Scrap Metal Price Index - Hungary
Are you an industrial manufacturer working with metal in Hungary? Make the most out of your metal scrap. Explore current scrap metal prices trends and gain insights into the latest price movements in the market with our specialized index. This resource covers key metals scrap like Aluminum, Copper, Cables, Brass, Stainless Steel, and more.
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Scrap Metal Prices - Hungary
updated on 11/21/2024
| Aluminum | HUF 707,714.29 | +1.09%  |
| Copper | HUF 2,924,221.43 | -1.48%  |
| Brass | HUF 1,856,210.71 | +4.29% |
| Stainless Steel | HUF 705,996.43 | +2.54% |
| Iron and Steel | HUF 89,779.29 | +2.65% |
| Lead | HUF 398,185.00 | -11.15% |
| Zinc | HUF 559,085.00 | -11.11% |
| Tin | HUF 6,509,325.00 | +4.87% |
About our scrap metal prices
These represent median prices for all materials from the respective metal category based on transactional values, which can vary in volume, geographic location, and quality. It’s important to understand that these are indicative trends, not actual metal scrap prices. Full-load transactions generally command higher prices due to increased handling and processing for partial-load transactions.
Frequently asked questions
What is this index?
The Metaloop Price Index is designed not to list actual sale prices, but to track the fluctuations and trends in scrap metal pricing. It serves as a critical tool for contextualizing price movements, helping you understand how scrap metal values shift over time relative to market forces and economic indicators in the industry.
How does Metaloop come up with these values?
The values in our index represent median prices for partial loads delivered to scrap yards, capturing a snapshot of market trends without specifying exact purchase prices. It's essential to recognize these figures as indicators of pricing trends, not definitive costs. Full-load transactions generally command higher prices due to increased handling and processing for partial-load transactions.
How does your pricing work?
The prices of secondary non-ferrous raw materials are closely connected to the market prices of industrial metals traded at the LME (London Metal Exchange). Depending on quantity, quality, and customers, prices are represented either as fixed prices or as formulas based on LME prices (price-fixation agreements).
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