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Price notice: NF city scrap delistings, changes

Feb 24, 2020 | 12:33 PM | New York | Sean Barry

Tags  non-ferrous scrap, city scrap, non-ferrous city scrap, copper, aluminium, lead, zinc


Following a comprehensive consultation period, Fastmarkets AMM has discontinued several non-ferrous scrap grades assessed across multiple cities in the United States and Canada.

Fastmarkets has also changed the assessment frequency of its non-ferrous city scrap dealer buying prices to monthly from bi-monthly, as well as the methodology for calculating the prices. Rather than publishing a price range for each grade, Fastmarkets is publishing a single price using the median of the inputs it receives for the United States as well as for Montreal and Toronto. 

The original pricing notice was published on June 17.

Fastmarkets has discontinued the following city scrap non-ferrous dealer buying prices:

Copper Scrap
Assessment: Cocks and faucets
Quality: Shall consist of mixed clean red and yellow brass, including chrome or nickel-plated, free of gas cocks, beer faucets, and aluminium and zinc base die-cast material, and to contain a minimum of 35% semi-red.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Grape

Assessment: Brass pipe
Quality: Shall consist of brass pipe free of plated and soldered materials or pipes with cast brass connections. To be sound, clean pipes free of sediment and condenser tubes.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Melon

Assessment: Yellow brass rod ends
Quality: Shall consist of new, clean rod ends from free-turning brass rods or forging rods, to contain no more than 0.30% tin and no more than 0.15% alloyed iron. To be free of Muntz metal and naval brass or any other alloys. To be in pieces not larger than 12 inches and free of foreign matter.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Noble

Assessment: Yellow brass rod turnings
Quality: Shall consist strictly of rod turnings, free of aluminium, manganese, composition, Tobin and Muntz metal turnings; to contain no more than 3% free iron, oil or other moisture; to be free of grindings and babbitts; to contain no more than 0.30% tin and no more than 0.15% alloyed iron.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Night

Assessment: High-grade bronze gears
Quality: Shall consist of red brass bushings and bearings from automobiles and other machinery, shall contain no less than 12% high tin-base babbitt and shall be free of iron-backed bearings.
Location: US/Canada, specified city, dealer buying price, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Elder

Assessment: High-grade low-lead bronze
Quality: It is recommended these materials be sold by analysis.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Eland

Assessment: Manganese bronze solids
Quality: Shall have a copper content of no less than 55%, a lead content of no more than 1% and shall be free of aluminium bronze and silicon bronze.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Parch

Assessment: Miscellaneous nickel-‘silver’ solids
Quality: Shall consist of new, clean nickel-silver clippings, plate, rod and forgings, and other rolled shapes, free of chrome or any other plating material. Must be sold on nickel content specifications such as 10%–12%–15%–18%–20%. Leaded nickel-silver clippings should be packed and sold separately. A description as to its physical characteristics should be made in offering all nickel-silver material.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Major

Assessment: Manganese bronze turnings
Quality: Shall have a copper content of no less than 55%, a lead content of no more than 1% and shall be free of aluminium bronze and silicon bronze.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Parch

Aluminium scrap
Assessment: 75S aluminium clips
Quality: Shall consist of new, clean, uncoated and unpainted aluminium scrap of one specified aluminium alloy with a minimum thickness of 0.015 inch (0.38 mm) and to be free of hair wire, wire screen, dirt and other non-metallic items. Oil and grease not to total more than 1%. Also free from punchings less than ½ inch (1.27 cm) in size.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Tooth

Assessment: 75S borings, turnings, as is
Quality: Shall consist of aluminium borings and turnings of one specified alloy. Material should be free of oxidation, dirt, free iron, stainless steel, magnesium, oil, flammable liquids, moisture and other non-metallic items. Fines should not exceed 3% through a 20-mesh (US standard) screen.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Teens

Assessment: Aluminium utensils
Quality: Shall consist of clean old alloy aluminium sheet of two or more alloys, free of foil, venetian blinds, castings, hair wire, screen wire, food or beverage containers, radiator shells, airplane sheet, bottle caps, plastic, dirt and other non-metallic items. Oil and grease not to total more than 1%. Up to 10% Tale permitted.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Taint/Tabor

