Copper and Aluminum Prices Surge into 2024!

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Closing 2023 with a Surge in Aluminum and Copper Prices: Market Insights from Sahd Metal Recycling.

Discover the latest trends in the metals market as we wrap up 2023 with notable highs in aluminum and copper prices. In our recent analysis, we delve into the reasons behind aluminum’s impressive peak, reaching around $1.09 – a rate unseen since early May. We explore the impact of the mine outage in Guinea and ongoing UK sanctions against Russia, shedding light on the complex dynamics influencing these price hikes.

Despite aluminum inventories hitting a four-month high on the LME, we anticipate potential further gains in 2024. On the copper front, the age-old correlation between the US dollar and the yuan continues to play a pivotal role. Our examination reveals the dollar’s volatility against the yuan, driving copper prices in a noteworthy trend.

Join us as we dissect these market movements and what they could mean for 2024. With growing momentum, Sahd Metal Recycling is geared up for a promising start to the new year – and yes, we’re adjusting our prices accordingly! Dive into our comprehensive analysis and get ready for an exciting year ahead in the world of metal recycling.

Our new pricelist just came out and copper prices are up across the board!  We have been most aggressive with bare brite copper (single strand that produces chop), copper #1, THNN Insulated copper wire, #1 copper wire or romex, copper aluminum radiators, brass and EDM wire.  We’ve also bumped up prices a bit on #2 copper, irony copper aluminum radiators, aluminum extrusions, 5052 aluminum and aluminum siding.  Now is a good time to sell your metal at your nearby scrapyard, Sahd Metal Recycling in Columbia, PA!

#MetalRecycling #MarketTrends #AluminumPrices #CopperUpdate #NewYear2024″


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Acceptable Materials

Appliances including:
  • Stoves
  • Microwaves
  • Washers and Dryers
  • Dishwashers
  • FOR A $10 FEE—Air Conditioners

End of Life Items Including:
  • Machinery (all fluids,pans and cylinders removed)
  • Farm Equipment
  • Farm Machinery
  • Lawnmowers
  • Cast Iron Patio Furniture
  • Cast Iron Outdoor Railing
  • Sheet Metal
  • Steel Wheels
  • Steel

Nonferrous Scrap:
  • Aluminum
  • Aluminum Cans
  • Aluminum Pots and Pans
  • Aluminum Siding/Gutters/Downspouts
  • Aluminum Patio Furniture
  • Aluminum Wheels
  • Aluminum Wire
  • Auto Batteries
  • Brass Fixtures/Lamps Decorative items
  • Cable, Fence and Wire
  • Christmas Lights
  • Copper
  • Copper and Brass Plumbing Pipes
  • Copper and Brass Plumbing Valves and Connectors
  • Copper Tubing
  • Copper Wire
  • Electric Motors
  • Insulated Wire
  • Radiators
  • Screen Doors/Windows (glass removed)
  • Stainless Steel

Prohibited Materials

  • Acetylene Cylinders
  • Asbestos or Asbestos Containing Materials (ACM)- applies to both fibrous and solid materials
  • Any Scrap Containing Refrigerants (CFC or HCFC) (Freezers, Refrigerators)  Air Conditioners are accepted for a $10 fee
  • Cathode Ray Tubes (CRT/tube-style computer monitors or televisions)
  • Closed Compressed Gas Cylinders – high pressure cylinders with valve intact
  • Combustible or Flammable Materials – fuels, paints, degreasers, unpunctured aerosol cans
  • Corrosive Materials – highly acidic or caustic materials (battery acid, caustic soda, etc.)
  • Explosive Materials, Munitions, Shell Casings – includes suspect military scrap
  • Free Flowing Liquids (including water)
  • Hazardous Waste – toxic or poisonous materials or wastes
  • Infectious Materials – blood-soaked or biohazard items
  • Liquids or Scrap Containing Free Flowing Liquids – fuels, antifreeze, oils, hydraulic fluid, paints
  • Mercury Containing Materials – mercury-containing thermostats, switches or fluorescent light bulbs
  • Non-Metallic Items – concrete, wood, asphalt, dirt, debris, tires (more than 5 per auto)
  • PCB-Containing Materials
  • Whole tanks uncut
  • Radioactive Scrap – anything exhibiting radiation levels above background
  • Scrap with Small Capacitors that contain 50 ppm of PCBs