Scrap Metal Prices and Scrap Metal Auctions

Current chinese scrap metal prices based upon current spot market prices. Prices are in US dollars per pound (lb)
Motor copper $7,429
#1 Bare Bright $8,129
Shred Taint $2,043
Shred Tense $2,100
#1 Nickel $22,429
Shred Zinc $1,614
304 SS Sabot (18-8) $2,586
Lead $2,157
HMS $505
AOO Al Ingot $2,514
Shred SS (Ni = 7.8~8.0%) $2,486
Steel-making Pig Iron $628
Casting Pig Iron $686
Courtesy www.worldscrap.com

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Current scrap metal price as of August 29, 2008 in Canada based upon spot market prices. Prices are in canadian dollars per lbs and tons. Prices are for partial truck loads and full truck loads.
Old Mixed Aluminium 0.34 0.44 lbs CND
Old Yellow Brass 1.08 1.80 lbs CND
No.2 Scrap Copper 2.72 [...]

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Prices are for current scrap metal prices based upon current spot market prices. LTL and TL prices ae shown
Nickel Scrap 6.15 8.20 lbs USD
Nimonic Scrap 4.61 6.15 lbs USD
Inconel Scrap 4.30 5.74 lbs USD
Ni 60 Scrap [...]

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US H1 scrap prices slide slightly
On August 25, the average price of H1 scrap in Pittsburgh, Chicago, and Philadelphia was US$432.50/long ton, down by US$16.67/long ton from last week. The price of No.2 bundle scrap was at US$427/long ton, as the same as last week.
Among them, the average price of H1 scrap in Pittsburgh [...]

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HISTORIC RISES IN EU STEEL PRICES DESPITE SLOWING DEMAND
EU steel prices are currently at record levels after meteoric advances through the first half of 2008. The MEPS hot rolled coil average transaction value has climbed by €310 per tonne since the low recorded in January of this year. This represents an increase of approximately 65 [...]

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Scrap demand continues decline – In line with softening demand for scrap in the global market, some enterprises have started to cut selling prices to attract more orders.
In Southeast Asia, one of Malaysia’s steel plants was quoted US$500~530/ton for H1 scrap at the beginning of August. But current prices have slid below US$500/ton. The price [...]

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