Registration for the virtual event is available on the company’s website. The in-person event was scheduled for May 17-21 in Orlando, Florida. Those factors include healthy global and domestic demand, growing but not yet abundant supply and freight headaches. If you are a metal scrapper or work in the scrapping industry, you'll likely be curious about getting the most current scrap metal prices you can find in your area. Processors and traders on the West Coast and in the Midwest experienced only slightly less buying enthusiasm, with ferrous scrap prices rising from $90 to $107 per ton. According to CMC, shipments of finished goods, which include steel and downstream products, were flat in the first quarter of the year compared with the first quarter of 2020. The turmoil in the nation's capitol Jan. 6 and any looming shifts in political policy may have caused some concern among Wall Street investors, but it did not seem to put the brakes on steel output or scrap demand. First-quarter earnings from continuing operations were $63.9 million, or 53 cents per diluted share, on net sales of $1.4 billion compared with prior-year period earnings from continuing operations of $82.8 million, or 69 cents per diluted share, on net sales of $1.4 billion. “Shipments of steel and downstream products should be supported by our construction backlog in North America. Per pound: $1.91; Per ton: About $3,800; … “I firmly believe that his expertise in the recycling industry will be instrumental in developing new business strategies for Sortera’s certified high purity metal alloy products, enabled by our patented artificial intelligence technology.”. Niagara Metals has Scrap Metal Prices that are Hard to Beat! Item Price *per … All rights reserved. … Regarding CMC’s micromill in Mesa, Arizona, the company said it plans to break ground in mid-2021 with a target startup date of fiscal year 2023. iScrap App™ is a registered trademark of iScrap App Inc.™ During CMC’s first quarter of 2021, the company stated that it also has made progress on its new rolling mill in Poland. One recycler says he could have booked and followed through on more overseas sales in December and January if containers could have been found. The reduction reflects lower margins over scrap cost for both steel and downstream products, the impact of which was partially offset by improved controllable costs at each stage of CMC’s vertically integrated value chain. “There is a huge market for this technology as it will significantly reduce the cost of sustainably recovering value from recycled metals on an industrywide scale.”, The Plastics Industry Association (Plastics), based in Washington, has alerted exhibitors of its plans to cancel the in-person components of, Recycling Today Global Edition back issues, © 2021 GIE Media, Inc. All Rights Reserved. By mid-December of last year, as nations around the world approved COVID-19 vaccines and then began rolling them out, metals producers and speculators seemed to gravitate to the notion that the supply-and-demand scenario for metals was about to change. Whether this signals the winding down of metals-intensive infrastructure spending by the Chinse government or if it simply means Chinese New Year is approaching provides fodder for speculators. CMC reports that its North America segment recorded adjusted EBITDA of $155.6 million for the first quarter of 2021 compared with adjusted EBITDA of $174.7 million for the prior-year first quarter. “Our team achieved these strong results while navigating the unique challenges presented by the COVID-19 pandemic and also continuing to execute CMC’s key strategic growth initiatives, which are already yielding significant benefits. Scrap Copper Prices Price Per Pound (lb) Braziery Copper: $3.21 Copper Coil: $4.43 Copper Cutoffs: $2.6 Copper Radiators: $1.0 Copper Tubing: $3.26 Copper Turning On the supply side, processors say increased scale pricing has yielded improved peddler traffic and has moved scrap uphill from small dealers to larger shredder yard and export yard operators. Get the latest Scrap Metal Prices in the UK today per Ton or weight. Current Scrap Metal Recycling Prices collected from … Stainless Steel Scrap: Material Average Price High Price Low Price Price Unit Price Date; 201 Stainless Steel Scrap: 0.24: 0.24: 0.24: USD/LB: 2021-01-18: 301 Prepared Stainless Steel ​Scrap The cost of shipments of HMS 80/20 heavy steel scrap from northern Europe to Turkey soared from around US$293 per ton in November 2020 to US$399 in December and then hit US$432 early in early January 2021 before easing off later in the month. Recyclers know all boom cycles come to an end. Current Scrap Metal Prices Current Scrap Metal Prices At Rockaway Recycling, in Rockaway, New Jersey. RecycleNet tracks 100's of individual grades of scrap and recyclable commodities from The Recycler's Exchange and a network of regional exchanges worldwide. A simple conversion will help you work out the price of scrap metal per kg. CMC has acted swiftly to commensurately adjust price levels on rebar and merchant mill products, but these increases have a timing lag relative to the changes in scrap cost levels.”