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Tin scrap in the U.S. generally goes for $110 per ton on today's open market. The value of a single tin can would calculate as a fraction of a cent as a result. What are the latest scrap metal prices?
Currently, auctions are asking between $2 and $3 per pound for quantities of 10 to 25 pounds of coins. One auction featured 100,000 pennies -- weighing about 680 pounds -- that sold for $1,500 ...
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 ...
The London Metal Exchange is an example of a metals exchange where metal is traded as futures contracts providing pricing for defined purity and contract size. The LME Copper contract for example is for delivery of 25 tonnes of Grade A copper cathode at a specified location and priced in United States dollars. This is used to set the price of ...
Over 60% of the newly mined copper in the U.S. comes from Arizona. When copper traded for an average of $3.30/pound, copper production generated nearly $5 billion for Arizona's economy in 2006 and $5.5 billion in 2007. The first mineral to be mined in Arizona was, as in many other regions, gold.
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When copper reached a record high in February 2011, [47] the melt value of a 95% copper cent was more than three times its face value. As of January 21, 2014, a pre-1982 cent contained 2.203 cents' worth of copper and zinc, making it an attractive target for melting by people wanting to sell the metals for profit.
Gold touched a record high on Monday and silver prices neared 12-year highs as this year's rally in the metals market continues.Gold futures traded hands just above $2,450 per ounce during early ...
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