Scrap Metal Prices and Scrap Metal Auctions

Event 7576 – Bidding begins on February 2, 2010
Lot 7200 – LOT (145, 000LBS) APPROXIMATELY OF FIRED STEEL SCRAP TO INCLUDE 105MM EXPENDED SHELL CASINGS, GREEN AND WHITE BAG CANNISTERS WITH LIDS – Fort Sill, OK
Fired Steel – Bid Online Now!

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Here are several charts of copper prices:

Copper scrap prices have declined over the last couple weeks following the copper price charts above. We would be interested in what our readers think of where the price of scrap copper will go. Your comments on this post are welcome and appreciated.

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During the fourth week of January, Japanese H2 scrap average price in the Kanto region, Middle part and Kansai region was￥27,188/ton, up by ￥856/ton than the previous week.
H2 scrap average price in the Kanto region was ￥28,750/ton, up by ￥667/ton than the previous week; that in Middle part was ￥25,580/ton, up by ￥900/ton; and the [...]

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Looking for surplus equipment and scrap metal auctions? 
New Auctions of Surplus Equipment and Scrap Metals – Click Here!

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Large scrap metal auction of copper radiators – Event 7549 – Bidding begins January 25, 2010
Lot 1 – LOT (30, 000LBS) APPROXIMATELY COPPPER BEARING RADIATOR, SCRAP AT PUGET SOUND NAVAL SHIPYARD. TERM CONTRACT IS FOR 6 MONTHS – Bremerton, WA
Copper Radiator Scrap – Bid Online Now!

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Chinese Spot Prices for scrap metals on January 29, 2010. Prices are in US dollars per ton of scrap material -
Motor copper $7,071
#1 Bare Bright $7,614
Shred Taint $1,814
Shred Tense $1,857
#1 Nickel $20,229
Shred Zinc $2,071
304 SS Sabot (18-8) $1,800
Lead $1,914
HMS $344
AOO Al Ingot $2,314
Shred SS (Ni = 7.8~8.0%) $1,871
Steel-making Pig Iron $386
Casting Pig Iron $423
Source www.worldscrap.com

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Taiwan’s Feng Hsin Iron & Steel has announced to cut rebar price again today in line with weak scrap price, according to www.yieh.com
The company is cutting rebar price from NT$18,500/ton to NT$18,200/ton, and the scrap purchasing price also reduced from NT$11,800~12,300/ton to NT$11,500~12,000/ton.
However, the price for steel sections was remained at the same level of [...]

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