- Mixed Non-Ferrous Trends: copper prices were mixed, while aluminum and brass/bronze posted gains.
- Stable Ferrous Segment: Steel and stainless steel scrap prices remained flat, reflecting balanced supply-demand conditions.
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Steady Market Outlook: Overall market sentiment remains stable-to-firm, supported by steady demand and adequate scrap supply.
- copper scrap categories exhibited mixed price trends during the week.
- aluminum scrap prices recorded a broad-based increase, indicating short-term demand strength.
- The brass scrap market posted modest week-on-week gains.
- Stainless steel scrap prices remained stable.
- Steel scrap prices held steady, reflecting balanced market conditions.
Copper scrap markets posted a mixed week-on-week performance, with the majority of grades registering price increases. Xmas Lights recorded the highest percentage gain, rising by $0.01 per pound (↑3.23%). In contrast, prices of #1 Copper Bare Bright, #1 Copper Wire and Tubing, #2 Copper Wire and Tubing, and #3 Light Copper declined over the week. Meanwhile, Cu/Al Radiator Ends prices remained unchanged compared to the prior week.
Aluminum scrap prices registered a modest week-on-week with most listed grades moving higher. All scrap varieties, except Aluminum Radiators/Fe and Aluminum Transformers, recorded price increases on the Index.
Brass and bronze scrap prices posted modest gains on the Index, extending the upward trend observed in the previous week. In contrast, lead scrap markets remained stable, with no significant price movements reported across major global metal trading markets.
zinc scrap prices showed no change over the week. Meanwhile, global steel scrap benchmark prices remained flat, indicating balanced supply and demand conditions.
Similarly, stainless steel scrap prices registered no movement on the Index during the week under review.
