Quick Scrap Market News & Flash Updates

Bare Bright Copper prices have experienced a significant surge of 5.2% this week, driven by supply constraints at major primary mines and high demand from electric vehicle battery manufacturing facilities. Recyclers are advised to lock in contracts while rates remain elevated.

Stricter disposal regulations for electronic waste are now active across regional processing hubs. Facility inspections will focus heavily on circuit board processing methods, motherboard recovery yields, and precious metals refinement safety protocols.

Pulping mills have reported maximum booking levels for Old Corrugated Containers (OCC Grade 11) cardboard bales. Scrap yards are encouraged to optimize bale density to reduce shipping container freight costs and maximize export returns.

A state-of-the-art depolymerization facility has opened, allowing infinite circular recycling of post-consumer PET and HDPE plastic materials. Yards supplying sorted clean plastic flakes are reporting increased purchase request volumes.

Environmental and safety watchdogs have issued an updated advisory for lead-acid and lithium battery storage areas. Yards must implement strict acid containment sumps and separate lithium stacks to prevent thermal runaway incidents.

Clean 6063 aluminium scrap prices have hit a yearly high of $2,450 per metric ton due to structural construction demand. Sorting yards are increasing their intake limits to capture the sudden influx of industrial window profiles and pipe scrap.

Major manufacturing plants are actively buying premium 98/2 LDPE clear packaging film scrap bales. Containers are being loaded for immediate dispatch. Material must be free of labels and moisture to receive top market value.

Ferrous metal rates have remained stable this month. Steady local infrastructure construction and steel mill demand have balanced pricing fluctuations, keeping Heavy Melting Steel (HMS 1 & 2) trading within predictable bands.

A prominent local alloy foundry has completed a spot purchase of 50 tons of Brass Honey scrap. Pricing settled at $4.20 per pound, indicating a healthy industrial appetite for clean brass fixtures and plumbing scrap metal.

Our primary sorting yard has completed its expansion project, installing a new optical sorting system and a 50-ton automated conveyor belt. This upgrade doubles our daily throughput capacity for recyclable post-consumer plastics.