SCRAP
PRICES

Prices Updated:

1/17/2020

Aluminum Siding

$0.32/LB

Aluminum Breakage

$0.06/LB

Aluminum Wheels

$0.45/LB

Batteries

$0.20/LB

#1 Copper

$2.00/LB

#2 Copper

$1.90/LB

Yellow Brass

$1.20/LB

18/8 Stainless

$0.32/LB

STEEL

115 NT

Posts Tagged ‘trade war’

Bullish Sentiment for Copper in 2020

Numerous big name investment banks have come out positive for copper in 2020. According to an article on mining.com, several big name financial institutions are looking for copper to be one of the stronger commodities in 2020. Jefferies is the most bullish but Goldman Sachs, Morgan Stanley, Citi and Bank of America all are positive…

Read More

Same Old, Same old

As we approach November, any hopes for a big change in market sentiment appears to be out of the question. On the global stage, markets are weak and at home, the continued trade war with China does not appear to have any end in sight. Add a glut of scrap inventory and mill shutdowns, the…

Read More

Scrap Metal Market Continues to Show Weakness

With no real catalyst to drive prices higher, the scrap metal market continues it downward spiral with no clear end in sight. Inventories remain high, uncertainty with regard to the US-China trade war remains and global slowness persists. While there appears to be some movement with regard to trade talks between the US and China,…

Read More