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Corin Williams

The editor

Knee-jerk reactions won't solve long-term problems

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Markets - Weekly Prices Update - 30 June 2017

30 June, 2017By Carrie Bone

Full screengold

 

 

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

Summary

All the high value metals grades dropped in price.

Brass scrap erased last week’s losses, making gains as did the bronze and gun metal grades by £50 - £100 per tonne.

Aluminium also regained its previous week losses as did all of the copper grades by £25 - £100 per tonne.

Lead scrap prices shot up by £150 per tonne.

A handful of nickel and alloy prices slipped further. 

 

PRN £/tonne change
Paper 1.00 -
Aluminium 10 -
Steel 5-6 -
Plastics 55-65 -
Glass aggregate 12 -
Glass remelt 12 -
Wood 2-3 -
Energy Recovery  0.50-0.75 -

 

High Value Metals £/gramme change
Platinum  22.61 ↓1.13
Platinum scrap   16.82 ↓0.11
Palladium 21.28 ↓1.31
Fine gold 30.74 ↓1.12
9ct gold 11.23 ↓0.33
Fine silver 0.371 ↓0.010
925 silver 0.343 ↓0.009

 

Brass £/tonne change
Cuttings 2400-2500 -
Clean rod swarf 2400-2500 -
Unsorted brass scrap 2400-2500 -
Mixed brass scrap 2600-2700 ↑50

 

Bronze & gun metals £/tonne change
Commercial GM scrap 3000-3100 ↑100
GM borings 2950-3050 ↑100
Commercial PB scrap 3150-3250 ↑50
Brass & copper radiators 2150-2250 ↑50

 

Aluminium £/tonne change
Pure cuttings 900-1000 ↑50
Mixed alloy cuttings 650-850 ↓50
Clean cast 700-850 -
Old rolled 650-775 ↑75
Irony aluminium  200-250 -
Turnings 400-525 ↑25
Loose litho 1050-1150 ↑50
Clean aluminium wheels 950-1050 ↑50
Alu/copper radiators 1650-1800 ↑100
Extrusion: clean 1150-1250 ↑100
Extrusion: painted 1100-1150 ↑50

 

 

Copper £/tonne change
Dry bright wire 4000-4100 ↑100
Greasy bright wire 3400-3550 ↑50
Clean flat bus bar 3875-4000 ↑100
No 1 burnt wire 3700-3825 ↑25
No 2 burnt wire 3400-3500 ↑100
Cylinders 3250-3300 ↑100
Clean and painted 3500-3600 ↑100
New copper tube 3850-4000 ↑100
Heavy copper 3500-3600 ↑100
Braziery copper 3000-3100 ↑50
Clean pyro cable 1800-1875 ↑25
PVC pyro cable 1425-1500 -

 

Cables £/tonne change
Household 1300-1400 ↑100
Low grade 750-850 -
Aluminium low grade 200-300 -

 

Lead  £/tonne change
Collected scrap 1250-1350 ↑150
Batteries 500-600 -

 

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

 

Nickels and alloys  £/tonne change
18/8 stainless steel solids 500-600 ↓20
18/8 stainless steel turnings 240-320 ↓20
18/10/3 stainless steel solids 800-900 ↓20
18/10/3 stainless steel turnings 400-440 ↓20
17% chrome iron 200-240 -
13% chrome iron 110-150 -
Pure nickel solids 5400 ↓100
Pure tungsten 7800 -
Pure molybdenum 11946 ↓285
Pure cobalt 45471 ↓308
Wrought clean monel 2840-3000 -
Monel turnings 1460-1560 -
70/30 cupronickel 3100-3180 -
90/10 cupronickel 2740-2940 -
Clean tungsten carbide 6260-6360 -
18/4/1 high-speed solids 200-240 -
18/4/1 high-speed turnings 200-220 -
6/5/2 high-speed solids 200-240 -
6/5/2 high-speed turnings 140-180 -

 

White metals   £/tonne change
Mixed pewter 6916 -
39% tinman’s solder 5020 -
29% plumber’s solder 3538 -
Solder joints 1879 -
6% mixed type metal 1712 -
     
Aluminium ingots    £/tonne change
LM2 1740 -
LM4 1780 -
LM6 1985 -
LM24 1650 -
LM25 1960 -
LM27 1780 -
Standard remelt ingots 1520 -
Mixed remelts 1540 -

 

Ferrous Metals £-tonne change
Broken foundry cast iron  100-120 -
Foundry short steel 135-150 -
Grade 0A heavy structural and plate 100-160 -
Grade 1 5ft old steel 110-140 -
Grade 2 2ft old steel 110-140 -
Grade 4C new production steel bales 115-135 -
Grade 5C loose light steel scrap (light iron) 60-80 -
Grade 7B mixed steel turnings 70-90 -
Grade 8B mixed cuttings 90-115 -
Grade 9 heavy cast iron (over size) 80-100 -
Grade 10 light cast iron 70-100 -
Grade 11 cast iron borings 60-90 -
Grade 12 a new production heavy steel scrap  135-155 -
Car engines 145-180 -
     
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