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Scrap Prices November 14, 2017 09:30:14 AM

13th November, 2017: Chinese Stainless Steel Scrap Prices Fell Sharply on Index

Anil Mathews
ScrapMonster Author
The price of #2 Insulated Copper Wire 50% Recovery held steady at CNY 24,600 per MT over the previous day.
13th November, 2017: Chinese Stainless Steel Scrap Prices Fell Sharply on Index

BEIJING (Scrap Monster): The Chinese scrap metal prices mostly remained unchanged on ScrapMonster Price Index  as on November 13th, Monday. Steel, Brass and Bronze scrap prices held steady. Copper and Aluminum scrap prices too remained unchanged over the previous day. However, Stainless Steel scrap prices declined on Index.

Copper Scrap Prices

The #1 Copper Bare Bright and #1 Copper Wire and Tubing witnessed no price change over the previous day.

The price of #2 Copper Wire and Tubing also remained flat.

#1 Insulated Copper Wire 85% Recovery prices remained flat. The price of #2 Insulated Copper Wire 50% Recovery held steady at CNY 24,600 per MT over the previous day.

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

Cu/Al Radiator prices remained unchanged.

Harness Wire 35% Recovery prices held steady on Monday, November 13th.

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

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 15,200 per MT.

Old Cast prices too were flat on 13th November, 2017.

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 November, 2017.

Cast Iron Scrap reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices declined by CNY 50 per MT to touch CNY 5,450 per MT.

304 SS Solid prices too were down by CNY 100 per MT.

The price of 304 SS Turning dropped by CNY 100 per MT over the previous day.

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

316 SS Solid scrap prices edged lower by CNY 150 per MT over the day on November 13th.

Shred SS prices too were down by CNY 100 per MT to CNY 10,500 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 30,800 per MT on November 13th, 2017.

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

 

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