SCRAP
PRICES

Prices Updated:

12/5/2019

Aluminum Siding

$0.32/LB

Aluminum Breakage

$0.06/LB

Aluminum Wheels

$0.45/LB

Batteries

$0.20/LB

#1 Copper

$1.85/LB

#2 Copper

$1.75/LB

Yellow Brass

$1.10/LB

18/8 Stainless

$0.32/LB

STEEL

95 NT

Aluminum scrap exports surge in October

Aluminum scrap exports hit 4-year high

While the United States and China engage in a trade war that seems to have no immediate end in sight, the scrap metal market is in a wait and see mode for some kind of direction.  However, while the trade war continues, October produced some significant aluminum scrap export numbers, resulting in exports hitting a 4-year high.  While aluminum scrap exports to China have dropped almost 40% because of the ongoing trade war, other countries such as South Korea, Mexico, Malaysia and India have picked up the slack pushing the October numbers to the 4-year highs. Whether these export numbers can remain is yet to be determined but with a potential US economic slowdown in 2019 along with uncertainty on the trade talks, the aluminum scrap export numbers may have peaked.