I hope all is well and you are checking the reported prices that other scrapers have posted online Scrap Market Moving. The posts are really increasing and it looks like a great response from many of you!
Steel News
Steel is down another $10 per ton and the outlook for steel is not very positive for the rest of Scrap Market Moving. Many markets are unsure of what the prices will be and it will be difficult to predict what will happen soon. Prices are difficult to measure and the large quantities of iron ore currently withdrawn from South American countries and many other countries will continue to lower prices.
Copper News
Copper has been relatively flat lately, down a few cents per pound since last week, but nothing bad enough to have a bad effect on prices today. With so much uncertainty in the markets, especially in China, don’t be surprised to see copper fall further in the coming weeks.
Aluminum News
It seems to have settled over the past few weeks with aluminum prices remaining relatively stable, and the same is true for gold. About a month ago, we saw prices drop to just under $1100 an ounce after gold’s big drop.
We hope you can post some of the prices you received online, let us know how else we can help.
- Current Scrap Metal Prices in the USA
- Bare Shiny Copper: $10.75-10.97
- Copper Pipe: $10.45-$10.77
- Clean Rice: $10.05-10.30$
- Insulated Copper: $5.60-15.55
- Aluminum Sheet: $3.36-12.43
- Stainless Steel: $8.37-22.42
- Aluminum Cans: $2.35 – $22.45 (Not CRV Pricing)
- Light Iron: $150-220 per ton