Lead scrap
Assessment: Mixed hard lead
Quality: Shall consist of clean lead solids, free of other materials such as drosses, battery plates, lead covered cable, collapsible tubes, type metals, zinc, aluminium, iron and brass fittings, dirty chemical lead and radioactive materials. Review packaging specifications and regulatory status pertaining to shipping with buyer prior to sale.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Radio

Assessment: Wheel weights
Quality: To consist of lead tire balances with or without iron clips. Not to include scrap lead, lugs or plates unless specifically agreed to. To be free of foreign material. Review packaging specifications and regulatory status pertaining to shipping with buyer prior to sale.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Ropes

Zinc scrap
Assessment: New zinc die-cast
Quality: Shall consist of new or unused, clean, zinc base die-castings. Castings to be unplated, unpainted and free from corrosion.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Scabs

Assessment: Old zinc die-cast
Quality: Shall consist of miscellaneous old zinc base die-castings, with or without iron and other foreign attachments. Must be free of borings, turnings, dross pieces, chunks, melted pieces and skimmings. All unmeltables, dirt, foreign attachments and volatile substances (such as rubber, cork, plastic, grease, etc) are deductible. Material containing in excess of 30% iron will not constitute good delivery.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Saves

Assessment: Zinc die-cast automotive grilles
Quality: Shall consist of clean, old or used zinc base die-cast automotive grilles, free from soldered material. All foreign attachments and extraneous materials are deductible.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Scoot

Prices to be retained
Following feedback from the industry, Fastmarkets AMM will not discontinue the following city scrap non-ferrous dealer buying prices:

Copper Scrap
Assessment: Mixed yellow brass turnings, borings
Quality: Shall consist of yellow brass turnings, free of aluminium, manganese and composition turnings, not to contain over 3% of free iron, oil or other moisture; to be free of grindings and babbitts. To avoid dispute, to be sold subject to sample or analysis. Also includes borings.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Nomad

Aluminium Scrap
Assessment: Segregated low-copper alloy clips
Quality: Shall consist of new, clean, uncoated and unpainted aluminium scrap of one specified aluminium alloy with a minimum thickness of 0.015 inch (0.38 mm) and to be free of hair wire, wire screen, dirt and other non-metallic items. Oil and grease not to total more than 1%. Also free from punchings less than ½ inch (1.27 cm) in size.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Tooth

Assessment: Industrial castings
Quality: Shall consist of all clean aluminium castings which may contain auto and airplane castings but no ingots, and to be free of iron, brass, dirt and other non-metallic items. Oil and grease not to total more than 2%.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Tense

Assessment: 63S aluminium solids
Quality: Shall consist of new, clean, uncoated and unpainted aluminium scrap of two or more alloys with a minimum thickness of 0.015 inch (0.38 mm) and to be free of hair wire, wire screen, dirt and other non-metallic items. Oil and grease not to total more than 1%. Also free from punchings less than ½ inch (1.27 cm) in size.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Tough

Assessment: Litho sheets
Quality: To consist of 1000- and/or 3000-series alloys, to be free of paper, plastic, excessively inked sheets and any other contaminants. Minimum size of 3 inches (8 cm) in any direction.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
Publication: Twice a month (approximately 1st & 15th)
ISRI code: Tablet

The frequency changes apply to the following remaining non-ferrous city scrap dealer buying prices:

Copper Scrap
Assessment: No1 heavy copper and wire
Quality: Shall consist of clean, untinned, uncoated, unalloyed copper wire and cable, not smaller than No16 B & S wire gauge, free of burnt wire which is brittle. Hydraulically briquetted copper subject to agreement.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Berry

Assessment: No2 heavy copper and wire
Quality: Shall consist of miscellaneous, unalloyed copper wire having a nominal 96% copper content (min. 94%) as determined by electrolytic assay. Should be free of the following: Excessively leaded, tinned, soldered copper wire; brass and bronze wire; excessive oil content, iron, and non-metallics; copper wire from burning, containing insulation; hair wire; burnt wire which is brittle; and should be reasonably free of ash. Hydraulically briquetted copper subject to agreement.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Birch

