Homescrap-metal-pricesCopper Scrap Metal Prices and Ship Breaking Prices Update

May 4, 2015

In this post – Latest copper scrap metal prices and aluminum prices in the USA are posted as well as the latest ship breaking and demolition recycling prices.

Ship Breaking Scrap Prices

An unprecedented supply of capesize bulkers swamped the market this week, putting downward pressure on prices as frantic cash buyers looked to sell their vessels before the seemingly inevitable correction in levels hit the markets once again.Most vessels (even tankers and containers) are now trading at or even below USD 400/LT LDT as end buyers are able to cherry-pick from the plethora of available units on offer.

For week 18 of 2015, GMS demo rankings for the week are as below:


Demo Ranking Country Market Sentiment GEN CARGO




1 India Weak USD 375/lt ldt USD 400/lt ldt
2 Pakistan Steady USD 370/lt ldt USD 400/lt ldt
3 Bangladesh Weak USD 370/lt ldt USD 400/lt ldt
4 Turkey Steady USD 250/lt ldt USD 260/lt ldt
5 China Steady USD 200/lt ldt USD 215/lt ldt

Lion Ship Brokers reports

Bulkers: One more quiet week in the second hand market. We recorded a total of 7 transactions (1
kamsarmax and 6 handysize). Asset values are softening even further as the BDI is still fluctuating at
the historical low levels of 600 points.
Demolition: Subcontinent market continues to soften. Larger bulkers (capes & panamaxes) are facing
levels below $400 per lt, while smaller sizes (handies/handymaxes) are getting circa $375 per lt.

Scrap Metal Prices USA

Copper Scrap Metal Prices
#1 Copper Bare Bright 2.62 Per Pound
#1 Copper Wire and Tubing 2.56 Per Pound
#2 Copper Wire and Tubing 2.39 Per Pound
Copper Sheet 2.24 Per Pound
#1 Insulated Copper Wire 82% Recovery 1.78 Per Pound
#1 Insulated Copper Wire 86% Recovery 2.14 Per Pound
#1 Insulated Copper Wire 92% Recovery 2.27 Per Pound
Romex Mixed 65% Recovery 1.26 Per Pound
Copper Transformer Scrap .15 Per Pound
Data Wire .90 Per Pound
Fire Wire 1.26 Per Pound
Cords .35 Per Pound
Heliax Fiber (40% #2) .35 Per Pound
Heliax Fiber (53% #2) 1.05 Per Pound
Alum Mc .97 Per Pound
Steel BX .15 Per Pound

Aluminum Scrap Metal Prices
Bare Extrusion/ EC Wire .62 Per Pound
Alum Clip .45 Per Pound
Alum Cast .47 Per Pound
Alum Painted Siding .50 Per Pound
Alum Rads Clean .48 Per Pound
Alum Rads (Dirty) .23 Per Pound
Aluminum Wheels (Clean) .68 Per Pound
Aluminum Wheels (dirty) .40 Per Pound

Source Sgt-Scrap

Comments are closed.