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Scrap Metal and Market

Scrap Metal and Market

Scrap Metal and Market

(OP)
I would like to gather more information abuot scrap metals, such as its current market price, related standards. Other than that, does anyone knows where to find the composition of automobile parts, such as chasis, engine and etc.

Any help would be grateful.

RE: Scrap Metal and Market

hmm depends where you are, generally there will be journals like recycling times and metal bullatine, that gives basic prices, these are only guideline as they are massaged by producers and scrap merchants i.e.


i would offer to buy from you 20t of scrap cast aluminium. as a metal producer i want this as low as possible. the spot price for cast aluminium would be say £800.tonne. As the papers get thier price from buyers like me i would report a grossly low figure.


its a grey area especially when some metal user buy and sell on the reported price of  ingot in the paper i.e buy scrap at ingot price  minus £400 a tonne. And it would b in the metal produces to report an ingot price as low as possible.

suffice to say its a very general figure you get.

RE: Scrap Metal and Market

Salvatio,

in nonferrous scrap the specifications issued by the ISRI in the US are pretty much world standard, you may want to check them at www.isri.org. Inthe Us a good guide to metal price is AmericanMetal Market and Platts who offer paid subscription to fairly up todate prices.

RE: Scrap Metal and Market

Steel scrap prices through the roof, primarily driven by China, but apparently easing up.

http://www.grede.com/customer_service/prices/steel...

http://www.crumonitor.com/80256B48004C7375/vWeb/wp...
http://www.crumonitor.com/80256B48004C7375/vWeb/wp...

http://www.cruspi.com/HomePage.aspx (registration required, but is free)

http://www.steelonthenet.com/frameTRE.html (Statistics, Trend Watch, scroll down to Major Steel Input Costs (thru 2004Q1))

Bill Gates recently made a(nother) bundle investing in a prominent West Coast scrap dealer.

Hg

RE: Scrap Metal and Market

Scrap and non ferrous metal details are provided on a weekly basis by many bulletins and trade magazines. Global Recycle is one such bulletin. My experience says that if you are a buyer know the trend but source it from a trader or manufacturer whom you trust,though it may be expensive.


China has hyped up the steel prices and also iron ore. Added to this it has stopped exports of coke used in cupolas and metallurgical coke. Nickel and Moly prices continue to increase on a daily basis. It has become extremely difficult to source raw materials or quote for an order.

I am in India and last week a steel processor had imported automobile  steel scrap from the Middle East. 12 people died due to an explosion. A search revealed that there was a live bomb charged into the furnace. Now nearly 24 such rocket bombs have been located by the explosives experts,search is still on.

This scrap trade is a grey area and you can expect a bounty or a disaster. I can go on endlessly on this topic, but my advise is to be cautious .

RE: Scrap Metal and Market

The composition of the ferrous alloys in automobiles is generally low carbon low alloy. There are parts that are cast iron (brakes, steering knuckles, etc...)

Modern autos are quickly increasing the use of cast Al alloys...

Try a google search on various keywords there are hundreds of studies on recycling autos....

Nick
I love materials science!

RE: Scrap Metal and Market

This may have changed slightly with the scrap shortage but at least until recently most structural steel was made from recycled automobiles--enough so that some material standards have had to be adjusted because of the increased trace alloy content.  (I don't have my usual references at hand but I've vaguely thinking I might be talking about some of the subtypes of ASTM A 709 Gr. 50.)  

Hg

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