October 9, 2024-North American Scrap Metal Prices Fell on the Index

TORONTO (Scrap Monster): The North American scrap metal prices recorded a decline on the ScrapMonster Price Index  as of Wednesday, October 9, 2024. Copper and Stainless Steel scrap prices registered a marginal decline. Also, Aluminum scrap prices dropped from the day before. Meanwhile, Brass/Bronze and Steel scrap prices witnessed no change on the Index.

Copper Scrap Prices

The price of Alternator recorded no change. #1 Copper Wire and Tubing prices dropped by $0.04 per Lb. #2 Copper Wire and Tubing prices were also down by $0.04 per Lb. The price of #1 Copper Bare Bright edged lower by $ 0.04 per Lb.

The price of #1 Insulated Copper Wire 85% Recovery witnessed a decline of $0.01 per Lb on the Index over the previous day. #2 Insulated Copper Wire 50% Recovery prices were down by $0.01 per Lb over the day. #3 Copper-Light copper prices inched lower by $0.04 per Lb.

The prices of Copper Radiator scrap witnessed a decline of $0.02 per Lb on the Index.

Copper Transformer Scrap prices held steady.

Cu Yokes prices were unchanged over the previous day.

Cu/Al Radiator Ends, Cu/Al Radiators, and Cu/Al Radiators/Fe remained stable as of October 9, 2024.

Harness Wire 35% Recovery and Heater Cores prices were down by $0.01 per Lb each over the day.

Romex Wire prices also posted a decline of $0.01 per Lb on the Index.

The prices of Scrap Electric Motors, Starters, and Sealed units were unchanged.

Xmas Lights also reported no change from the previous day’s price levels.

Aluminum Scrap Prices

1100 Scrap prices registered a decline of $0.02 per Lb over the day. The prices of 3003 Scrap also were down by $0.02 per Lb on the Index. The prices of 356 Aluminum Wheels and 6063 Extrusions/Fe too dropped by $0.02 per Lb each.

The prices of 6063 Extrusions and 6063 Extrusions/Fe dropped by $0.02 per Lb over the day.

Also, prices of 5052 Scrap and 6061 Extrusions witnessed a decline of $0.02 per Lb when compared with the prior day.

The prices of Al/Cu Radiators and Al/Cu Radiators/Fe remained unchanged over the day. Aluminum Radiators price recorded marginal decline by $0.01 per Lb from the day before. Aluminum Radiators/Fe and Aluminum Transformers prices held steady. Breakage 50% Recovery prices witnessed a decline of $0.01 per Lb as of October 9, 2024.

E.C Aluminum Wire prices recorded a decline of $0.03 per Lb on the Index.

Chrome Wheels, Litho Sheets, and MLC Clips prices inched lower by $0.02 per Lb.

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

The prices of Old Cast and UBC inched lower by $0.02 per Lb each over the previous day.

Old Sheet, Painted Siding, and Zorba 90% NF prices also were down by $0.02 per Lb on the Index.

Steel Scrap Prices

#1 Bundle prices remained flat.

The prices of #1 Busheling and #1 HMS too reported no change as of October 9, 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 prices saw marginal decline by $0.01 per Lb on the Index.

301 SS and 304 SS Solid prices were down by $0.01 per Lb over the previous day.

304 SS Turning prices recorded a decline of $0.01 per Lb as of October 9, 2024.

309 SS and 316 SS Solid prices were down by $0.02 per Lb each.

310 SS prices declined by $0.03 per Lb from the prior day.

In the meantime, 330 SS prices declined by $0.04 per Lb 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 flat as of Wednesday, October 9, 2024.

Brass Radiator /Fe and Brass Radiator Ends witnessed no change from the previous day’s price levels.

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

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