1st April, 2015: Chinese Aluminum Scrap prices rise; Brass scrap unchanged

BEIJING (Scrap Monster) : The Chinese Aluminum scrap prices increased marginally on the Scrap Monster Price Index on April 1^st, Wednesday.

6063 Extrusions witnessed a rise of CNY 50 per MT over the previous day. Aluminum Ingots and Transformers prices increased by CNY 50 per MT each. E.C Aluminum Wire prices jumped higher by CN50 per MT to touch CNY 13,300 per MT. Old Cast prices too appreciated by CNY 50 per MT. The prices of Aluminum Radiators and Old Sheet saw marginal rise of CNY 50 per MT each. UBC prices went higher by CNY 50 per MT. Meantime, Zorba 90% INF prices remained unchanged from the previous day levels.

Meanwhile, Brass Radiator prices remained unchanged at CNY 32,350 per MT over the previous day. Red Brass and Yellow Brass prices too remained flat over the previous day.

Stainless steel scrap prices mostly declined on the Index.

201 SS prices remained unchanged at CNY 4,000 per MT.

The prices of 304 SS Solid and 304 SS Turning dropped by CNY 50 per MT each.

309 SS, 310 SS and Shred SS prices too declined by CNY 50 per MT each on April 1^st, 2015.

316 SS Solid prices witnessed downfall of CNY 100 per MT.

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