We hope that you are staying busy, enjoying the weather, and scrapping scrapping scrapping!!! Over the last few months we have been working on a new layout for you, the scrapper, and on Monday we updated our site, www.iScrapApp.com to show it. Make sure you check out how easy it is to add prices, view others prices, and figure out how to get better updates!
Non-Ferrous Scrap Market Updates
Over the last week we have seen the markets remain relatively calm with not too many swings in any direction which we love to see. Big swings both up and down are very scary and seeing stable pricing is a very reassuring thing going forward. We did see the aluminum markets with a bit of an uptick but nothing too large that will have a big impact other then a penny or two.
Here Are Some Reported Non- Ferrous Prices:
- Ogden, UT: Bare Bright, $2.03 per lb. (5/17)
- St. Joseph, MO: Aluminum Cans, $0.45 per lb (5/17)
- Longview, WA: 304 SS, $0.35 per lb (5/17)
- Sumiton, AL: Aluminum Scrap, $0.27 per lb (5/16)
- Rockaway, NJ: #1 Tubing, $2.00 per lb (5/16)
- Chesapeake, VA: 17-4 Turnings, $0.07 per lb (5/15)
- Dubuque, IA: Aluminum Rims, $0.65 per lb (5/15)
- Rochester, NY: Insulated Aluminum Wire, $0.08 per lb (5/15)
- Glen Falls, NY: #2 Tubing, $1.80 per lb (5/14)
- Mansfield, OH: Copper Wire, $0.50 per lb (5/15)
Ferrous Scrap Market Report
With steel prices remaining relatively stable we did not see much of any type of impact over the last week. We saw multiple mills updating equipment and gearing up for the summer, and that is a positive thing because that means that people are really getting ready to start a heavy recycling summer…and hopefully that means that we are going to see some great changes.
Here Are Some Reported Steel/Iron Prices:
- Fort Wayne, IN: Scrap Automobiles, $150 per ton (5/17)
- Rochester, NY: Light Iron, $146 per ton (5/16)
- Erie, PA: Cast Iron, $120 per ton (5/16)
- Rochester, NY: Light Iron, $155 per ton (5/15)
- Mansfield, OH: $100 per ton Unprepared Steel, (5/14)
Other Market News:
In other markets we have seen the pricing on Nickel going down, which means that stainless steel pricing will decline. Gold markets are still down from their 2017 highs, but they are still very strong overall.
Anything else you want to know about let us know…scrap ya later!