Not much has changed since we spoke a week ago. The prices have been at the same levels that they were and did not have too many fluctuations or big news happenings going on.
With the end of the first quarter ending and the beginning of the second quarterly beginning, coupled with the slower winter period ending who knows what is in store next.
Let’s start with something shiny…gold. Not much of a value change in the last week or so. It has been hovering in the low 1200 per ounce range for a while, but some say that it might be climbing as the Fed looks at the interest rates being driven up soon.
Copper has not had much play in it either, which is certainly not a bad thing. The market has been a little all over the place and having a bit of a stable period does not hurt anyone. Knowing what prices that you are going to be getting can be very reassuring so you know what is and is not worth the time.
No real news on the ferrous markets to really report on. With steel prices still at 5-6 year lows we still have not heard anything positive about rates climbing or any big changes taking place.
Until next week, scrap ya later!
- Bare Bright: $2.10-$2.40
- Copper Pipe: $1.80-$2.20
- Clean Brass: $1.20-$1.45
- Insulated Copper: $0.70-$1.85
- Aluminum Sheet: $0.36-$0.45
- Stainless Steel: $0.37-$0.44
- Aluminum Cans: $0.35-$0.55 (Not CRV Pricing)
- Light Iron: $100-$165 per ton
Prices as of 4/8/15