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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 ...
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]
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.
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.
This is a list of prices of chemical elements. Listed here are mainly average market prices for bulk trade of commodities. Listed here are mainly average market prices for bulk trade of commodities. Data on elements' abundance in Earth's crust is added for comparison.
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.
Because of the low availability relative to demand, rhenium is among the most expensive industrial metals, with an average price exceeding US$6,000 per kilogram, as of mid-2009. It first traded in 1928 at US$10,000 per kilogram of metal, but traded at US$250 per Troy ounce in mid-2010. [82] It traded in July 2010, at about US$4,000–4,500/kg. [83]
The iron and steel industry is thus very important economically, and iron is the cheapest metal, with a price of a few dollars per kilogram or pound. Pristine and smooth pure iron surfaces are a mirror-like silvery-gray. Iron reacts readily with oxygen and water to produce brown-to-black hydrated iron oxides, commonly known as rust.