 ↑25
Aluminium low grade 175-225 -

 

Lead  £/tonne change
Collected scrap 900-1050 ↓50
Batteries 400-500 -

 

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

 

Nickels and alloys  £/tonne change
18/8 stainless steel solids 580-680 -
18/8 stainless steel turnings 240-340 ↑40
18/10/3 stainless steel solids 820-920 ↑40
18/10/3 stainless steel turnings 420-480 -
17% chrome iron 140-1200 ↑20
13% chrome iron  120-160 -
Pure nickel solids  5200 ↑300
Pure tungsten  4500 ↑700
Pure molybdenum  10851 ↓333
Pure cobalt  19314 ↑354
Wrought clean monel  2460-2680 ↑80
Monel turnings 1260-1480 ↑100
70/30 cupronickel  2860-3080 ↑100
90/10 cupronickel  2880-2940 -
Clean tungsten carbide 4000-4600 ↑600
18/4/1 high-speed solids 140-180 ↑20
18/4/1 high-speed turnings 100-160 ↑40
6/5/2 high-speed solids 140-180 ↑40
6/5/2 high-speed turnings 100-120 ↑30

 

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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