Market Update-Dec 5, 2016: North American copper scrap prices rise sharply

The North American copper scrap prices rose sharply on December 5th, Monday.

TORONTO (Scrap Monster): The North American copper scrap prices rose sharply on ScrapMonster Price Index  as on December 5^th, Monday.

Alternator prices were up marginally by $0.01 per Lb during the day. The price of #1 Copper Wire and Tubing surged higher by $0.05 per Lb. #2 Copper Wire and Tubing prices were also up by $0.05 per Lb. The price of #1 Copper Bare Bright also went higher by $ 0.06 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery and #2 Insulated Copper Wire 50% Recovery went higher by $0.03 and $0.02 per Lb respectively from the previous day. The prices of #3 Copper-Light copper were up by $ 0.05 per Lb.

The prices of Cu Yokes and Copper Transformer Scrap were up by $0.01 per Lb on December 5^th.

Copper Radiator prices were up by $0.02 per Lb at $1.45 per Lb.

Cu/Al Radiator Ends prices went higher marginally by $0.01 per Lb 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, Scrap Electric Motors, Sealed units and Xmas Lights remained unchanged over the previous day.

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