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current rates vary per day and are available direct from the LME or London Metals exchange. As of 16/4/12, buy stands at $489 and sell $492. Similarly, scrap prices stand at £200 per metric tonne or $300 per tonne. However, there are seasonal fluctuations, whcih believe it or not are dependant upon the BRICKs (Brazil, India and China in particular) who buy considerable quantities for their industries and certainly drive global market prices.

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What is the current price scrap metal?

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