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Markets - Weekly Prices Update - 4 September 2015

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

Summary

Aluminium PRN prices have dropped by £5 per tonne.

Prices across high value metals declined whilst fine gold, 9ct gold and 925 silver increased.

Non-ferrous metal merchants reported that trade had slowly started to grow again after an intense summer slowdown.

Brass, bronze and gun metal prices increased across all grades. Commercial PB scrap rose by £85 per tonne, a slight recovery from the previous week’s drop of £560 per tonne.

Nickel and alloys prices remained stable this week after previous weeks of decline.

Pure tungsten also fell further by £100 per tonne, after last week’s sharp drop of £1,100 per tonne.

Most copper grades have started to see small recovery across most grades after also experiencing a big fall in prices.

Cylinders and clean pyro cable both fell by £200 per tonne and £150 per tonne to £2,575 per tonne and £1,574 per tonne respectively.

PRNs

Grade£/tonnechange
Paper0.50-1.00-
Aluminium25-35↓5
Steel7-10-
Plastics30-35-
Glass aggregate12-15-
Glass remelt12-15-
Wood1-2-
Mixed Energy 0.70-0.90↓0.10

 

High Value Metals

Grade£/grammechange
Platinum 21.00↓0.08
Platinum scrap  15.31↓0.06
Palladium11.99↓0.52
Fine gold23.94↑0.24
9ct gold8.71↑0.09
Fine silver0.276↓0.008
925 silver0.256↑0.007

 

Non-Ferrous Metals

White metals           £/tonnechange
Mixed pewter6505↓10
43% tinman’s solder4815-
39% tinman’s solder4280-
29% plumber’s solder3010↓5
Solder joints1540-
6% mixed type metal1120↓10

 

Aluminium ingots   £/tonnechange
LM21530↓10
LM41550-
LM61645↓10
LM241515-
LM251615↓5
LM271525↓15
Standard remelt ingots1305-
Mixed remelts1240-

 

Brass£/tonnechange
Cuttings1700-1825↑75
Clean rod swarf1770-1775↑25
Unsorted brass scrap1750-1850↑100
Mixed brass scrap1700-1800↑50

 

Bronze & gun metals£/tonnechange
Commercial GM scrap2150-2300↑150
GM borings2100-2275↑135
Commercial PB scrap2350-2325↑85
Brass and copper radiators1300-1475↑75

 

Zinc £/tonnechange
Zinc base scrap450-525↑25
New cuttings450-525↑25

 

Lead £/tonnechange
Collected scrap700-875↑35
Batteries350-400-

 

Nickels and alloys £/tonnechange
18/8 stainless steel solids400-600↓20
18/8 stainless steel turnings140-280-
18/10/3 stainless steel solids660-840↓20
18/10/3 stainless steel turnings400-480-
17% chrome iron80-120-
13% chrome iron70-100-
Pure nickel solids5,000-
Pure tungsten5,800↓100
Pure molybdenum13,000-
Pure cobalt18,000-
Wrought clean monel2300-2500-
Monel turnings1000-1100-
70/30 cupronickel2400-2500-
90/10 cupronickel2100-2300-
Clean tungsten carbide5900-6000↓100
18/4/1 high-speed solids300-400-
18/4/1 high-speed turnings100-140-
6/5/2 high-speed solids200-300-
6/5/2 high-speed turnings100-120-

 

Copper£/tonnechange
Dry Bright Wire2750-2900↑100
Greasy Bright Wire2700-2825↑75
Clean flat bus bar2800-2950↓60
No1 Burnt wire2500-2700-
No 2 burnt wire2500-2670↑11
Cylinders2500-2650↓200
Clean and Painted2550-2700↑50
New copper tube2650-2800↑100
Heavy copper2500-2600↑100
Braziery copper2100-2275↑75
Clean pyro cable1500-1650↓150
PVC pyro cable800-1000-

 

 Cables£/tonnechange
Household1000-1080↓120
Low grade650-750↓50
Aluminium low grade250-275-

 

Aluminium£/tonnechange
Pure cuttings700-825↑25
Mixed alloy cuttings650-790-
Clean cast700-800-
Old rolled650-700↓40
Irony aluminium 200-280↓20
Turnings400-530↑30
Loose litho800-900-
Clean aluminium wheels850-900↓30
 alu/copper radiators1250-1400↓30
Extrusion: clean750-860↑10
Extrusion: painted750-835↑35

 

Ferrous Metals

Ferrous£-tonnechange
Broken foundry cast iron 90-100-
Foundry short steel110-120-
Grade 0A heavy structural and plate110-120-
Grade 1 5ft old steel90-105-
Grade 2 2ft old steel90-100-
Grade 4C new production steel bales100-105-
Grade 5C loose light steel scrap (light iron)45-70-
Grade 7B mixed steel turnings55-70-
Grade 8B mixed cuttings85-105-
Grade 9 heavy cast iron (over size)60-70-
Grade 10 light cast iron70-80-
Grade 11 cast iron borings70-80-
Grade 12 a new production heavy steel scrap 100-110-
Car engines110-115-

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