March 16 2013
Scrap prices surge according to an article at YIEH, United States scrap prices surged substantially from a week ago.
It was reported that the average prices of H1 scrap in Pittsburgh, Chicago and Philadelphia were at US$ 372.50/long ton on March 11st, 2013, jumping by US$25.33/ton from a week ago. Among them, the average H1 scrap prices in Pittsburgh were at US$369.5/long ton, soaring by US$30/long ton; those in Chicago were at US$384.50/long ton, rising by US$36/long ton and those in Philadelphia was at US$363.5/long ton, increasing by US$10/long ton, all compared to the prices in a week earlier. In the given period of time, the average H1 scrap in New York, Boston, and Houston were at US$316.17 /long ton, increasing by US$5/long ton from a week ago.
We received some reference scrap pricing from our US sources as follows:
Copper Scrap Prices USD per LB
#1 Bussbar $3.02
Bare Bright $3.02
#1 Copper $2.84
#2 Copper $2.68
Light Copper $2.70
Plated Copper $2.80
High Grade Wire 75% $1.80
Reg Wire 50-55% $0.98
Low Grade Wire $0.40
Xmas Light Wire $0.30
Steel USD per 100 LB
P&S 5′ and under $11.75
P&S Unprepared $10.00
#1 HMS $11.25
#1 HMS Unprepared/Cast $10.00
Torchable $8.75
Light Iron $9.50
Cars $9.50
Steel BX Wire $0.20
In the midwest as reported by Iron Mike , steel scrap pricing is as follows:
Scrap #1 Busheling $370.00 gt
Scrap #1 Baling $345.00 gt
Scrap Plate and Struct 2′x 5′ $350.00 gt
Scrap Plate and Struct scrap (unprep) $325.00 gt
Scrap Heavy Melt 2′x 5′ $310.00 gt
Scrap Auto Cast $370.00 gt
Scrap Sheet Iron $250.00 gt
Scrap Engine Block (clean) $345.00 gt
Scrap Engine Block (dirty) $300.00 gt
New Zealand prices as reported by Metalcorp NZ LTD are as follows:
Prices per KG
Aluminum
Cans 1.10
Cast 1.16
Clip 1.24
Domestic 1.16
Extrusion 1.45
Irony .31
Copper
No 1 7.75
No 2 7.24
Domestic 6.91
Burnt 6.91
Radiators 4.29
