Scrap Metal Prices and Scrap Metal Auctions » United States

U.S. Scrap Metal Prices Rise in Early 2009

admin — Wed, 14 Jan 2009 12:31:56 +0000

U.S. scrap prices rise – U.S. scrap prices started to rebound since the beginning of this year.

Current prices busheling and HMSI scrap have increased by US$15/ton and US$20/ton respectively.

In the U.S. east coast, busheling price hit US$266-283/ton, shredded scrap price reached US$256/ton, while HMSI was priced at US$207/ ton. On the export side, due to less inventory of import scrap, the global market began to activate.

Looking back in 2008, in the January-October, the U.S scrap exports totaled 14.182 million tons, up by 57.8 percent compared with the same period of last year.

Source: www.yieh.com

United States Scrap Prices Increase In December

admin — Tue, 23 Dec 2008 13:39:04 +0000

American scrap prices increase
American scrap prices went up by US$113/ton during the beginning of December, even though the demand is still weak and some mills have not only cut output but also lowered stock.

Market participants still remain optimistic for scrap price because steel mills will have to purchase some after new year. Besides, the scrap supply is not much due to weather problem and reduction of automotive output, the price will hike up a little.

Eastern American traders forecast that the scrap price will at least increase by US$15/ton but Western America anticipates US$49/ton.

Source: www.yieh.com

United States H1 Scrap Metal Prices Keep Steady

admin — Thu, 20 Nov 2008 13:21:49 +0000

US H1 scrap prices keeps steady

On November 17, the average price of H1 scrap in Pittsburgh, Chicago, and Philadelphia was US$97.50/long ton.

The price of No.2 bundle scrap was US$72/long ton, down by US$30/long ton, which remained the same as last week.

Among them, the average price of H1 scrap in Pittsburgh was US$104.5/long ton and in Chicago was US$89.50/long ton, in Philadelphia was US$98.50.

In east coast, the average price of H1 scrap in New York, Boston, and Huston was US$85.83/long ton, unchanged from last week.
source: www.yieh.com

United States No.2 Bundle Scrap Metal Prices Down November

admin — Thu, 13 Nov 2008 12:09:06 +0000

US No.2 bundle scrap prices down
On November 10, the average price of H1 scrap in Pittsburgh, Chicago, and Philadelphia was US$97.50/long ton, as the same as last week.

The price of No.2 bundle scrap was US$72/long ton, down by US$30/long ton from last week.

Among them, the average price of H1 scrap in Pittsburgh was US$104.5/long ton and in Chicago was US$89.50/long ton, in Philadelphia was US$98.50.

In east coast, the average price of H1 scrap in New York, Boston, and Huston was US$85.83/long ton, down by US$7/long ton from last week.

www.yieh.com

Steel, Iron and HMS Scrap Metal Prices New Low in USA

admin — Thu, 06 Nov 2008 12:56:54 +0000

US H1 scrap prices hit low –

On November 3, the average price of H1 scrap in Pittsburgh, Chicago, and Philadelphia dropped by US$63.33/ton to US$97.50/long ton, reaching a new low from 2003. The price of No.2 bundle scrap was US$102.00/long ton, down by US$37.50/long ton.

Among them, the average price of H1 scrap in Pittsburgh was US$104.50/long ton, decreased by US$90/long ton; in Chicago was US$89.50/long ton, down by US$80/long ton; in Philadelphia was 98.50/long ton, decreased by US$20/long ton than the previous week.

In east coast, the average price of H1 scrap in New York, Boston, and Huston was US$92.83/long ton, down by US$70/long ton from last week.

Source www.yieh.com

Copper Climbs on Strong US Housing Report

admin — Tue, 28 Oct 2008 11:13:31 +0000

Base metals including copper advanced Monday in a short-covering rally triggered by a surprisingly strong US housing data.

Three-month copper on the London Metal Exchange jumped 6.6 per cent to a high of $4025 a tone before closing at $4020. In early trade, the metal, mainly used in the construction and power industries, hit a three-year low of $3590 down 4.9 per cent against Friday’s close of $3775.

A US government report showed a surprise increase in September new home sales, tempering worries about prospect of a deep recession.

Top consumer China’s implied copper consumption rose 5.3 per cent in September from the previous month, but collapsing prices suggest demand is softer than it appears.

Aluminium recovered at the close, up at $2038/2039 a tonne versus $1975 on Friday. The metal, used in power and construction, earlier declined to $1925, its lowest price since October 2005.

Source: www.commodityonline.com

Scrap Iron #1 HMS Prices

admin — Sun, 26 Oct 2008 20:52:57 +0000

Scrap Iron #1 HMS Chicago Mill for 6 months, 1 year, 3 years and 5 years are provided on the webpage www.scrapmetalpricesandauctions.com/iron-steel/scrap-iron-hms-prices-chicago

Current US Scrap Metal Prices

admin — Tue, 14 Oct 2008 11:19:52 +0000

Current scrap metal prices for the early month of October 2008 in the United States for Plate and Structural, #1 & 2 Mixed Steel, #1 and # 2 Copper, Stainless Steel, Shredder Bundles (tin), #1 Bushelings and more can be found at http://www.americanrecycler.com/1008/smmw.shtml .

Steel and Iron Scrap Metal Prices Drop in USA

admin — Thu, 11 Sep 2008 20:07:18 +0000

On September 8, the average price of H1 scrap in Pittsburgh, Chicago, and Philadelphia was US$297.5/long ton, down by US$78.33/long ton from last week. The price of No.2 bundle scrap was at US$244.5/long ton, decreased by US$182.5/long ton.

Among them, the average price of H1 scrap in Pittsburgh was US$299.5/long ton, down by US$175/long ton and in Chicago was US$299.5/long ton, down by US$50/long ton from last week. And the average price of H1 scrap in Philadelphia was 293.5/long ton, dropped by US$10/long ton than the previous week.

In east coast, the average price of H1 scrap in New York, Boston, and Huston was US$256.17/long ton, a decrease of US$152.66/long ton.

source www.yieh.com

Copper Scrap Metal Recycling Prices USA

admin — Thu, 17 Jul 2008 03:53:00 +0000

No.1 Heavy Scrap Copper 3.25 3.40 lbs USD
No.2 Scrap Copper 2.87 3.02 lbs USD
Soldered Copper Pipe Scrap 2.50 2.65 lbs USD
Beryllium Copper Scrap 2.31 2.46 lbs USD
Light Scrap Copper 2.50 2.65 lbs USD
Copper Turnings 2.50 2.65 lbs USD
No.1 Bare Bright Copper Wire 3.33 3.48 lbs USD
No.1 Copper Wire Scrap 3.18 3.33 lbs USD
No.2 Copper Wire Scrap 2.87 3.02 lbs USD
No.1 Copper Wire Nodules 3.44 3.59 lbs USD
No.2 Copper Wire Nodules 2.87 3.02 lbs USD
No.1 Insulated Copper Wire 1.64 1.89 lbs USD
No.2 Insulated Copper Wire 0.98 1.13 lbs USD
No.3 Insulated Copper Wire 0.66 0.76 lbs USD

prices above are spot market prices and based on LTL and TL prices