Scrap Metal News
It’s reported that Korean Hyundai Steel’s purchasing prices of the Japanese H2 scraps settled at ￥36,500/ton FOB last week, decreasing by ￥300/ton from the previous purchasing prices according to YIEH. Hyundai Steel is targeting to purchase Japanese H2 scraps at ￥36,000/ton for this week. Korean scrap prices are declining continuously, as mills are cutting their purchasing by ¥10,000/ton.
Ferrous Pricing
#1 Busheling $350.00 gt#1 Baling $305.00 gt
Plate and Struct 2'x 5' $325.00 gt
Heavy Melt 2'x 5' $290.00 gt
Heavy Melt scrap (unprep) $270.00 gt
automobiles (must have title) $210.00 gt
Sheet Iron $250.00 gt
#1 Shredder Frag $355.00 gt
Engine Block (clean) $320.00 gt
Punchings $340.00 gt
Turnings $200.00 gt
Random length rail (W/docs) $335.00 gt
courtesy of Iron Mike Enterprises
Non Ferrous Pricing
General Pricing for recycling of scrap non ferrous metals is as follows:#1 Copper $2.81
Light Copper $1.76
Heater Core $0.81
Unprepared Stainless $0.31
Hard Brass $1.91
Brass Shells $0.61
Die Cast $0.09
Yellow Brass $1.79
#2 Copper $2.60
Nickel based scrap metal prices (general) are as follows
| Scrap Ni Solids (clean) | $5.00 lb - $5.25 |
| Scrap 304 (18-8) | $0.40 lb - .50 |
| Scrap 316 (16-10) | $0.55 lb - .65 lb |
| Scrap Carbide Insert | $9.00 lb - 9.25 per lb |
