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Metal prices are the prices of metal as a commodity that are traded in bulk at a predefined purity or grade. Metal can be split into three major categories, precious metals, industrial metals and other metals. Precious metals and industrial metals are priced by trading of those metals on commodities exchanges. [1]
American Metal Market (AMM) is an online provider of industry news and metal pricing information for the U.S. steel, nonferrous and scrap markets. Products include a daily publication available electronically, live news on the publication's website, a hard-copy magazine and a series of weekly newsletters covering niche markets.
Some scrap yards' websites have updated scrap prices. In the US, scrap prices are reported in a handful of publications, including American Metal Market, based on confirmed sales as well as reference sites such as Scrap Metal Prices and Auctions. Non-US domiciled publications, such as The Steel Index, also report on the US scrap price, which ...
Recycling is via a steelworks: scrap is either remelted in an electric arc furnace (90-100% scrap), or used as part of the charge in a Basic Oxygen Furnace (around 25% scrap). [20] Any grade of steel can be recycled to top quality new metal, with no 'downgrading' from prime to lower quality materials as steel is recycled repeatedly. 42% of ...
[98] [99] An average stainless steel object is composed of about 60% recycled material of which approximately 40% originates from end-of-life products, while the remaining 60% comes from manufacturing processes. [100] What prevents a higher recycling content is the availability of stainless steel scrap, in spite of a very high recycling rate.
The publication provided price and other information for the steel and non-ferrous metals markets and was published twice a week. [2] [3] In 1967 the company introduced a spin-off publication, Industrial Minerals, which covered non-metallic minerals industry. [4] [5] In 2001 Metal Bulletin bought American Metal Market. [3]
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