Markets - Weekly Prices Update 16 January 2015

16 January 2015 | By Emmanuil Papavasileiou

MRW’s regular reporting of movements in the markets for secondary materials

Summary

PRN prices are stable this week.

The prices of high value metals have risen, with the exception of palladium.

Copper prices reached a five year low on Wednesday due to the decline in the oil price and fewer purchases by metal buyers, which is an indication of global oversupply. As a result, secondary copper prices are down from £10-£30 per tonne.

Ferrous prices are stable.

PRNs

Grade:	£/tonne	change
Paper	0.70-0.80	-
Aluminium	7-9	-
Steel	7-9	-
Plastics	19-20	-
Glass:Aggregate	18-20	-
Glass: Remelt	18-20	-
Wood	1-1.50	-
Mixed Energy	0.50-1	-

High Value Metals

Grade:	£/gramme	change
Platinum	26.56	↑1.05
Platinum scrap	19.36	↑0.76
Palladium	16.47	↓0.33
Fine gold	26.62	↑0.99
9ct gold	9.68	↑0.36
Fine silver	0.322	↑0.012
925 silver	0.299	↑0.012

Non Ferrous Metals

White metals	£/tonne	change
Mixed pewter	6510	-
43% tinman’s solder	4850	-
39% tinman’s solder	4290	-
29% plumber’s solder	3020	-
Solder joints	1505	-
6% mixed type metal	1130	-

Aluminium ingots	£/tonne	change
LM2	1520	-
LM4	1550	-
LM6	1600	-
LM24	1500	-
LM25	1610	-
LM27	1550	-
Standard remelt ingots	1325	-
Mixed remelts	1250	-

Brass	£/tonne	change
Cuttings	2150-2200	↓10
Clean rod swarf	2100-2180	-
Unsorted brass scrap	2000-2100	-
Mixed brass scrap	2000-2160	↓10

Bronze & gun metals	£/tonne	change
Commercial GM scrap	2800-2980	↓20
GM borings	2750-2870	-
Commercial PB scrap	2800-3000	-
Brass and copper radiators	2010-2120	↓10

Zinc	£/tonne	change
Zinc base scrap	550-600	-
New cuttings	500-590	-

Lead	£/tonne	change
Collected scrap	900-950	-
Batteries	400-420	-

Nickels and alloys	£/tonne	change
18/8 stainless steel solids	500-680	-
18/8 stainless steel turnings	200-280	-
18/10/3 stainless steel solids	780-1060	-
18/10/3 stainless steel turnings	500-640	-
17% chrome iron	140-160	↓10
13% chrome iron	110-130	↓10
Pure nickel solids	6780	-
Pure tungsten	14320	-
Pure molybdenum	14240	↓10
Pure cobalt	19060	-
Wrought clean monel	3500-3,40	-
Monel turnings	1600-1700	-
70/30 cupronickel	3,100-3,00	-
90/10 cupronickel	2820-3020	-
Clean tungsten carbide	13280-13540	-
18/4/1 high-speed solids	860-1000	-
18/4/1 high-speed turnings	240-300	-
6/5/2 high-speed solids	700-800	-
6/5/2 high-speed turnings	160-240	-

Copper	£/tonne	change
Dry Bright Wire	3500-3540	↓30
Greasy Bright Wire	3480-3500	↓30
Clean flat bus bar	3350-3570	↓10
No1 Burnt wire	3370-3390	↓10
No 2 burnt wire	3300-3310	↓10
Cylinders	3100-3120	↓30
Clean and Painted	3300-3450	↓30
New copper tube	3500-3550	↓10
Heavy copper	3200-3370	↓10
Braziery copper	2800-2870	↓30
Clean pyro cable	1750-2050	↓10
PVC pyro cable	1350-14800	↓20

Cables	£/tonne	change
Household	1200-1300	-
Low grade	750-850	-
Aluminium low grade	300-320	-

Aluminium	£-tonne	change
Pure cuttings	900-1000	↓20
Mixed alloy cuttings	800-900	-
Clean cast	700-860	↑10
Old rolled	650-800	-
Irony Aluminium	340-460	↑10
Turnings	550-650	↑20
Loose litho	850-970	-
Clean aluminium wheels	930-1000	-
Alu/copper radiators	1550-1630	↓10
Extrusion: clean	850-990	-
Extrusion: painted	820-930	-

Ferrous Metals

Ferrous	£/tonne	change
Broken foundry cast iron	80-90	-
Foundry short steel	90-105	-
Grade 0A heavy structural and plate	95-105	-
Grade 1 5ft old steel	90-110	-
Grade 2 2ft old steel	90-110	-
Grade 4C new production steel bales	90-100	-
Grade 5C loose light steel scrap (light iron)	60-75	-
Grade 7B mixed steel turnings	60-70	-
Grade 8B mixed cuttings	90-105	-
Grade 9 heavy cast iron (over size)	65-85	-
Grade 10 light cast iron	60-80	-
Grade 11 cast iron borings	80-90	-
Grade 12 a new production heavy steel scrap	100-110	-
Car engines	120-150	-

Source : Click here