Prices thru the roof !!

**Focker** · 02-28-2012, 06:26 PM

Has anyone heard what the prices are going to do at the first of the month?

**PartTimeScrapper** · 02-28-2012, 07:05 PM

I heard they are going to jump 400 percent. Could be the scrap gods just teasing me but I swear thats what I heard

**parrothead** · 02-28-2012, 07:58 PM

I heard 500, but you know how the story goes. It grows like a fish tale

**CFoote** · 02-29-2012, 08:37 AM

Man I got about 100 CRT's that I need to get busy on to get the yokes and the Degaussing cables out of!!!!

**Julie** · 02-29-2012, 08:58 AM

So maybe I'm the only one that doesn't know this but is pricing usually set at the beginning of each month?

**BohemianLush** · 02-29-2012, 09:10 AM

From what I have been hearing it looks like next month will be sideways or prices might be up $5-$10 NT.

Julie...prices are generally set during the first week of the month. Only twice in the last 5 years has my yard changed prices mid-month.

**metalmania** · 02-29-2012, 02:26 PM

prices jumped up $20 / gross ton at my local yard in Mass. copper aluminum and lead etc. all went up 5-15%,

**eesakiwi** · 03-01-2012, 10:44 PM

NZ prices are highish, not heading up fast, just a good solid price.

Our NZ$ is worth US$0.83cents.
So to convert NZ$ to US$, just work out 83% of the number you want to convert.
And its in Kg, 1 Kg = 2.2Lbs

Aluminium > Cans- $1.10 Cast- $1.16 Clip- $1.24 Domestic- $1.16 Extrusion- $1.45 Irony- $0.31

Copper > No 1- $8.04 No 2- $7.52 Domestic- $7.17 Burnt- $7.17 Radiators- $4.37

Gunmetal > Solids- $5.77 Swarf- $4.90

Brass > Mixed- $5.16 Swarf- $4.20

Stainless > Solids- $1.36 Oversize- $1.00 Swarf- $0.50

Misc/Other
Batteries- $ 0.60 Lead- $1.37 Lead Head Nails- $0.35 Elec. Motors- $0.74 Zinc- $0.15
Wiring Looms- $1.40 Carbys- $0.35

Steel /Ton/1000Kgs
Heavy Steel- $290.00 Lightgrade No. 2- $200.00 Car Bodies- $100.00

Interesting fact find.
Theres a Aluminum smelter in NZ.
They get Alumina from Australia & other stuff from overseas & the hydropower electricity here in NZ.

Due to the prices of Ali being so low for a while, they decided to look at smelting scrap Ali thats been sourced here.
Its Aluminum cans mostly but they do other Ali's in different pots/cells, normally a cell will produce 1 ton Ali a day from aluminia.
So I guess they are doing about 5 ton+ of recycled Ali a day.

Now, due to this, our Ali scrap prices are about 40% higher than the above prices,
ie NZ$1.50/Kg Ali cans

US$0.55 cents a Lb for Ali cans