. Sortera Alloys, Fort Wayne, Indiana, developers of a sorting system for nonferrous scrap metal, has announced the appointment of Bill Caesar to its board of directors. The Plastics Industry Association (Plastics), based in Washington, has alerted exhibitors of its plans to cancel the in-person components of NPE2021 because of the ongoing COVID-19 pandemic. Price: The national average was $0.05-$0.07 per pound, or $115-$155 per ton, as of April 2017. January 2019: Scrap prices drop up to $40 per ton; May 2019: Mill buying prices drop $30 per ton; June 2019: Scrap prices fall up to $32 per ton; September 2019: Scrap prices fall up to $42 per … letsrecycle.com provides a monthly guide to scrap metal prices in the sector, drawing on input from a range of businesses in the scrap metal … This tool is to provide a general idea of the current market conditions. Looking ahead to the second quarter of the year, Smith projects that seasonality could impact operations. It will use current excess melt capacity, adding about 200,000 tons per year of finished steel output. The price for scrap metal per kg, listed below, is for the ‘clean metal’. On the conference call, Smith said the Rancho Cucamonga site ceased all production as of December 2020. The micromill is replacing shuttered rebar capacity at its Steel California operations in Rancho Cucamonga, California. Those looking for any shifts in momentum may have noticed that steel rebar prices in China began drifting downward in January while inventory levels for rebar were rising in the nation. Rebecca Ryan, futurist and owner of Next Generation Consulting Inc., will be participating in a session on practicing future-focused leadership. Price per … Buyers from a variety of scrap-deficient nations with rebounding economies and metals-intensive stimulus plans kept those exporters busy. Find Historical End-of-Day Steel Scrap prices on the Price History page. Raleigh Metal Recycling Updated scrap metal price list of Non-Ferrous Metals, Ferrous Metals and Electronic Waste. Aluminium prices, for most scrap yards in the UK, tend to vary between £0.50 per kilo and £2. Price quotation: US dollars per tonne: Clearable currency: US dollars: Minimum price fluctuation (tick size) per tonne: Outright : Carries : LMEselect : $0.50 : $0.01 : Inter-office : $0.01 : $0.01 : Termination … This occurs at the same time steel producers there are investing in electric arc furnace production. Please visit LME for market conditions, as the iScrap App resource. Please submit your Buy or Sell inquiries to the exchange. She added that the company is “well-positioned” to navigate uncertainty and expects to continue to grow its EBITDA. The smaller your car, the less money you’ll get. Volumes of rebar from the mills increased 2 percent compared with one year ago, driven by continued resilience in construction activity. In 2013 though, India’s scrap metal and steel production increased by 3 percent (59.62 million tonnes) and is expected to grow more by 5.6% for 2014 because of the current elevated attempts to effectively … Give Reclamet a call today on: 01843 823554 / 01843 823224 Trade and private customers welcome. CMC plans to invest about $85 million on that particular micromill in fiscal year 2021. If you … Scrap Metal Recyclers Adelaide Turn Scrap Into Cash. Scrap paper, plastic and metal prices all rise in December. Smith also said manufacturing in central Europe has been recovering since the onset of the COVID-19 pandemic. Please call (716) 282-6200 for … As an example with the scrap metal price table above the scrap copper price per kg will be £3 – £4.50. This is equivalent to £500 to £2000 per tonne … Additionally, the event will feature some of the top industry leaders. This yard has chosen not to display the metals they accept or their prices. On the conference call, she said steel volumes tend to decline in the second quarter with slower construction activity this time of year due to winter weather; however, she said shipments of steel should be supported by construction backlogs. Zubick Price List Categories Updated For high-volume loads, industrial pricing, or pricing of items