November 15, 2024-North American Scrap Metal Prices Displayed Mixed Trend on the Index

TORONTO (Scrap Monster): The North American scrap metal prices witnessed mixed trend on the ScrapMonster Price Index as of Friday, November 15, 2024. Steel and stainless steel scrap prices witnessed no change on the Index. Copper scrap prices registered a marginal decline, whereas Aluminum scrap prices edged higher on the Index. Brass/Bronze scrap prices remained flat on the Index.

Copper Scrap Prices

The price of Alternator scrap remained unchanged over the previous day. The price of #1 Copper Wire and Tubing declined by $0.03 per Lb. #2 Copper Wire and Tubing prices were also down by $0.03 per Lb. The price of #1 Copper Bare Bright inched lower by $ 0.03 per Lb.

The prices of #1 Insulated Copper Wire 85% Recovery prices witnessed no variation over the previous day. #2 Insulated Copper Wire 50% Recovery prices were unchanged on the Index. #3 Copper-Light copper prices recorded a decline of $0.03 per Lb.

The prices of Copper Radiator scrap recorded no change on the Index.

Copper Transformer Scrap remained unchanged.

Cu Yokes prices reported no change over the previous day.

Cu/Al Radiator Ends and Cu/Al Radiators remained stable as of November 15, 2024.

Cu/Al Radiators/Fe, Harness Wire 35% Recovery, and Heater Cores prices held steady over the day.

Romex Wire prices were flat on the Index.

The prices of Scrap Electric Motors, Starters, Sealed units, and Xmas Lights reported no change from the previous day’s price levels.

Aluminum Scrap Prices

1100 Scrap prices recorded an increase of $0.03 per Lb over the day. The prices of 3003 Scrap were up by $0.03 per Lb on the Index. The prices of 356 Aluminum Wheels and 6063 Extrusions/Fe also jumped by $0.03 per Lb.

The prices of 6063 Extrusions went higher by $0.04 per Lb over the day.

Meantime, prices of 5052 Scrap and 6061 Extrusions increased by $0.04 per Lb and $0.03 per Lb respectively.

The prices of Al/Cu Radiators and Al/Cu Radiators/Fe remained unchanged over the day. Aluminum Radiators prices were up by $0.02 per Lb. Aluminum Radiators/Fe prices and Aluminum Transformers held steady. Breakage 50% Recovery prices reported an increase of $0.02 per Lb as of November 15, 2024.

E.C Aluminum Wire prices were up by $0.06 per Lb on the Index.

Chrome Wheels, Litho Sheets, and MLC Clips edged higher by $0.03 per Lb, compared with the previous day’s price levels.

Mixed Aluminum Turnings prices also increased by $0.02 per Lb.

The prices of Old Cast and UBC were up by $0.03 per Lb over the previous day.

Old Sheet, Painted Siding, and Zorba 90% NF prices also inched higher by $0.03 per Lb.

Steel Scrap Prices

#1 Bundle prices remained flat.

The prices of #1 Busheling and #1 HMS too reported no change as of November 15, 2024.

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.

Stainless Steel Scrap Prices

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 November 15, 2024.

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.

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in the North American region witnessed no variation on the Index.

70/30 Brass Scrap, 80/20 Brass Scrap, 85/15 Brass Scrap, and Brass Radiator scrap prices were unchanged as of Friday, November 15, 2024.

Brass Radiator /Fe and Brass Radiator Ends prices maintained the previous day's price levels.

Red Brass, Red Borings and Yellow Brass prices also held steady on the Index. 

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