Posted on October 20th, 2008 by admin
LME base metal prices rebound slightly last Friday -
LME base metals prices all rebounded slightly last Friday as investors enter the market, except for tin price.
Tin price dropped by 3.3 percent to US$13,000/ton, and had decreased by 38 percent since June. Copper price increased by 3 percent to US$4,810/ton. Lead price saw an increase of US$80/ton due to the stock reduce.
Nickel price raised by US$20/ton to US$10,800/ton and zinc price raised by US$50/ton to US$1230/ton. Aluminum price increased to US$2,205/ton, up by US$20/ton.
LME nickel price hit low -
Last Friday, LME nickel price plunged to US$10,585/ton.
Since October 7, the nickel price has sharply plunged by US$1,250/ton and continues to show a downward trend, hitting the lowest price within the last two years.
Steel traders may observe nickel price dropping down to US$10,000/ton this week. Some steel traders are even expecting the price to bottom out, after which they can look forward to a fresh new rebound, leading to better dealings in the stainless steel market.
Source www.yieh.com
Filed under: LME prices | No Comments »
Posted on October 20th, 2008 by admin
As of October 17, 2008 - Provided below are various scrap metal prices in Canada. Prices are in Canadian dollars for full and half truck loads. Prices are based upon spot market prices.
Old Mixed Aluminium 0.30 0.39 lbs CND
Old Yellow Brass 0.77 1.30 lbs CND
No.2 Scrap Copper 1.90 2.07 lbs CND
Mixed Lead 0.35 0.57 lbs CND
Nickel Scrap 4.10 5.47 lbs CND
No.2 Steel 291.81 364.76 ton CND
Stainless Scrap 0.75 1.00 lbs CND
Old Mixed Zinc Scrap 0.20 0.42 lbs CND
Car Bodies 60.79 101.32 ton CND
Unclean Motor Block 162.12 202.65 ton CND
Aluminum Wheels 0.55 0.79 lbs CND
Auto Transmissions 0.12 0.25 lbs CND
Clean Auto Radiators 0.55 0.91 lbs CND
Battery Scrap 0.10 0.15 lbs CND
Lead Wheel Weights 0.23 0.38 lbs CND
Catalytic Converters 18.43 30.59 each CND
Filed under: Canada, Canada Scrap Metal Prices | No Comments »
Posted on October 19th, 2008 by admin
Prices for various automotive and car scrap metal prices are provided below for full truck loads and partial loads. Prices are in pounds per USD or tons per USD
Whole Prepared Car Bodies 51.00 85.00 ton USD
Flattened Car Bodies 61.20 102.00 ton USD
Green Car Bodies 122.40 204.00 ton USD
Unclean Motor Blocks 136.00 170.00 ton USD
Clean Motor Blocks 272.00 340.00 ton USD
Automotive Cast Iron Scrap 272.00 340.00 ton USD
Scrap Steel Wheel Rims 204.00 272.00 ton USD
Scrap Aluminum Wheels 0.46 0.66 lbs USD
Unclean Auto Radiators 0.33 0.65 lbs USD
Clean Auto Radiators 0.46 0.76 lbs USD
Heater Core Scrap 0.28 0.55 lbs USD
Aluminum Auto Rads 0.18 0.30 lbs USD
Whole Scrap Auto Transmissions 0.10 0.21 lbs USD
Irony Aluminum Scrap 0.12 0.23 lbs USD
Irony Zinc Diecast Scrap 0.11 0.22 lbs USD
Irony Magnesium Scrap 0.71 1.42 lbs USD
Scrap Lead Wheel Weights 0.19 0.32 lbs USD
Scrap Lead/Acid Batteries 0.08 0.13 lbs USD
Filed under: auto scrap prices | No Comments »
Posted on October 18th, 2008 by admin
Recycling prices for glass and cullet in USD per ton are provided below for less than truck load and full trucks:
Mixed Scrap Glass 2.25 4.50 ton USD
1/8inch Aggregate Glass 5.25 10.50 ton USD
3/8inch Aggregate Glass 3.75 7.50 ton USD
Scrap PostConsumer Container Glass 3.00 6.00 ton USD
Sorted Clear Container Glass 12.00 24.00 ton USD
Sorted Green Container Scrap 4.50 9.00 ton USD
Sorted Amber Container Scrap 6.75 13.50 ton USD
Plate Glass Scrap 9.00 18.00 ton USD
1/8 inch Plate Glass 17.10 28.50 ton USD
3/8 inch Plate Glass 15.30 25.50 ton USD
Mirror Scrap Glass 2.25 4.50 ton USD
1/8 inch Recovered Mirror Glass 6.48 10.80 ton USD
3/8 inch Recovered Mirror Glass 4.68 7.80 ton USD
Scrap Lab Glass 9.75 19.50 ton USD
Clear/Flint Cullet 36.00 48.00 ton USD
1/8 inch Green Cullet 11.25 15.00 ton USD
3/8 inch Green Cullet 10.35 13.80 ton USD
Green Cullet 9.00 12.00 ton USD
1/8 inch Amber Cullet 27.00 36.00 ton USD
3/8 inch Amber Cullet 24.75 33.00 ton USD
Amber Cullet 22.50 30.00 ton USD
Fine Mesh Glass Powder 18.75 37.50 ton USD
Filed under: glass recycling prices | No Comments »
Posted on October 17th, 2008 by admin
Current aluminum scrap metal prices (LTL, TL) are provided below in USD per pound (lbs). Prices are based upon recent spot market prices:
Old Mixed Aluminum 0.25 0.33 lbs USD
Utensil Aluminum 0.32 0.42 lbs USD
Aluminum Turnings 0.12 0.23 lbs USD
Aluminum Extrusions 0.74 0.89 lbs USD
Low Copper Aluminum 0.73 0.88 lbs USD
Litho Sheets 0.72 0.87 lbs USD
Cast Aluminum 0.70 0.85 lbs USD
Clean Painted Aluminum 0.19 0.38 lbs USD
Painted Aluminum Insulated 0.07 0.14 lbs USD
Coated Aluminum 0.33 0.66 lbs USD
Used Beverage Cans (UBC loose) 0.23 0.47 lbs USD
Shredded UBC 0.55 0.70 lbs USD
Baled UBC 0.58 0.73 lbs USD
Briquetted UBC 0.60 0.75 lbs USD
New Beverage Can Stock 0.65 0.80 lbs USD
Remelt Aluminum Ingot 0.50 0.65 lbs USD
Remelt Aluminum Sows 0.53 0.68 lbs USD
Mixed Irony Aluminum 0.12 0.23 lbs USD
Low Grade Irony Aluminum 0.04 0.09 lbs USD
