Tuesday 17 November 2015

Scrap Cost Update: Aluminum Price To Rise?

Hey  Scrappers!

We bring to your notice the status of scrap metals Qatar prices. So whether it is the price of copper scrap in Qatar or Aluminum Scrap in Qatar, you will get all the price updates here.

Copper to bounce back in early 2016?

The price of Copper Scrap in Qatar is very much dependent on the price of copper itself. So analyzing the trend, copper prices have been low for the past few days which is a nice thing. It’s a nice thing as it leaves room for copper prices to rise in first half of 2016 as claimed by industry professionals.

So does that mean one can bet the house as well as hold his material? No, but it won’t hurt to hold one or two items and explore what happens.

Aluminum scrap in Qatar price to rise?

 The prices of aluminum have reduced by 1 or pennies every round. We have been keeping track of prices of stainless steel and other base metals as well. And the prices of all seem to follow a relatively stable path.

Are steel prices scheduled to go up?

Steel prices seem to (at least the rumors suggest) rise slowly. However, the prices don’t show a significant difference. The market is eyeing the prices of steel in china, because that will affect global prices of steel which will in turn affect steel scrap prices in Qatar. Let’s see what the New Year has for Scrap Metals Qatar community.

Current scrap metal prices-
  • Bare Bright Copper: $1.81-$2.06
  • Copper Pipe: $1.54-$1.84
  • Clean Brass: $1.04-$1.14
  • Insulated Copper: $0.55-$1.43
  • Aluminum Sheet: $0.30-$0.33
  • Stainless Steel: $0.24-$0.29
  • Aluminum Cans: $0.25-$0.35 (Not CRV Pricing)
  • Light Iron: $25-$40 per ton

Image Source : alaglobal.com, newcomerstruckparts.com

No comments:

Post a Comment