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Scrap Prices September 13, 2017 11:30:10 AM

12th Sep, 2017: Chinese Scrap Metal Prices Remained Upbeat on Index

Anil Mathews
ScrapMonster Author
Old Cast and Old Sheet prices increased by CNY 50 per MT each on September 12th, 2017.

12th Sep, 2017: Chinese Scrap Metal Prices Remained Upbeat on Index

BEIJING (Scrap Monster): The Chinese scrap metal prices surged higher on ScrapMonster Price Index  as on September 12th, Tuesday. Aluminum and Stainless Steel scrap prices soared on Index when matched with the previous day. Copper Scrap prices too were up from the previous day. Meantime, Steel, Brass and Bronze scrap prices held steady.

Copper Scrap Prices

The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 50 per MT each.

The price of #2 Copper Wire and Tubing also increased by CNY 50 per MT.

#1 Insulated Copper Wire 85% Recovery prices witnessed no change over the previous day. The price of #2 Insulated Copper Wire 50% Recovery too remained unchanged when compared with the day before.

Copper Transformer scrap prices saw no variation in prices over the previous day. No price-change was witnessed in Cu Yokes.

Cu/Al Radiator and Heater Cores prices reported no change over the previous day.

Harness Wire 35% Recovery prices saw no change on Tuesday, September 12th.

Also, Scrap Electric Motors and Sealed Units prices remained unchanged.

Aluminum Scrap Prices

6063 Extrusions and Aluminum Ingots witnessed a rise of CNY 50 per MT over the previous day.

Aluminum Radiators and Transformers prices remained unchanged over the previous day.

E.C Aluminum Wire prices jumped higher by CNY 50 per MT to touch CNY 16,300 per MT.

Old Cast and Old Sheet prices increased by CNY 50 per MT each on September 12th, 2017.

UBC prices witnessed no change on Index.

Meantime, Zorba 90% INF prices remained unchanged on Index.

Steel Scrap Prices

#1 HMS prices held steady at CNY 1,630 per MT on 12th September, 2017.

Cast Iron Scrap too reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices climbed higher by CNY 100 per MT to CNY 4,950 per MT.

304 SS Solid prices too increased by CNY 100 per MT over the previous day.

The price of 304 SS Turning witnessed a rise of CNY 100 per MT.

309 SS and 310 SS prices witnessed increase of CNY 150 per MT and CNY 200 per MT respectively.

316 SS Solid scrap prices edged higher by CNY 150 per MT over the day on September 12th.

Shred SS prices increased by CNY 100 per MT to end the day at CNY 10,050 per MT.

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China remained unchanged on Index.

Brass Radiator scrap prices held steady at CNY 30,650 per MT on September 12th.

Red Brass and Yellow Brass prices too were flat on Index.

 

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