Posted on July 6th, 2008 by admin
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
Filed under: News, scrap metal, scrap metal prices, recycling prices, metal market prices, nickel scrap metal prices, scrap metal news | No Comments »
Posted on July 5th, 2008 by admin
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
Filed under: Steel Scrap, Steel, scrap metal, scrap metal prices, recycling prices, iron scrap prices, metal market prices, scrap metal news | No Comments »
Posted on July 5th, 2008 by admin
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.
Filed under: Recyclables, News, scrap metal prices, recycling prices, computer scrap prices, electronic scrap prices | No Comments »
Posted on July 4th, 2008 by admin
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
Filed under: india, Tin, india scrap metal prices, india metal prices | No Comments »
Posted on July 4th, 2008 by admin
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
Filed under: Recyclables, aluminum, News, Aluminum Can, scrap metal prices, recycling prices, metal market prices, Aluminum Scrap Metal Prices, scrap metal news | No Comments »
Posted on July 4th, 2008 by admin
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
Filed under: China, scrap metal, scrap metal prices, recycling prices, metal market prices, china scrap metal prices, scrap metal news | No Comments »
Posted on July 3rd, 2008 by admin
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.
Filed under: copper, News, scrap metal, scrap metal prices, recycling prices, metal market prices, copper scrap metal prices, scrap metal news | No Comments »
Posted on July 2nd, 2008 by admin
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/
Filed under: News, PET Recycling Price, Plastic Recycling Prices | No Comments »
Posted on July 2nd, 2008 by admin
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
Filed under: United Kingdom, Recyclables, News, scrap metal, scrap metal prices, recycling prices, metal market prices, scrap metal news, UK Scrap Metal Prices | No Comments »
Posted on July 2nd, 2008 by admin
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
Filed under: Steel Scrap, scrap metal, recycling prices, Japan Scrap Metal Prices, iron scrap prices, scrap metal news | No Comments »
Posted on July 1st, 2008 by admin
Posted on July 1st, 2008 by admin
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/
Filed under: Recyclables, EU, scrap metal, scrap metal prices, recycling prices, metal market prices, scrap metal news | No Comments »