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$0.28. North Carolina. $0.39. North Dakota ... Tin scrap in the U.S. generally goes for $110 per ton on today's open market. ... Scrap metal prices are determined by current market conditions and ...
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.
The industry produced over 74 million net tons per year as of November 2024. [1] Most iron and steel in the United States is now made from iron and steel scrap, rather than iron ore. The United States is also a major importer of iron and steel, as well as iron and steel products.
The blister steel was put in a crucible with wrought iron and melted, producing crucible steel. Up to 3 tons of (then expensive) coke was burnt for each ton of steel produced. When rolled into bars such steel was sold at £50 to £60 (approximately £3,390 to £4,070 in 2008) [11] a long ton.
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]
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 has become increasingly important to global export markets.
HMS 1 is the term for heavier scrap which has a density of at least 0.7 tons per cubic meter, whereas HMS 2 would be lighter steel scrap Because both grades guarantee a minimum piece thickness – at least 1 ⁄ 4 inch (6.35 mm) for HMS 1, and 1 ⁄ 8 inch (3.175 mm) for HMS 2 – consignments have a high density.
Zinc sale prices were 80 cents per pound in July 2008, [112] which was typical of its 2004–2008 pricing levels. [112] By January 2009 it had bottomed out and was worth 45 cents per lb. [112] A spectacular bull market and increased Chinese interest in galvanised construction steel caused prices to top off at $1.20 per pound of metal by January ...