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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.
In 2023, Wyloo Metals acquired Mincor Resources. Kambalda was the first nickel mine in Western Australia. The mine also caused an international dispute between Singapore and Australia over nuclear waste disposal when a caesium-137 density gauge lost at Kambalda contaminated a furnace in Singapore in 1978. [1] [2]
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OEC 5.0 (2021-Today) The 5.0 version was launched in the summer of 2021, bringing subnational data from regions and provinces from over 20 major countries. This new version also gives users the ability to pay for both pro and premium subscription.
The publication provided price and other information for the steel and non-ferrous metals markets and was published twice a week. [2] [3] In 1967 the company introduced a spin-off publication, Industrial Minerals, which covered non-metallic minerals industry. [4] [5] In 2001 Metal Bulletin bought American Metal Market. [3]
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.
British police officers checking for stolen metal at a scrap metal merchant. Metal theft is "the theft of items for the value of their constituent metals". [1] It usually increases when worldwide prices for scrap metal rise, as has happened dramatically due to rapid industrialization in India and China.