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Markets - Weekly Prices Update - 9 July 2016

 

 

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

Summary

High-value metals continued to rise this week after increases the previous week, and gold has reached a two-year high at £33.19 per gramme due to the continued uncertainty in the markets caused by the UK referendum result.

Non-ferrous scrap metal prices also continued to increase due to the falling pound and low exchange rates. In particular, the secondary copper grades saw rises of more than £200 per tonne.

There were price rises across the brass grades of £100-£200 per tonne; brass cuttings rose by £125 to £1,950 per tonne.

There also price increases across the bronze and gun metal grades of £75 to £300 per tonne. Brass & copper radiators rose £300 to £1,765 per tonne.

All of the aluminium grades also rose, which price increases ranging from £25 up to £225. Aluminium pure cuttings rose by £25 per tonne to £725 per tonne.

There were various price increases across the nickel and alloy grades, these ranged widely from £40 up to £1,400. 18/8 stainless steel solids rose £100 to £570 per tonne.

Again the secondary copper grades continued to rise by up to £250 per tonne. Copper dry bright wire rose by £150 per tonne to £3,100 per tonne.

 

PRN £/tonne change
Paper 0.89-1 -
Aluminium 22.50-23.30 -
Steel 20-25 -
Plastics 34-37 -
Glass aggregate 11-12 -
Glass remelt 11-13 -
Wood 2-3 -
Mixed energy  0.70-1 -

 

High Value Metals £/gramme change
Platinum  26.15 ↑2.13
Platinum scrap   19.07 ↑1.56
Palladium 14.86 ↑1.37
Fine gold 33.19 ↑0.98
9ct gold 12.07 ↑0.35
Fine silver 0.436 ↑0.046
925 silver 0.403 ↑0.042

 

Brass £/tonne change
Cuttings 1850-2050 ↑125
Clean rod swarf 1650-1850 ↑200
Unsorted brass scrap 1750-1950 ↑200
Mixed brass scrap 1800-1825 ↑100

 

Bronze & gun metals £/tonne change
Commercial GM scrap 2100-2250 ↑150
GM borings 2050-2175 ↑75
Commercial PB scrap 2250-2375 ↑125
Brass and copper radiators 1675-1850 ↑300

 

Aluminium £/tonne change
Pure cuttings 700-750 ↑25
Mixed alloy cuttings 625-675 ↑25
Clean cast 650-775 ↑75
Old rolled 550-650 ↑100
Irony aluminium  175-270 ↑55
Turnings 350-500 ↑75
Loose litho 625-950 ↑225
Clean aluminium wheels 775-950 ↑125
Alu/copper radiators 1250-1450 ↑150
Extrusion: clean 775-950 ↑75
Extrusion: painted 700-875 ↑75

 

Nickels and alloys  £/tonne change
18/8 stainless steel solids 520-620 ↑100
18/8 stainless steel turnings 180-280 ↑40
18/10/3 stainless steel solids 760-860 ↑100
18/10/3 stainless steel turnings 380-480 ↑100
17% chrome iron 100-160 -
13% chrome iron  80-140 -
Pure nickel solids  4620 ↑600
Pure tungsten  3700 -
Pure molybdenum  12550 ↑550
Pure cobalt  18000 ↑1400
Wrought clean monel  2400-2600 ↑200
Monel turnings  1200-1320 ↑100
70/30 cupronickel  2700-2980 ↑500
90/10 cupronickel  2620-2800 ↑400
Clean tungsten carbide  3800-4000 -
18/4/1 high-speed solids  100-160 -
18/4/1 high-speed turnings  80-120 -
6/5/2 high-speed solids  100-140 -
6/5/2 high-speed turnings  70-90 -

 

Copper £/tonne change
Dry bright wire 3000-3200 ↑150
Greasy bright wire 2850-2975 ↑125
Clean flat bus bar 2750-3000 ↑100
No 1 burnt wire 2700-2975 ↑125
No 2 burnt wire 2675-2875 ↑225
Cylinders 2575-2775 ↑175
Clean and painted 2550-2800 ↑225
New copper tube 2800-2975 ↑175
Heavy copper 2650-2865 ↑215
Braziery copper 2450-2550 ↑250
Clean pyro cable 1400-1500 ↑25
PVC pyro cable  950-1150 ↑50

 

Cables £/tonne change
Household 900-1000 -
Low grade 550-650 ↑50
Aluminium low grade 175-225 -

 

Lead  £/tonne change
Collected scrap 800-1000 ↑100
Batteries 375-475 ↑75

 

Zinc  £/tonne change
Zinc base scrap 300-400 -
New cuttings 300-400 -

 

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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