Posted on March 31st, 2009 by admin
Members of the London Metal Exchange steel committee met for the first time on March 16 and reviewed progress made in the LME billet contracts.
Turnover since the contracts’ launch in February 2008 now totals 1.3 million tonnes, or $679 million, with volumes increasing progressively since December.
Of significant importance is the decision by leading price providers [...]
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Posted on March 31st, 2009 by admin
Current scrap metal prices for various grades of tin are provided below in pounds per USD and are shown less then truck load and truck load (LTL, TL)
Block Tin 3.16 4.21 lbs USD
Pewter 1.97 3.28 lbs USD
High Tin Babitt 1.82 3.04 lbs USD
Solder Dross 0.47 0.94 lbs USD
Sn/Pb Solder Scrap 0.76 1.52 lbs USD
Lead Free [...]
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Posted on March 30th, 2009 by admin
Some basic recycling prices for scrap metals in India are shown below (LTL, TL)
Old Mixed Aluminium 19.22 24.87 Kg. INR
Old Yellow Brass 61.05 101.75 Kg. INR
No.2 Scrap Copper 144.71 161.67 Kg. INR
Mixed Lead 29.39 48.61 Kg. INR
Nickel Scrap 353.87 471.45 Kg. INR
No.2 Steel 9.16 11.45 Kg. INR
Stainless Scrap 44.09 [...]
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Posted on March 30th, 2009 by admin
Several large government surplus auctions end on March 31, 2009 at 5pm These auction events are 4109 and 4066. Both these auction events have numerous lots of surplus items, scrap and equipment including:
4,000 lbs of cable wire on spools, refrigerators, auto shop set, filing cabinet with safe, plasma cutter, electrical equipment shelter and much more. [...]
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Posted on March 30th, 2009 by admin
The base metals complex ended mostly lower on Friday as profit-booking came in prior to the weekend. However, base metals have entered a consolidation mode as prices slipped from their highs but did not fall sharply. In the last week prices have seen consolidation along with upward lurches but the downside was supported as risk [...]
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Posted on March 29th, 2009 by admin
prices below are based upon current spot market prices. Prices for scrap metal shown are in USD per lb and are shown LTL, TL
Mixed Magnetic Stainless Steel Scrap 0.05 0.10 lbs USD
Mixed Non Magnetic Stainless Steel Scrap 0.39 0.52 lbs USD
309 Stainless Steel Scrap 0.58 0.78 lbs USD
310 Stainless Steel Scrap 0.98 1.30 lbs USD
316 [...]
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Posted on March 28th, 2009 by admin
Prices for scrap copper metal are shown below in USD per pounds. Prices are LTL, TL.
No.1 Heavy Scrap Copper 1.52 1.67 lbs USD
No.2 Scrap Copper 1.33 1.48 lbs USD
Light Scrap Copper 1.14 1.29 lbs USD
No.1 Bare Bright Copper Wire [...]
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Posted on March 27th, 2009 by admin
US exports1.128 million tons of scrap in January – According to the related statistics, US exported 1.1 million tons of scrap in January, decreasing by 15.1 percent compared to the same period of last year.
China imported 272,000 tons of scrap from US, up by 68.7 percent year-on-year. Turkey’s scrap shipments from US totaled 212,000 tons, [...]
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