Scrap Metal Prices and Scrap Metal Auctions

WorldScrap- Due to the lack of liquidity in the market, the London Metal Exchange (LME) future aluminum priced down from the highest price on the 8th March. The last price ended with a little higher at 2233 points, up by 8 points or by 0.36%. On Monday, Stockpiles of LME copper inventories fell by 6,225 [...]

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According to www.commodityonline.com  - Global copper prices recovered in European trade Friday as China signaled it would maintain its economic stimulus, supporting hopes that demand from the world’s top consumer of industrial metals would remain firm.
However, trading was slow ahead of crucial U.S. payrolls data expected to show a big loss of jobs due to [...]

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02/03/10 Chinese Spot Prices for scrap metals – prices are in USD per ton
Motor copper $7,329
#1 Bare Bright $7,871
Shred Taint $1,843
Shred Tense $1,872
#1 Nickel $21,571
Shred Zinc $1,979
304 SS Sabot (18-8) $1,886
Lead $1,914
HMS $360
AOO Al Ingot $2,286
Shred SS (Ni = 7.8~8.0%) $1,957
Steel-making Pig Iron $399
Casting Pig Iron $421

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24/02/10 Chinese Spot Prices for scrap metals – prices are in United States Dollars per Ton
Motor copper $7,143
#1 Bare Bright $7,686
Shred Taint $1,857
Shred Tense $1,886
#1 Nickel $21,786
Shred Zinc $1,992
304 SS Sabot (18-8) $1,843
Lead $1,914
HMS $360
AOO Al Ingot $2,300
Shred SS (Ni = 7.8~8.0%) $1,914
Steel-making Pig Iron $399
Casting Pig Iron $421
Source www.worldscrap.com

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WorldScrap (www.worldscrap.com )- LME aluminium futures closed down $21 at $2,240 yesterday as the inventories added 18,525 tons, bringing the total levels of 4,640,750 tons. SHFE aluminium contract 1004 ended at 17,060RMB/T, with loses of 340RMB/T. Range ran from 16,930-17,370RMB/T and position reduced 8,300 hands, with rising trade volume. The price in spot market: Changjiang [...]

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22/01/10 Chinese Spot Prices for various scrap metals. Prices are in USD per ton.
Motor copper $7,329
#1 Bare Bright $7,871
Shred Taint $1,857
Shred Tense $1,900
#1 Nickel $20,286
Shred Zinc $2,271
304 SS Sabot (18-8) $1,829
Lead $2,029
HMS $347
AOO Al Ingot $2,421
Shred SS
(Ni = 7.8~8.0%)
$1,900
Steel-making Pig Iron $386
Casting Pig Iron $423
Courtesy www.worldscrap.com

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Steel and iron ore imports decline in August in China
According to the report of China’s Custom, Chinese steel and iron ore imports dropped comparing to July. However, the total steel and iron ore imports from January to August increased by volume compared with the same period of 2008.
Steel import in August was 1.59 million tons, [...]

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We have completely updated our website page dedictaed to Chinese scrap metal prices, base metal prices and other metal prices in China.  The web page is http://scrapmetalpricesandauctions.com/china
We would like your comments on this page.  If you wish to see other pricing or have any opinions please use comment link below to submit your comments to site.  [...]

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China Main Area Weekly Summary-Steel Scrap Recycling Prices. Feb.1-Feb.6, 2009.  Prices below are shown feb 1 price, then feb 6 price and then the price change (+/-).
Chongqing 2650 2650 + 0
Zhangjiagang 2620 2710 +90
Tangshan 2350 2450 +100
Laiwu 2708 2708 0
Loudi 2650 2800 +150
Lingyuan 2700 2800 +100
Beijing 2400 2600 +200
Jinan 2650  2650 0
Hefei 2600 2700 +100
Jiangyin [...]

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Jan.14 MetalBiz–Steel scrap suffered the extraordinary period in the year of 2008.
In the first half of the year, along with the stable growth of steel products prices and the soaring of raw material prices, steel scrap market continued its upward trend of 2007, the price kept surging, successively hit record highs. Then in the latter [...]

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