Nickel Prices Continue to Fall on Soft Demand

Nickel prices to fall on soft demand
Nickel on the LME has continued to drop recently; nickel future price and spot market have also dropped to some US$21,200/ton, a new low level for the last two years.

The main reasons are that stainless steel output has being cut down in recent months, causing the demand of nickel to weaken, and the stocks to continue increasing to 46,860 tons.

South Korea’s Posco has cut output by 25,000 tons in July, and most of China’s mills have also cut the production in the third quarter amid weak demand.

Some dealers predicted that China’s stainless steel production this year will be around 8~8.5 million tons; it was previously expected to reach 9 million tons in 2008, compared to last year’s 7.5 million tons.

However the slide will be limited by high production costs, according to analysts.

source www.yieh.com

Steel and Iron Scrap Metal Recycling Prices in the USA

spot market prices for selected iron and steel scrap (LTL, TL) below:

Sheet Iron Scrap (Sheet Tin) 43.25 86.50 ton USD
 White Goods 32.44 64.88 ton USD
 Mixed Steel Can Scrap 90.82 129.75 ton USD
 Bundled Steel Can Scrap 151.38 216.25 ton USD
 E.C. Briquettes 224.90 281.12 ton USD
 Mixed Scrap Iron & Steel 276.80 346.00 ton USD
 No.1 Steel (HMS1) 346.00 432.50 ton USD
 No.1 Steel (2 foot) 380.60 475.75 ton USD
 Special Plate Punchings 415.20 519.00 ton USD
 No.2 Steel 311.40 389.25 ton USD
 No.2 Steel (2 foot) 328.70 410.88 ton USD
 No.3 Steel (Unprepared Bushling) 294.10 367.62 ton USD
 No.4 Steel (Silicon Bushling) 259.50 324.38 ton USD
 No.4 Shredded Steel 242.20 302.75 ton USD

Computer Scrap and Electronic Scrap Recycling Prices

Selected scrap prices (LTL, TL) below:

Scrap Whole Computers 70.00 140.00 ton USD
Scrap CPU Units 77.00 154.00 ton USD
Scrap Drives 63.00 126.00 ton USD
Scrap Keyboards 17.50 35.00 ton USD
Scrap Printers 24.50 49.00 ton USD
Scrap Scanners 21.00 42.00 ton USD
Magnetic Tape Media Waste 40.00 80.00 ton USD

More prices can be obtained on the Computer Scrap Page of this site.

Tin: The unsung metal that shines far too high

What an astounding rally tin prices has witnessed in the recent past. A lesser-known metal has slowly climbed to new highs. But a billion-dollar question is, whether the current bullish momentum will sustain in long run or not? Earlier tin was considered unworthy of notice because its market was smaller as compared to its peers like copper, zinc and aluminum. Tin market of Kuala Lumpur and LME are the key benchmarks for the tin prices worldwide

for complete article go to http://www.commodityonline.com/ndtv/news/topstorydetails.php?id=9424&cont=2

Aluminum Can Recycling Prices U.S.

Prices below are selected spot market price (LTL, TL) 

Used Beverage Cans (UBC loose) 0.34 0.69 lbs USD
Shredded UBC 0.88 1.03 lbs USD
Baled UBC 0.93 1.08 lbs USD
Briquetted UBC 0.95 1.10 lbs USD

You can visit the non ferrous scrap metal page on this site for more info, charts and pricing 

Scrap Metal Prices Drop in Jiangsu, China

Scrap prices drop in Jiangsu, China
Scrap purchasing price in Jiangsu province China has started falling as two mills have dropped their buying price by up to RMB100/ton.

Scrap distributors from the region are frustrated, having experienced some losses since scrap prices started climbing at the beginning of 2008.

Domestic inflation and rising prices of raw materials, including the hiking of pig iron price which was dragged along by coke and iron ore, have also had a great impact.

Source www.yieh.com

World Copper Scrap Metal Recycling Prices

US Scrap Copper 3.35 3.50 lbs USD
Canadian Copper 3.42 3.58 lbs CND
EU Scrap Copper 4662.80 4871.58 MT EURO
China Tong Scrap 50654.39 52922.50 MT RMB
Asia Copper 7385.41 7716.10 MT USD
Indian Scrap Copper 318.89 333.17 Kg. INR
Korean Copper 7752.16 8099.27 Kg. KRW
Brazilian Copper 5.35 5.59 lbs BRL

Prices above are (LTL, TL). More prices can be found on the non ferrous scrap metal page of this site.

Plastic Bottle and PET Scrap Recycling Prices

Selected spot market prices for PET scrap prices (LTL, TL): 

Loose Mixed PET Scrap 0.06 0.12 lbs USD
 Loose Colored PET Scrap 0.07 0.15 lbs USD
 Loose Clear PET Scrap 0.09 0.17 lbs USD
 Baled Mixed PET Scrap 0.12 0.20 lbs USD
 Baled Colored PET Scrap 0.14 0.23 lbs USD
 Baled Clear PET Scrap 0.15 0.25 lbs USD
 Colored PET Regrind 0.20 0.33 lbs USD

For more plastic prices go to http://www.scrapmetalpricesandauctions.com/plastics/

Scrap Metal Recycling Prices United Kingdom (UK)

Selected spot market scrap prices in the UK (LTL, TL ) below: 

Old Mixed Aluminium 398.74 531.66 MT UK
Old Yellow Brass 1295.91 2159.85 MT UK
No.2 Scrap Copper 3278.55 3444.69 MT UK
Mixed Lead 387.67 653.49 MT UK
Nickel Scrap 7254.89 9669.49 MT UK
No.2 Steel 172.46 215.57 MT UK
Stainless Scrap 1007.93 1340.22 MT UK
Old Mixed Zinc Scrap 310.13 609.19 MT UK

Japanese Tokyo Steel Increases Scrap Steel Buying Prices

Tokyo Steel increases scrap buying prices

Japanese Tokyo Steel has increased its domestic scrap buying price by ¥1,000/ton, effective from July 2.

After the adjustment, H2 scrap price was increased to ¥68,000~71,500/ton.

Tokyo Steel’s H2 scrap purchase price at its Okayama plant will be at ¥70,000/ton, and ¥69,000/ton at its Kyushu plant.

Source: www.yieh.com  

Aluminum Can Recycling Scrap Metal Prices

Aluminum Can Recycling prices and hovering around $1.05 USD per lb. Price charts and additional scrap metal prices for aluminum can be obtained at http://scrapmetalpricesandauctions.com/non-ferrous/aluminum-cans/

Scrap Metal Prices in Euros per Metric Tonne

Selected spot market prices for EU (LTL, TL) Below:

Old Mixed Aluminium 502.92 670.56 MT EURO
Old Yellow Brass 1648.46 2738.11 MT EURO
No.2 Scrap Copper 4163.05 4372.60 MT EURO
Mixed Lead 488.95 810.26 MT EURO
Nickel Scrap 9108.42 12153.87 MT EURO
No.2 Steel 217.51 271.89 MT EURO
Stainless Scrap 1271.27 1690.37 MT EURO
Old Mixed Zinc Scrap 377.19 754.38 MT EURO

http://scrapmetalpricesandauctions.com/eu-uk/