Auto Transmissions 0.10 0.21 lbs USD
Aluminum Auto Rads 0.18 0.30 lbs USD
Insulated Aluminum Wire 0.23 0.47 lbs USD
Supported Aluminum Cable 0.28 0.55 lbs USD
Bare Aluminum Wire 0.70 0.85 lbs USD
Aluminum Auto Wheels 0.46 0.66 lbs USD
Aluminum Nodules 0.83 1.03 lbs USD
Alumifoil 0.28 0.56 lbs USD
Filed under: aluminum, Aluminum Scrap Metal Prices | No Comments »
Posted on October 17th, 2008 by admin
The exotic and stainless steel metal pricing page www.scrapmetalpricesandauctions.com/exotic-stainless-alloys on the website www.scrapmetalpricesandauctions.com has been updated to now include tantalum scrap vac processors, tantalum scrap vac melter and tantalite prices. The page prices current and historical metal price charts showing the prices in US dollars per pound.
Source: www.scrapmetalpricesandauctions.com
Filed under: Tantalum and Tantalite | No Comments »
Posted on October 16th, 2008 by admin
Posted on October 15th, 2008 by admin
A global trend toward less demand and lower pricing for steel has become pronounced since late July, according to a summary prepared by the London Metal Exchange (LME). For complete article go to http://www.recyclingtoday.com/News/news.asp?Id=14002
Filed under: Steel Scrap, Steel Prices | No Comments »
Posted on October 15th, 2008 by admin
Nucor to decrease rebar prices - Nucor has announced to cut rebar price by US$130/short ton for those shipments from October 13.
In the official notice on October 10, Nucor indicated the price cut is contributed to the downturn of the raw material surcharge for scrap metal.
Nucor had brought down the rebar price by US$30/ton on August 13 and US$70/ton on September 10 separately.
Source www.yieh.com
Filed under: Rebar Prices | No Comments »
Posted on October 14th, 2008 by admin
Base metals remained buoyant. Copper rebounded on the back of global effort to recapitalize banks triggered a broad recovery in financial markets. The recovery came as the U.S. plans to inject $250 billion into its banks, following a concerted European drive to do the same, boosted stock markets. In another development, China’s imports of unwrought copper and semi-finished copper products rose by 20 percent in the month of September as merchants increased spot imports on attractive margins. LME aluminium rose as high as $2,319 a tonne, from $2,255 a tonne, as financial turmoil delayed a $10.6 billion aluminium joint venture between Rio Tinto and Saudi Arabian Mining Co. Alumina refineries in China are shutting down some high-cost capacity as prices fall, refinery sources said on Monday. LME copper touched $5500 a tonne whereas lead climbed to $1645 and zinc made a high of $1520 a tonne.
 Copper prices could face resistance above $5,500 levels as the current revival in prices could be short-lived, i.e. depend on the US Dollar movement. Aluminum prices are expected to trade above $2,200 as prices are as it is below their marginal cost of production. Zinc, Lead and Nickel prices could trade above their lows that they touched earlier as the metals are also trading below their marginal cost of production. Yesterday dollar weakness helped prices to revive from their multi-year lows. Since the macroeconomic picture remains bleak we cannot ignore technical sell-offs and corrections at higher levels and prices will remain susceptible to volatility.
Source www.commodityonline.com
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Filed under: Base Metal Prices | Comments Off
Posted on October 14th, 2008 by admin
Current scrap metal prices for the early month of October 2008 in the United States for Plate and Structural, #1 & 2 Mixed Steel, #1 and # 2 Copper, Stainless Steel, Shredder Bundles (tin), #1 Bushelings and more can be found at http://www.americanrecycler.com/1008/smmw.shtml .
Filed under: United States, scrap metal prices, recycling prices, scrap metal news, US scrap metal prices, Scrap Metal Prices Steel | No Comments »
Posted on October 13th, 2008 by admin
American scrap has been suffering from a serious price plunge since September because of lower demand in both domestic and global markets; the price will drop again during October but buyers are still waiting to see what the future trends will be.
At present, the angle scrap price is US$320~330/ton in the eastern gulf, the fragment scarp price is US$245~255/ton, and the H1 scrap price is US$210~220/ton. Due to the uncertain financial situation, nowadays most steel enterprises have ceased their purchases.
America mainly sells scarp to Turkey but the export volume has been successively reduced because Turkey has just finished Ramadan (a month of fasting) and due to weak domestic market demand; however, American scrap suppliers are still optimistic, they would be glad to offer CFR US$300/ton (Turkish port), which is US$110/ton lower than last month, if buyers would like to purchase.
Source www.yieh.com
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Filed under: Steel Scrap, scrap metal prices, recycling prices | Comments Off