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Markets - Weekly Prices Update - 5 June 2015

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

Summary

There is little change across PRN prices.

Both secondary copper and aluminium prices are lower due to the non-ferrous metals’ poor performance on the LME.

Chinese demand for aluminium grades is reported to have fallen by up to half last month compared to year-on-year figures.

Ferrous prices are unchanged.

There are price increases across all high value metals with the exception of platinum and platinum scrap. Some merchants attributed this to the fall of demand for platinum jewellery in India which is down 30% during April and May compared with the same period of 2014.

PRNs

Grade:£/tonnechange
Paper0.70-0.80↓0.10
Aluminium14-16-
Steel11.70-11.80-
Plastics21-22↓2
Glass:Aggregate11-13↓1
Glass: Remelt12-13↓1
Wood1.50-2.50↑0.50
Mixed Energy0.50-0.75↓0.05

 

High Value Metals

Grade:£/grammechange
Platinum23.29↓0.27
Platinum scrap16.98↓0.20
Palladium16.29↑0.01
Fine gold25.03↑1.02
9ct gold9.10↑0.17
Fine silver0.391↑0.077
925 silver0.361↑0.071

 

Non-Ferrous Metals

White metals£/tonnechange
Mixed pewter6520-
43% tinman’s solder4825-
39% tinman’s solder4285-
29% plumber’s solder3025-
Solder joints1520-
6% mixed type metal1130-

 

Aluminium ingots£/tonnechange
LM21540-
LM41550-
LM61645-
LM241505-
LM251625-
LM271540-
Standard remelt ingots1310-
Mixed remelts1240-

 

Brass£/tonnechange
Cuttings1800-1980↓20
Clean rod swarf1700-2000-
Unsorted brass scrap2000-2100-
Mixed brass scrap1800-1870-

 

Bronze & gun metals£/tonnechange
Commercial GM scrap2450-2770↓10
GM borings2340-2680↓10
Commercial PB scrap2520-2970↓10
Brass and copper radiators1600-2000-

 

Zinc£/tonnechange
Zinc base scrap500-590-
New cuttings500-560-

 

Lead£/tonnechange
Collected scrap700-900-
Batteries390-400-

 

Nickels and alloys£/tonnechange
18/8 stainless steel solids560-620-
18/8 stainless steel turnings240-300-
18/10/3 stainless steel solids800-1000-
18/10/3 stainless steel turnings540-620-
17% chrome iron100-140-
13% chrome iron100-120-
Pure nickel solids6500↓100
Pure tungsten11940-
Pure molybdenum14040-
Pure cobalt19060↑200
Wrought clean monel3180-3300-
Monel turnings1500-1600↓40
70/30 cupronickel3100-3280↓20
90/10 cupronickel2800-2940↓60
Clean tungsten carbide11000-11360↓600
18/4/1 high-speed solids600-700↓20
18/4/1 high-speed turnings120-200-
6/5/2 high-speed solids440-500↓40
6/5/2 high-speed turnings100-200-

 

Copper£/tonnechange
Dry Bright Wire3200-3250↓40
Greasy Bright Wire3390-3405↓30
Clean flat bus bar3350-3500↓20
No1 Burnt wire2800-3180↓20
No 2 burnt wire2800-3000-
Cylinders3050-3100-
Clean and Painted3300-3400↓50
New copper tube2955-3500-
Heavy copper2900-3100-
Braziery copper2500-2700↓10
Clean pyro cable1755-1980↓20
PVC pyro cable1010-1300↓40

 

Cables£/tonnechange
Household1200-1300-
Low grade750-860-
Aluminium low grade300-310-

 

Aluminium£-tonnechange
Pure cuttings850-940↓10
Mixed alloy cuttings700-870↓30
Clean cast740-840↓10
Old rolled600-700↓20
Irony Aluminium350-500-
Turnings540-620↓10
Loose litho850-990-
Clean aluminium wheels930-1000-
Alu/copper radiators1500-1600↓30
Extrusion: clean850-980↓10
Extrusion: painted820-920↓5

Ferrous Metals

Ferrous£/tonnechange
Broken foundry cast iron60-75-
Foundry short steel70-85-
Grade 0A heavy structural and plate80-95-
Grade 1 5ft old steel70-85-
Grade 2 2ft old steel70-85-
Grade 4C new production steel bales85-95-
Grade 5C loose light steel scrap (light iron)40-55-
Grade 7B mixed steel turnings40-55-
Grade 8B mixed cuttings70-85-
Grade 9 heavy cast iron (over size)55-65-
Grade 10 light cast iron50-60-
Grade 11 cast iron borings60-70-
Grade 12 a new production heavy steel scrap70-90-
Car engines110-135-

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