January 7, 2025-North American Scrap Metal Prices Increased on the Index
The prices of Old Cast and UBC witnessed no change over the previous day.
TORONTO (Scrap Monster): The North American scrap metal prices edged higher on the ScrapMonster Price Index as of Tuesday, January 7, 2025. Steel and Stainless Steel scrap prices witnessed no change on the Index. Copper scrap prices registered a marginal increase. Also, Aluminum and Brass/Bronze scrap prices edged higher marginally on the Index.
The price of Alternator scrap remained unchanged over the previous day. The price of #1 Copper Wire and Tubing increased by $0.06 per Lb. #2 Copper Wire and Tubing prices were also up by $0.06 per Lb. The price of #1 Copper Bare Bright edged higher by $ 0.06 per Lb.
The prices of #1 Insulated Copper Wire 85% Recovery prices were up by $0.01 per Lb over the previous day. #2 Insulated Copper Wire 50% Recovery prices also increased by $0.01 per Lb on the Index. #3 Copper-Light copper prices recorded an increase of $0.06 per Lb.
The prices of Copper Radiator scrap edged higher by $0.01 per Lb on the Index.
Copper Transformer Scrap remained unchanged.
Cu Yokes and Cu/Al Radiator Ends prices reported no change over the previous day.
Cu/Al Radiators and Cu/Al Radiators/Fe prices were up by $0.03 per Lb each as of January 7, 2025.
Harness Wire 35% Recovery, Heater Cores and Romex Wire prices increased by $0.01 per Lb over the day.
The prices of Scrap Electric Motors, Starters, Sealed units, and Xmas Lights reported no change from the previous day’s price levels.
1100 Scrap prices remained flat over the day. The prices of 3003 Scrap were flat on the Index. The prices of 356 Aluminum Wheels and 6063 Extrusions/Fe also were unchanged.
The prices of 6063 Extrusions held steady over the day.
Meantime, prices of 5052 Scrap and 6061 Extrusions remained flat when compared with the prior day.
The prices of Al/Cu Radiators and Al/Cu Radiators/Fe were up by $0.03 per Lb each over the day. Aluminum Radiators and Aluminum Radiators/Fe prices held steady. Aluminum Transformers and Breakage 50% Recovery prices remained unchanged as of January 7, 2025.
E.C Aluminum Wire prices were up by $0.01 per Lb on the Index.
Chrome Wheels, Litho Sheets, and MLC Clips held steady at the previous day’s price levels.
Mixed Aluminum Turnings prices also remained unchanged.
The prices of Old Cast and UBC witnessed no change over the previous day.
Old Sheet, Painted Siding, and Zorba 90% NF prices also were unchanged.
#1 Bundle prices remained flat.
The prices of #1 Busheling and #1 HMS too reported no change as of January 7, 2025.
HMS 80/20 prices held steady on the Index.
Sheet Metal, Shredded Auto Scrap, and Structural Steel also saw no change in prices when compared with the previous day.
201 SS and 301 SS prices reported no change.
304 SS Solid prices also remained flat over the previous day.
304 SS Turning witnessed no change in prices as of January 7, 2025.
309 SS and 310 SS prices saw no change in price from the previous day’s level.
330 SS prices were flat.
Also, 316 SS Solid prices remained unchanged on the Index.
The Brass/Bronze Scrap prices in the North American region witnessed increase on the Index.
70/30 Brass Scrap, 80/20 Brass Scrap, 85/15 Brass Scrap, and Brass Radiator scrap prices were up by $0.01 per Lb as of Tuesday, January 7, 2025.
Brass Radiator /Fe and Brass Radiator Ends prices maintained the previous day's price levels.
Red Brass, Red Borings and Yellow Brass prices also increased by $0.01 per Lb on the Index.
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Scrap Metal Prices
| Copper Scrap | ||
| Alternator | 0.42 | $US/Lb |
| #1 Copper Bare Bright | 4.36 | $US/Lb |
| Aluminum Scrap | ||
| 356 Aluminum Wheels (Clean) | 0.83 | $US/Lb |
| 6061 Extrusions | 0.73 | $US/Lb |
| Steel Scrap | ||
| #1 Bundle | 360.00 | $US/MT |
| #1 Busheling | 380.00 | $US/MT |
| Electronics Scrap | ||