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Markets - Weekly Prices Update - 24 February 2017

 

 

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

Summary

All high value metals went up in price, except for fine gold which declined.

The bronze and gun metal grades rose by £100 per tonne.

The aluminium grades were mostly stable, two rose £50 per tonne, while one fell by the same amount.

The copper grades were mainly stable after big price gains last week. Three grades fell by £50 - £100 per tonne. The price of copper dry bright wire is now at the highest level since May 2013. 

Lead batteries fell in price £30 per tonne.

Zinc scrap and cuttings, household and low grade cables all fell by £50 per tonne.

There was little change across the nickel and alloy grades.

 

PRN £/tonne change
Paper 0.50-0.75 -
Aluminium 10 -
Steel 8 -
Plastics 25 -
Glass aggregate 12-13 -
Glass remelt 12-13 -
Wood 1.50 -
Mixed energy  0.30 -

 

High Value Metals £/gramme change
Platinum  26.11 ↑0.06
Platinum scrap   18.83 ↑0.07
Palladium 19.94 ↓0.40
Fine gold 32.08 ↑0.27
9ct gold 11.61 ↑0.08
Fine silver 0.421 ↑0.004
925 silver 0.389 ↑0.003

 

Brass £/tonne change
Cuttings 2400-2500 -
Clean rod swarf 2250-2300 -
Unsorted brass scrap 2400-2450 -
Mixed brass scrap 2550-2650 -

 

Bronze & gun metals £/tonne change
Commercial GM scrap 3100-3200 ↑100
GM borings 3000-3100 ↑100
Commercial PB scrap 3200-3300 ↑100
Brass & copper radiators 2300-2450 -

 

Aluminium £/tonne change
Pure cuttings 800-900 -
Mixed alloy cuttings 700-900 -
Clean cast 650-900 -
Old rolled 600-700 ↓50
Irony aluminium  200-250 -
Turnings 400-500 -
Loose litho 1000-1100 -
Clean aluminium wheels 900-1050 -
Alu/copper radiators 1600-1700 -
Extrusion: clean 1000-1150 ↑50
Extrusion: painted 1000-1100 ↑50

 

Copper £/tonne change
Dry bright wire 4300-4400 -
Greasy bright wire 4050-4150 ↓50
Clean flat bus bar 4100-4200 -
No 1 burnt wire 4100-4200 -
No 2 burnt wire 3700-3800 -
Cylinders 3500-3700 -
Clean and painted 3800-3900 ↓100
New copper tube 4000-4200 -
Heavy copper 3800-3900 ↓100
Braziery copper 3400-3500 -
Clean pyro cable 1800-1950 -
PVC pyro cable 1400-1550 -

 

Cables £/tonne change
Household 1250-1350 ↓50
Low grade 750-800 ↓50
Aluminium low grade 200-300 -

 

Lead  £/tonne change
Collected scrap 1300-1400 -
Batteries 500-550 ↓30

 

Zinc  £/tonne change
Zinc base scrap 900-1000 ↓50
New cuttings 900-1000 ↓50

 

Nickels and alloys  £/tonne change
18/8 stainless steel solids 740-800 -
18/8 stainless steel turnings 340-380 -
18/10/3 stainless steel solids 980-1100 -
18/10/3 stainless steel turnings 460-560 -
17% chrome iron 260-340 -
13% chrome iron 220-280 -
Pure nickel solids  6840 -
Pure tungsten  7580 ↑200
Pure molybdenum  11794 ↑7
Pure cobalt  37986 ↑3619
Wrought clean monel 3140-3280 ↑40
Monel turnings 1780-1880 -
70/30 cupronickel 3440-3640 ↑40
90/10 cupronickel 3340-3440 ↑40
Clean tungsten carbide 6160-6280 -
18/4/1 high-speed solids 220-260 -
18/4/1 high-speed turnings 190-210 -
6/5/2 high-speed solids 230-260 -
6/5/2 high-speed turnings 160-190 -

 

White metals   £/tonne change
Mixed pewter 7538 -
39% tinman’s solder 5383 -
29% plumber’s solder 3829 -
Solder joints 2178 -
6% mixed type metal 1800 -
     
Aluminium ingots    £/tonne change
LM2 1675 -
LM4 1715 -
LM6 1920 -
LM24 1585 -
LM25 1900 -
LM27 1715 -
Standard remelt ingots 1475 -
Mixed remelts 1525 -

 

Ferrous Metals £-tonne change
Broken foundry cast iron  70-100 -
Foundry short steel 90-110 -
Grade 0A heavy structural and plate 100-130 -
Grade 1 5ft old steel 90-100 -
Grade 2 2ft old steel 80-100 -
Grade 4C new production steel bales 80-95 -
Grade 5C loose light steel scrap (light iron) 50-70 -
Grade 7B mixed steel turnings 50-70 -
Grade 8B mixed cuttings 70-100 -
Grade 9 heavy cast iron (over size) 60-80 -
Grade 10 light cast iron 70-85 -
Grade 11 cast iron borings 40-65 -
Grade 12 a new production heavy steel scrap  100-110 -
Car engines 80-100 -
     

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