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Markets - Weekly Prices Update - 9 September 2016

 

 

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

Summary

High value metals rose in price across all of the grades by £0.05 to £0.42 per gramme. Fine gold rose by £0.27 per gramme to £32.43.

There were price drops across most of the non-ferrous scrap grades after little movement over the summer. These falls have been blamed on the sterling regaining value.

Mixed brass scrap fell by £50 per tonne to £2,050 per tonne. Bronze and gun metal grades fell by £50 to £100 per tonne.

The aluminium grades fell by £15 to £50 per tonne. Aluminium pure cuttings fell by £50 per tonne to £725 per tonne.

All the copper grades fell by £25 - £150 per tonne. Dry bright wire fell by £150 per tonne to £3,135 per tonne.

Nickels and alloys mostly fell in price. 18/8 stainless steel solids fell by £20 per tonne to £570 per tonne.

White metals all rose in price.

The ferrous grades all rose in price by £5 - £15 per tonne.

 

PRN £/tonne change
Paper 0.75-1 -
Aluminium 17-19 -
Steel 13-15 -
Plastics 30-32 -
Glass aggregate 11-12 -
Glass remelt 11-12 -
Wood 1.5-2 -
Mixed energy  0.70-1 -

 

High Value Metals £/gramme change
Platinum  26.18 ↑0.42
Platinum scrap   19.09 ↑0.31
Palladium 16.59 ↑0.05
Fine gold 32.43 ↑0.27
9ct gold 11.80 ↑0.011
Fine silver 0.429 ↑0.018
925 silver 0.397 ↑0.017

 

Brass £/tonne change
Cuttings 1850-2050 -
Clean rod swarf 1700-1900 -
Unsorted brass scrap 1850-1950 -
Mixed brass scrap 2000-2100 ↓50

 

Bronze & gun metals £/tonne change
Commercial GM scrap 2300-2400 ↓100
GM borings 2200-2300 ↓50
Commercial PB scrap 2400-2550 -
Brass & copper radiators 1700-1850 ↓85

 

Aluminium £/tonne change
Pure cuttings 650-800 ↓50
Mixed alloy cuttings 600-750 -
Clean cast 650-750 ↓25
Old rolled 550-650 ↓25
Irony aluminium  150-250 -
Turnings 350-450 -
Loose litho 850-950 -
Clean aluminium wheels 800-900 ↓25
Alu/copper radiators 1300-1425 ↓25
Extrusion: clean 850-950 ↓25
Extrusion: painted 800-900 ↓15

 

Copper £/tonne change
Dry bright wire 3050-3225 ↓150
Greasy bright wire 2800-3000 ↓135
Clean flat bus bar 3000-3200 ↓100
No 1 burnt wire 3000-3100 ↓150
No 2 burnt wire 2750-2850 ↓100
Cylinders 2700-2800 ↓50
Clean and painted 2750-2900 ↓125
New copper tube 3000-3100 ↓150
Heavy copper 2800-2900 ↓125
Braziery copper 2400-2500 ↓100
Clean pyro cable 1400-1550 ↓25
PVC pyro cable 1050-1150 ↓50

 

Cables £/tonne change
Household 900-1000 -
Low grade 550-650 ↓ 50
Aluminium low grade 150-200 -

 

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

 

Zinc  £/tonne change
Zinc base scrap 550-750 ↑150
New cuttings 550-750 ↑150

 

Nickels and alloys  £/tonne change
18/8 stainless steel solids 520-620 ↓20
18/8 stainless steel turnings 240-340 -
18/10/3 stainless steel solids 780-860 ↓20
18/10/3 stainless steel turnings 420-480 -
17% chrome iron 160-200 -
13% chrome iron 140-180 -
Pure nickel solids  5500 -
Pure tungsten  6100 ↑200
Pure molybdenum  11787 ↓290
Pure cobalt  19083 ↓542
Wrought clean monel 2400-2600 ↓80
Monel turnings 1260-1480 -
70/30 cupronickel 3040-3100 -
90/10 cupronickel 2780-2840 ↓40
Clean tungsten carbide 5100-5380 -
18/4/1 high-speed solids 180-240 -
18/4/1 high-speed turnings 130-190 -
6/5/2 high-speed solids 190-220 -
6/5/2 high-speed turnings 130-180 -

 

White metals   £/tonne change
Mixed pewter 6968 ↑697
39% tinman’s solder 4811 ↑442
29% plumber’s solder 3398 ↑342
Solder joints 1850
↑189
6% mixed type metal 1461 ↑89
     
Aluminium ingots    £/tonne change
LM2 1640 -
LM4 1680 -
LM6 1885 -
LM24 1550 -
LM25 1865 -
LM27 1680 -
Standard remelt ingots 1270 -
Mixed remelts 1250 -

 

Ferrous Metals £-tonne change
Broken foundry cast iron  60-85 ↑5
Foundry short steel 55-100 ↑5
Grade 0A heavy structural and plate 60-110 ↑15
Grade 1 5ft old steel 60-90 ↑10
Grade 2 2ft old steel 50-70 ↑5
Grade 4C new production steel bales 60-90 ↑10
Grade 5C loose light steel scrap (light iron) 30-60 ↑10
Grade 7B mixed steel turnings 40-55 ↑5
Grade 8B mixed cuttings 50-85 ↑10
Grade 9 heavy cast iron (over size) 40-55 ↑5
Grade 10 light cast iron 40-65 ↑10
Grade 11 cast iron borings 40-65 ↑10
Grade 12 a new production heavy steel scrap  60-95 ↑10
Car engines 75-90 ↑5
     

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