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Scrap Metals Composite Index
The Scrap Metals Composite Index tracks the changing market prices in the scrap metals industry .
The Index consists of a weighted basket of specific benchmark grades of
scrap metals. The benchmarks include specific grades of scrap aluminum, brass,
copper, lead, magnesium, stainless steel, steel, tin and zinc.
The Index includes snapshots of 5 viewpoints of market trends :
the past 7 days, past 30 days, past 90 days, past 1 year and past 2 years.
The Composite Index is updated daily before noon EST and tracks 7 days per week.
Transaction activity on the weekends is typically
lighter; it is not uncommon to see no change reflected in the Index during this time period.
The Composite Index is derived from current spot market prices
originating from the Inter-Continental Metal Exchange (IME). This source of data is
proprietary in nature and may not reflect external markets trends.
To keep current with the market trends, you may visit this website or subscribe to the
The Composite Index is a free service.
Includes the Composite Index service and
access, via the web or email alerts, to current Spot Market Prices for the benchmark grades.