Scraprice.com News
Battery scrap prices remain stable
2024-02-06, Scrap Battery prices
At the start of 2024, in the first month of January of this year, the price of lead increased to 4%. However, at the beginning of February, there was a significant decrease again. Everything is very clear in the lead price graph below. Looking at last year's lead price, one could conclude that the value of lead remained the same. In this article, we write about the price of lead because the price of lead has the greatest influence on the prices of scrap lead batteries. Observing the changes in lead prices on the stock exchange, it can be said that the price of scrap lead batteries has not changed significantly recently. According to the website scrapprice.com, it can be seen that the highest price for scrap batteries is in Belarus, but this may not be entirely true.
Read moreThe price of gold decreased slightly at the beginning of 2024
2024-01-05, Scrap Gold prices
At the beginning of 2024, the price of gold surprised again with a negative change. During the first few days of this year, the price of gold fell by 2% and on January 3rd. was down almost to $2,032 per ounce.
By the end of December 2023, the price of gold had reached more than 2,088 US dollars per ounce. It seems that a record price of gold has been reached. However, such a jump in the price of gold was instantaneous and the price later returned to its previous level. Hardly anyone could name the specific reason for such a price jump, because the price of gold is influenced by many factors, starting with the markets of individual countries and ending with the geopolitical situation. There will be different opinions, but it's probably more than just speculation. The price of gold has remained
Worldwide deforestation has reached 6.6 million hectares
2023-10-27, Scrap electronics prices
WE ARE IN A CRISIS: The world remains off track to reach the goals of halting and reversing deforestation and forest degradation by 2030 - published on the website forestdeclaration.org
In 2022, global gross deforestation reached 6.6 million hectares worldwide and was 21 percent higher than needed to eliminate deforestation by 2030. The loss of primary tropical forests reached 4.1 million hectares and is even further off track—the loss was 33 percent higher than the needed trajectory to halt primary forest loss by the end of the decade.
This backslide puts forest goals even farther out of reach after the small but insufficient progress made in 2021.
Cash for Gold Los Angeles
2023-08-05, Scrap Gold prices
LA Cash for Gold is located in the city of Pasadena California. The gram weight, metal purity, and finally the payout percentage the company buying the item was offering based of the current spot price.
LA Cash for Gold opened its original location on 7th and Hill Street in the Downtown Los Angeles Jewelry District in 2007. In 2010, the company moved to a bigger location in the beautiful city of Pasadena California. The new location has allowed us to expand our jewelry and diamond selection, in house Jewelry Repair and Manufacturing facilities. Our location is surrounded by plenty of one hour free parking, making it very convenient for clients in need of gold selling services.
Catalytic converters and Electronic scrap analysis
2023-08-03, Scrap catalytic converter prices
The company UAB Metralis offers precious metal (Pt, Pd, Rh, Au, Ag) content determination by ICP-OES. All samples undergo customized preparation prior to ICP-OES, therefore we can reliably determine precious metal.
Determination exact composition of the material. Our clients always analyze their material before selling to refiners compare with samples of refiners, to ensure correct results and save money. We can help to increase profit by interceding between catalytic converter buyers and refiners. We have experience analyzing samples from biggest refiners from around the world. Our specialists know the best way to analyze samples from each refiner.
The price of stainless steel scrap is going down
2023-06-29, Scrap stainless steel prices
As the price of nickel decreases in metal exchanges, the purchase prices of stainless steel scrap also decrease. From the beginning of 2023 to the end of June, the price of nickel fell by almost 40%. In the first days of 2023, the nickel price was $31.2/kg, on June 28, the nickel price was only $19.85/kg. Since the price of stainless steel scrap largely depends on the price of nickel, the purchase price of stainless steel scrap decreased accordingly. According to the website scraprice.com, the highest price of stainless steel scrap in the last days of June 2023 was in Turkey and reached almost €2/kg. The price of stainless steel scrap was also high in other countries: Denmark, Germany and the United Kingdom.
Read moreThe price of scrap copper is falling
2023-05-24, Scrap copper prices
In the first days of 2023, the price of copper increased by about 15% and on January 18, it reached $9.436 per kilogram on the London Metal Exchange. However, since that day, the price of copper has steadily declined. On March 15, 2023, the price of copper fell to $8.52/kg, and by May 23, it fell as low as $7.96 per kilogram. As the price of copper in the metal exchanges decreased, the [prices of copper scrap] in each country decreased accordingly. According to information from the scraprice.com website, you can see which country has the highest copper scrap prices. Recently, the highest price of copper scrap was in Poland. The firm Raf-Mar from the city of Kraków bought scrap copper for €7.23/kg in mid-February this year, and on May 24, it paid only €5.77 per kilogram of copper.
Read moreThe scrap metal price is lower at the beginning of 2023
2023-03-21, Scrap metal prices
At the beginning of 2023, the price of steel scrap was constantly increasing and on February 23, it reached $480 per ton on the London Metal Exchange. Compared to the same period in 2022, the price of scrap metal was on average about 20-30% lower. In March, the price of scrap metal continued to decrease and on March 20 it was $438 per ton. According to the information of the website scraprice.com, it can be concluded that the highest scrap metal prices are in Turkey. That scrap metal is the most expensive in Turkey should not surprise anyone, because it has been like this for a long time. Next, we could mention several European countries, where the prices of scrap metal are also often high: - these are Poland, Lithuania, Bulgaria. Scrap metal prices vary depending on many factors.
Read moreThe price of aluminum is rising. Will it reach $4,000 per ton?
2023-01-26, Scrap aluminium prices
With the start of 2023, the price of aluminum started to rise from January 6 of this year. During the period of the previous year, the price of aluminum was the highest at the beginning of March and reached as much as $3,840 per ton. However, the price of aluminum continued to decrease until the end of the year. At the end of September last year, the price of aluminum had fallen to its lowest point, and at that time it was $2100 per ton or even less. It is easy to calculate that the price of aluminum has fallen by more than 45% from the highest point to the lowest point during the last year. Observing this situation of the price of aluminum in the metal exchanges, it is not surprising that the price of aluminum scrap has been constantly decreasing in the past year. The price of aluminum is very important for both industry and consumers. Aluminum is a very versatile material used in the production of many products, such as automobiles, construction and electronics industries, energy industries. As a result, the price of aluminum is highly sensitive to economic and political changes.
Read moreThe price of scrap batteries should rise
2023-01-20, Scrap Battery prices
The price of scrap batteries depends mainly on the price of lead on metal exchanges. At the beginning of 2023, the price of lead continued to increase. The increase in the price of lead started at the end of October 2022. At that time, the price of lead was about $0.84/kg, and already on January 16, 2023, it reached $1.01 per 1 kilogram. With the increase in the price of lead, it can be expected that the price of scrap lead batteries can also increase by about 20%. In 2022, in March-April, the price of lead on metal exchanges was increased to $1,120 per ton, but after that it continued to decrease. Scrap battery prices have been rising in recent months due to a number of factors. One of the main factors is the increasing demand for scrap batteries as a source of recycled lead. In addition, the prices of new batteries