3rd May, 2017- North American copper scrap prices witness huge decline on Index

TORONTO (Scrap Monster): The North American copper scrap prices declined sharply on ScrapMonster Price Index  as on May 3^rd, Wednesday.

Alternator prices witnessed decline of $0.01 per Lb over the previous day. The price of #1 Copper Wire and Tubing slipped by $0.09 per Lb. #2 Copper Wire and Tubing prices were also down by $0.09 per Lb. The price of #1 Copper Bare Bright also went lower by $ 0.09 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery declined by $0.03 per Lb. #2 Insulated Copper Wire 50% Recovery prices too were down by $0.02 per Lb from the previous day prices. #3 Copper-Light copper prices dropped sharply by $0.09 per Lb.

The prices of Copper Radiator declined by $0.02 per Lb over the previous day.

Copper Transformer scrap and Cu/Al Radiator Ends prices dropped by $0.01 per Lb each on the Index.

Cu/Al Radiators/Fe and Cu Yokes prices dropped by $0.01 per Lb and $0.02 per Lb respectively over the previous day.

Meanwhile, Romex Wire prices saw decline of $0.03 per Lb on May 3^rd.

Harness Wire 35% Recovery prices decreased by $0.02 per Lb. The prices of Heater Cores too witnessed marginal decline of $0.01 per Lb.

Scrap Electric Motors and Sealed units were down marginally by $0.01 per Lb each.

Starters and Xmas Lights too declined by $0.01 per Lb each over the previous day.

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