Assessment: Light copper
Quality: Shall consist of miscellaneous, unalloyed copper scrap having a nominal 92% copper content (min. 88%) as determined by electrolytic assay and shall consist of sheet copper, gutters, downspouts, kettles, boilers, and similar scrap. Should be free of the following: Burnt hair wire; copper clad; plating racks; grindings; copper wire from burning, containing insulation; radiators and fire extinguishers; refrigerator units; electrotype shells; screening; excessively leaded, tinned, soldered scrap; brasses and bronzes; excessive oil, iron and non-metallics; and should be reasonably free of ash. Hydraulically briquetted copper subject to agreement. Any items excluded in this grade are also excluded in the higher grades above.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Dream

Assessment: Red brass solids
Quality: Shall consist of red brass scrap, valves, machinery bearings and other machinery parts, including miscellaneous castings made of copper, tin, zinc, and/or lead. Shall be free of semi-red brass castings (78% to 81% copper); railroad car boxes and other similar high-lead alloys; cocks and faucets; closed water meters; gates; pot pieces; ingots and burned brass; aluminium, silicon, and manganese bronzes; iron and non-metallics. No piece to measure more than 12 inches over any one part or weigh over 100 pounds. Heavier pieces acceptable upon mutual agreement between buyer and seller.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Ebony

Assessment: Red brass turnings, borings
Quality: Shall consist of turnings from red brass composition material and should be sold subject to sample or analysis. Also includes borings.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)

Assessment: Yellow brass solids
Quality: Shall consist of mixed yellow brass solids, including brass castings, rolled brass, rod brass, tubing and miscellaneous yellow brasses, including plated brass. Must be free of manganese-bronze, aluminium bronze, unsweated radiators or radiator parts, iron, and excessively dirty and corroded materials. Must also be free of any type of munitions including, but not limited to, bullet casings.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Honey

Assessment: Mixed yellow brass turnings, borings
Quality: Shall consist of yellow brass turnings, free of aluminium, manganese and composition turnings, not to contain over 3% of free iron, oil or other moisture; to be free of grindings and babbitts. To avoid dispute, to be sold subject to sample or analysis. Also includes borings.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Nomad

Assessment: 70-30 brass clips
Quality: Shall consist of the cuttings of new unleaded yellow brass sheet or plate, to be clean and free from foreign substances and not to contain more than 10% of clean brass punching under ¼ inch. To be free of Muntz metal and naval brass.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Label

Assessment: Auto radiators (unsweated)
Quality: Shall consist of mixed automobile radiators, to be free of aluminium radiators, and iron-finned radiators. All radiators to be subject to deduction of actual iron. The tonnage specification should cover the gross weight of the radiators, unless otherwise specified.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Ocean

Aluminium Scrap
Assessment: Segregated low-copper alloy clips
Quality: Shall consist of new, clean, uncoated and unpainted aluminium scrap of one specified aluminium alloy with a minimum thickness of .015 inch (.38 mm) and to be free of hair wire, wire screen, dirt and other nonmetallic items. Oil and grease not to total more than 1%. Also free from punchings less than ½ inch (1.27 cm) in size.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Tooth

Assessment: Mixed low-copper alloy clips
Quality: Shall consist of new, clean, uncoated and unpainted low copper aluminium scrap of two or more alloys with a minimum thickness of 0.015 inches (.38 mm) and to be free of 2000 and 7000 series, hair wire, wire screen, punchings less ½ inch (1.25 cm) diameter, dirt, and other non-metallic items. Grease and oil not to total more than 1%. Variations to this specification should be agreed upon prior to shipment between the buyer and seller.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Taboo

Assessment: Mixed clips
Quality: Shall consist of new, clean, uncoated and unpainted aluminium scrap of two or more alloys with a minimum thickness of .015 inch (.38 mm) and to be free of hair wire, wire screen, dirt and other non-metallic items. Oil and grease not to total more than 1%
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)

Assessment: Aluminium borings, turnings, clean and dry
Quality: Shall consist of clean, uncorroded aluminium borings and turnings of two or more alloys and subject to deductions for fines in excess of 3% through a 20 mesh screen and dirt, free iron, oil, moisture and all other non-metallic items. Material containing iron in excess of 10% and/ or free magnesium or stainless steel or containing highly flammable cutting compounds will not constitute good delivery. To avoid dispute, material should be sold on basis of definite maximum zinc, tin and magnesium content.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Telic