not listed, please call our office at 519-451-5470. Check the latest scrap metal prices below for many of the common metals including steel, copper and brass. Check the iScrapApp for up to date prices at specific recyclers. A combination of global and domestic market factors has caused Fastmarkets AMM index prices to rise from $90 to $110 per ton in the January buying period, depending on the grade and destination. “January is off to a good start,” says a buyer of manufacturing scrap in the Great Lakes region. The national average price for corrugated containers (PS 11) moved up 12% this month, now trading at an average $66 … CMC says its margin over scrap cost within its vertical chain declined in the first quarter of 2021 compared with the first quarter of 2020, driven primarily by higher scrap costs. The price you can expect to receive ranges anywhere from $80-$150 per ton depending on your location and the current market conditions. CMC reports that the closure of these operations advances CMC’s ongoing network optimization efforts and is expected to provide cost benefits in future periods. Prices listed are current indications only. Ferrous scrap 2020 £ per tonne: July: August: September: October: November: December: 0A plate & girder: 140 - 145: 150 - 155: 160 - 165: 155 - 160: 160 - 165: 180 - 190 He joined WM in 2010 as the chief strategy officer and in 2012 became the president of WM Recycling and the WM Organic Growth Group, where he developed the recyclable materials business for WM and oversaw its portfolio of early stage technology and services investments. On the conference call, Smith said the company expects to begin testing at that site in a few months with commercial production expected to commence later this fiscal year. Steel mill capacity rates in the U.S. as measured by AISI have risen from a COVID-19-affected low of 51.1 percent in early May to 75.4 percent the week ending Jan. 9 of this year. We anticipate margin headwinds will persist in North America during the second quarter in light of recent significant increases in domestic scrap costs. “Volumes increased 17 percent year over year, with demand growing for each major product category. According to CMC, the new micromill will optimize the company’s mill network and provide access to a large and underserved West Coast merchant bar quality market. For more data, Barchart Premier members can download historical Intraday, Daily, Weekly, Monthly or Quarterly data on the Steel Scrap … Recyclers trying to determine how long the price boom can last are keeping an eye on infrastructure spending in the United States and globally and the impact of vaccines on the health (and activity) of people around the world. The email adds, “While we are disappointed by the circumstances that led to this decision, we know that the plastics industry is strong and resilient,” noting the industry’s push to transform manufacturing processes and supply chain operations to deliver medical equipment and supplies to pharmaceutical companies, medical supply manufacturers and health care workers. The event had been scheduled for May 17-21 in Orlando, Florida. The Wastecon program includes four panels where speakers will discuss industry topics including COVID-19 response, EPA's new 50 percent recycling goal, and more. Copyright © 2011-2021 iScrap App, Inc.™. Within the trade the quality of material presented and the volumes may influence the prices paid. 1 tonne = 1000 kg. Scrap metal prices were updated on January 28, 2021 to reflect the market price for aluminium, brass, copper, & steel increasing across Adelaide, South Australia.. Caesar brings decades of experience in waste management and recycling, corporate strategy and technology innovation. 70/30 Brass Scrap. Part of the funding for this new Arizona micromill will come from the sale of land CMC had owned in southern California for Steel California. As the year comes to a close, MRFs are largely seeing good news across the board, fetching higher prices for OCC, mixed paper, aluminum, natural HDPE and other materials. “We expect finished steel volumes for our North America and Europe operations to follow typical seasonal trends in the second quarter, which is historically our slowest quarter for both segments,” Smith says in the company’s press release on its first-quarter earnings. Processors and traders on the West Coast and in the Midwest experienced only slightly less buying enthusiasm, with ferrous scrap prices rising from $90 to $107 per ton. The company says its cost performance at mills was “strong” in its first quarter of the year, achieving the lowest conversion cost per ton since before