Market Update-Nov 9, 2016: North American copper scrap prices rise sharply
The North American copper scrap prices rose sharply on November 9th, Wednesday.
TORONTO (Scrap Monster): The North American copper scrap prices rose sharply on ScrapMonster Price Index as on November 9th, Wednesday.
Alternator prices remained flat during the day. The price of #1 Copper Wire and Tubing surged higher by $0.08 per Lb. #2 Copper Wire and Tubing prices were also up by $0.08 per Lb. The price of #1 Copper Bare Bright also went higher by $ 0.08 per Lb.
The prices of #1 Insulated Copper Wire 85% Recovery and #2 Insulated Copper Wire 50% Recovery went higher by $0.02 per Lb each from the previous day. The prices of #3 Copper-Light copper were up by $ 0.08 per Lb.
The prices of Cu Yokes and Copper Transformer Scrap were up by $0.01 per Lb on November 9th.
Copper Radiator prices were up by $0.02 per Lb at $1.39 per Lb.
Cu/Al Radiator Ends prices held steady over the previous day.
The price of Cu/Al Radiators and Cu/Al Radiators/Fe increased by $0.01 per Lb each.
Heater Cores prices rose by $0.02 per Lb. Harness Wire 35% Recovery prices too appreciated by $0.02 per Lb.
Meanwhile, Romex Wire prices edged higher by $0.02 per Lb over the previous day.
The prices of Starters were up by $0.01 per Lb.
Scrap Electric Motors, Sealed units and Xmas Lights prices remained unchanged.
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Scrap Metal Prices
Copper Scrap | ||
Alternator | 0.41 | $US/Lb |
#1 Copper Bare Bright | 4.30 | $US/Lb |
Aluminum Scrap | ||
356 Aluminum Wheels (Clean) | 0.80 | $US/Lb |
6061 Extrusions | 0.70 | $US/Lb |
Steel Scrap | ||
#1 Bundle | 360.00 | $US/MT |
#1 Busheling | 380.00 | $US/MT |
Electronics Scrap |