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Scrap Prices February 14, 2018 08:30:10 AM

13th February, 2018: Chinese Scrap Metal Prices See Sharp Rebound on Index

Anil Mathews
ScrapMonster Author
Copper Transformer scrap prices were up marginally by CNY 50 per MT over the previous day. A similar rise of CNY 50 per MT was reported Cu Yokes prices.

13th February, 2018: Chinese Scrap Metal Prices See Sharp Rebound on Index

BEIJING (Scrap Monster): The Chinese aluminum scrap prices remained flat on ScrapMonster Price Index  as on February 13th, Tuesday. Brass, Bronze, Stainless Steel and Copper Scrap prices surged higher from the previous day. Meantime, Steel scrap prices held steady.

Copper Scrap Prices

The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 400 per MT each.

The price of #2 Copper Wire and Tubing also increased by CNY 400 per MT.

#1 Insulated Copper Wire 85% Recovery prices were up by CNY 150 per MT over the previous day. The price of #2 Insulated Copper Wire 50% Recovery too surged higher by CNY 100 per MT when compared with the day before.

Copper Transformer scrap prices were up marginally by CNY 50 per MT over the previous day. A similar rise of CNY 50 per MT was reported Cu Yokes prices.

Cu/Al Radiator and Harness Wire 35% Recovery prices inched higher by CNY 100 per MT and CNY 50 per MT respectively.

Heater Cores were up by CNY 100 per MT on Tuesday, February 13th.

Meantime, Scrap Electric Motors and Sealed Units prices remained unchanged on Index.

Aluminum Scrap Prices

6063 Extrusions witnessed no change in prices over the previous day.

Aluminum Ingots too remained unchanged.

The prices of Aluminum Radiators and Aluminum Transformers saw no variation.

E.C Aluminum Wire prices remained unmoved at CNY 14,200 per MT.

Old Cast prices too were flat on 13th February, 2018.

The prices of Old Sheets and UBC held steady on Index.

Zorba 90% INF prices saw no change from the previous day.

Steel Scrap Prices

#1 HMS prices held steady at CNY 1,630 per MT on 13th February, 2018.

Cast Iron Scrap too reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices saw rise of CNY 50 per MT on Index.

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

The price of 304 SS Turning was up by CNY 100 per MT on Index.

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 February 13th.

Shred SS prices were up by CNY 100 per MT.

Brass/Bronze Scrap Prices

The Brass/Bronze Scrap prices in China recorded modest rise from the previous day.

Brass Radiator scrap prices saw rise of CNY 50 per MT on February 13th, 2018.

Red Brass and Yellow Brass prices too were up by CNY 50 per MT each.

 

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