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Markets - Weekly Prices Update - 31 July 2015

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

Summary

PRN prices are unchanged.

Gold prices reached a five-year low in the last issue of MRW and they have continued to fall. This is due to lower demand from Asian markets and higher US interest rates. Other precious metals grades have followed the gold trend.

Across secondary non-ferrous metals, copper prices are on a freefall due to a global surplus during the initial five-month period of the year. The primary copper market ended in a surplus of 196,000 tonnes during Jan-May 2015.

Aluminium merchants have also reported lower prices due to low demand.

 

PRNs

Grade:£/tonnechange
Paper0.55-0.80-
Aluminium25-35-
Steel11.10-11.20-
Plastics24.50-26.50-
Glass:Aggregate11-13-
Glass: Remelt13-15-
Wood1.70-1.80-
Mixed Energy0.70-0.80-

 

High Value Metals

Grade:£/grammechange
Platinum20.13↓0.17
Platinum scrap14.68↓0.12
Palladium12.72↓0.02
Fine gold22.57↓0.27
9ct gold8.21↓0.10
Fine silver0.271↓0.004
925 silver0.249↓0.005

 

Non-Ferrous Metals

White metals£/tonnechange
Mixed pewter6525-
43% tinman’s solder4815-
39% tinman’s solder4290-
29% plumber’s solder3025-
Solder joints1520-
6% mixed type metal1130-

 

Aluminium ingots£/tonnechange
LM21540-
LM41550-
LM61655-
LM241515-
LM251620-
LM271540-
Standard remelt ingots1305-
Mixed remelts1240-

 

Brass£/tonnechange
Cuttings1800-1900-
Clean rod swarf1700-1820↓100
Unsorted brass scrap1970-2050↓10
Mixed brass scrap1790-1830-

 

Bronze & gun metals£/tonnechange
Commercial GM scrap2300-2500↓200
GM borings2200-2400↓240
Commercial PB scrap2400-2800↓130
Brass and copper radiators1500-1900↓40

 

Zinc£/tonnechange
Zinc base scrap500-510↓20
New cuttings500-510↓20

 

Lead£/tonnechange
Collected scrap700-850-
Batteries350-400-

 

Nickels and alloys£/tonnechange
18/8 stainless steel solids420-600-
18/8 stainless steel turnings140-300-
18/10/3 stainless steel solids700-860-
18/10/3 stainless steel turnings400-500-
17% chrome iron80-120-
13% chrome iron70-100-
Pure nickel solids5500-
Pure tungsten8000↓1000
Pure molybdenum13500↓40
Pure cobalt18300↓60
Wrought clean monel2400-2700-
Monel turnings1000-1100-
70/30 cupronickel2500-2700-
90/10 cupronickel2300-2500-
Clean tungsten carbide6000-8000↓1000
18/4/1 high-speed solids400-500↓20
18/4/1 high-speed turnings100-140-
6/5/2 high-speed solids200-340↓40
6/5/2 high-speed turnings100-140↓20

 

Copper£/tonnechange
Dry Bright Wire3100-3180-
Greasy Bright Wire3200-3260↓100
Clean flat bus bar3200-3300↓70
No1 Burnt wire2800-3100↓50
No 2 burnt wire2700-2800↓100
Cylinders3000-3050↓20
Clean and Painted3000-3160↓200
New copper tube3100-3280↓100
Heavy copper2800-2900↓70
Braziery copper2490-2600↓50
Clean pyro cable1690-1900↓40
PVC pyro cable990-1200↓70

 

Cables£/tonnechange
Household1200-1280-
Low grade750-850-
Aluminium low grade230-290-

 

Aluminium£-tonnechange
Pure cuttings840-860↓160
Mixed alloy cuttings700-850↓20
Clean cast740-760↓40
Old rolled600-650↓20
Irony Aluminium200-440-
Turnings500-530↓50
Loose litho850-950-
Clean aluminium wheels900-950-
Alu/copper radiators1500-1550-
Extrusion: clean850-940-
Extrusion: painted800-880-

 

Ferrous Metals

Ferrous£-tonnechange
Broken foundry cast iron 90-105-
Foundry short steel110-130-
Grade 0A heavy structural and plate110-130-
Grade 1 5ft old steel90-115-
Grade 2 2ft old steel90-110-
Grade 4C new production steel bales100-115-
Grade 5C loose light steel scrap (light iron)50-70-
Grade 7B mixed steel turnings60-80-
Grade 8B mixed cuttings95-115-
Grade 9 heavy cast iron (over size)60-80-
Grade 10 light cast iron70-90-
Grade 11 cast iron borings70-90-
Grade 12 a new production heavy steel scrap 100-120-
Car engines110-125-

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