Assessment: Old aluminium, sheet and cast
Quality: Shall consist of clean old alloy aluminium sheet of two or more alloys, free of foil, venetian blinds, castings, hair wire, screen wire, food or beverage containers, radiator shells, airplane sheet, bottle caps, plastic, dirt, and other non-metallic items. Oil and grease not to total more than 1%. Up to 10% Tale permitted.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Taint/Tabor

Assessment: Used beverage cans, clean and dry
Quality: Shall have a minimum density of 14 pounds per cubic foot (225 kg/ m3), and a maximum density of 17 pounds per cubic foot (273 kg/m3) for unflattened UBC and 22 pounds per cubic foot (353 kg/m3) for flattened UBC. Size: Minimum 30 cubic feet (.85 m3), with bale range dimensions of 24” to 40” (61 to 132 cm) by 30 inch to 52 inch (76 to 132 cm) by 40 inch to 84 inch(102 to 213 cm). The only acceptable tying method shall be as follows: four to six 5/8 inch (1.6 cm) x .020 inch (5 mm) steel bands, or six to ten #13 gauge steel wires (aluminium bands or wires are acceptable in equivalent strength and number). Use of skids and/or support sheets of any material is not acceptable. Must be magnetically separated material and free of steel, lead, bottle caps, plastic cans and other plastic, glass, wood, dirt, grease, trash, and other foreign substances. Any free lead is basis for rejection. Any and all aluminium items, other than used beverage cans, are not acceptable. Variations to this specification should be agreed upon prior to shipment between the buyer and seller.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Taldon

Assessment: Industrial castings
Quality: Shall consist of all clean aluminium castings which may contain auto and airplane castings but no ingots, and to be free of iron, brass, dirt and other non-metallic items. Oil and grease not to total more than 2%.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Tense

Assessment: 63S aluminium solids
Quality: Shall consist of new, clean, uncoated and unpainted aluminium scrap of two or more alloys with a minimum thickness of 0.015 inch (0.38 mm) and to be free of hair wire, wire screen, dirt and other non-metallic items. Oil and grease not to total more than 1%. Also free from punchings less than ½ inch (1.27 cm) in size.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Tough

Assessment: Painted aluminium siding
Quality: Shall consist of clean, low copper aluminium siding scrap, painted one or two sides, free of plastic coating, iron, dirt, corrosion, fiber, foam, or fiberglass backing or other non-metallic items.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Tale

Assessment: Litho sheets
Quality: To consist of 1000 and/or 3000 series alloys, to be free of paper, plastic, excessively inked sheets, and any other contaminants. Minimum size of 3 inches (8 cm) in any direction.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Tablet

Lead Scrap
Assessment: Heavy soft lead
Quality: Shall consist of clean soft scrap lead, free of other materials such as drosses, battery plates, lead covered cable, hard lead, collapsible tubes, foil, type metals, aluminium, zinc, iron and brass fittings, dirty chemical lead and radioactive materials. Review packaging specifications and regulatory status pertaining to shipping with buyer prior to sale.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Racks

Assessment: Undrained, whole old batteries
Quality: Consisting of SLI (starting, lighting & ignition), automotive, truck, 8-D and commercial golf cart and marine-type batteries. Cases to be either plastic or rubber and to be complete. Non-lead (i.e., ni-cad, ni-fe, carbonaire, etc.) not acceptable. Other types i.e. aircraft (aluminium) gel-cel, lawnmower, etc., and partial, cracked or broken batteries or batteries without caps and the amount of liquid content and any variations to the specification subject to special agreement. Review packaging specifications and regulatory status pertaining to shipping with buyer prior to sale.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Rink

Zinc Scrap
Assessment: Old zinc scrap
Quality: Shall consist of clean dry scrap zinc, such as sheets, jar lids, clean unalloyed castings and anti-corrosion plates. Borings and turnings are not acceptable. Material must not be excessively corroded or oxidized. All foreign attachments and extraneous materials are deductible.
Location: US/Canada, specified city, delivered to yard
Unit: US cents per lb (Canadian cities prices are in local currency)
ISRI code: Score

To provide feedback on these prices, or if you would like to provide price information by becoming a data submitter to the non-ferrous city scrap assessments, please contact Sean Barry at pricing@fastmarkets.com. Please add the subject heading: FAO: Sean Barry, re: Non-ferrous city scrap prices.

To see all of Fastmarkets AMM's pricing methodology and specification documents, go to https://www.fastmarkets.com/about-us/methodology.


 

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