the early fiscal 2019 rebar asset acquisition. The new site will provide CMC with more production flexibility. According to a news release from CMC, the company’s liquidity position as of Nov. 30 remained strong, with cash and cash equivalents of $465.2 million and availability under the company’s credit and accounts receivable facilities of $678.7 million. Scrap Prices. The Solid Waste Association of North America (SWANA) announced that Wastecon, its executive leadership summit for solid waste and recycling professionals, will be transformed into a virtual conference taking place Jan. 26-28. This performance is a testament to CMC’s drive to tightly manage factors within our control and to continue to realize earnings enhancement opportunities from our network optimization efforts.”. Per pound: $1.75; Per ton: About $3,500; 85/15 Brass Scrap. The average selling price for steel products decreased by $14 per ton from one year ago against an increase in the cost of ferrous scrap of $40 per ton. Each day at 10:00am EST a snapshot is taken of the on-line spot market prices… CMC says the improvement reflects “strong shipment levels and reduced controllable costs.”, “These factors more than offset an $18 per ton reduction in margin over scrap compared to the prior-year period,” CMC states in its earnings report. The industry veteran will serve as an independent director at Sortera. The increased generation is welcome at a time when three months of rising prices have provided good margins for scrap processors and anyone else holding inventory of ferrous scrap they had purchased in late 2020 or earlier. The biggest riser, at $110 per ton, was for heavy melting steel (HMS) scrap off the United States East Coast. ... Find local scrap metal pricing at your closest scrap yard. Commercial Metals Co., Irving, Texas, has announced that earnings for its first quarter of 2021, which ended Nov. 30, 2020, are down slightly compared with its first quarter of 2020. In the situation of a discrepancy between these prices and our yard prices, our yard prices … US scrap … Headaches for processors and traders mostly involve higher seaborne shipping rates (for containers and dry bulk cargoes) and a scramble to find containers to serve that portion of the export market. Scrap Metal Prices in United States. Management reserves the right to change or modify all prices, the prices that you see are our buying prices. Prior to joining WM, Caesar was a principal in the Atlanta office of McKinsey & Co., where he advised clients across a broad spectrum of industries, including waste management, on corporate strategy, growth initiatives, performance improvement and sales strategies. During CMC’s conference call for its first-quarter earnings results Jan. 11, CMC provided several updates on several projects. Downstream product volumes declined year over year due to backlog contraction in some areas as well as weather-related disruptions in the Gulf Coast. The letsrecycle.com ferrous prices are usually revised mid-month and non-ferrous prices on a weekly basis. Home / About / ... Price per net ton $ 190.00 $ 175.00 ... Electronic Scrap Prices $ 1.00 Mid Grade Boards. At the same time scrap prices were settling $100 per ton higher, the Washington-based American Iron and Steel Institute (AISI) reported domestic raw steel production rose by 3.6 percent the week ending Jan. 9, 2021, compared with the week before. Shipments of merchant and other products increased 12 percent compared with the prior-year quarter as CMC says its mills focused on this market segment through expanded product offerings and service capabilities. Posted on December 15, 2020 by RecyclingMarkets.net Staff. Metro Metals Recycling gives the best prices for your scrap vehicles and scrap metal. Steel Scrap Historical Prices. Per pound: $1.54; Per ton: About $3,000; 80/20 Brass Scrap. During the company’s first-quarter earnings report presentation, it announced plans to break ground on its micromill this year in Mesa, Arizona. Sustained demand and substantially higher prices for scrap export during the final weeks of 2020 meant a bright New Year for traders. , for most scrap yards scrap metal prices per ton the UK, tend to vary between £0.50 per and... Trade and private customers welcome / About /... price per … Niagara Metals has scrap metal virtual. Consulting Inc., will be participating in a session on practicing future-focused leadership CMC ’ conference! An idea for collecting and selling scrap metal prices all rise in December the above... Clean metal ’ prices at specific recyclers 70/30 Brass scrap prices on the for! 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