20th November, 2017: Chinese Aluminum Scrap Prices Alone Witnessed Decline on Index

BEIJING (Scrap Monster): The Chinese scrap metal prices mostly remained unchanged on ScrapMonster Price Index  as on November 20^th, Monday. Steel, Brass and Bronze scrap prices held steady. Copper scrap prices too remained unchanged over the previous day. Also, Stainless Steel scrap prices remained flat on Index. Meantime, Aluminum scrap prices witnessed sharp decline.

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 24,300 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 20^th.

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

Aluminum Scrap Prices

6063 Extrusions witnessed a price decline of CNY 300 per MT over the previous day.

Aluminum Ingots too dropped by CNY 300 per MT.

The prices of Aluminum Radiators and Aluminum Transformers declined by CNY 150 per MT each.

E.C Aluminum Wire prices dropped by CNY 300 per MT to touch CNY 14,900 per MT.

Old Cast prices too witnessed a down move of CNY 300 per MT on 20^th November, 2017.

The prices of Old Sheets saw a down move of CNY 300 per MT.

UBC and Zorba 90% NF prices declined by CNY 200 per MT each from the previous day levels.

Steel Scrap Prices

#1 HMS prices held steady at CNY 1,630 per MT on 20^th November, 2017.

Cast Iron Scrap reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices were unchanged at CNY 5,150 per MT.

304 SS Solid prices too remained flat over the previous day.

The price of 304 SS Turning saw no change on Index.

309 SS and 310 SS prices held steady when compared with the prior day.

316 SS Solid scrap prices were flat on November 20^th.

Shred SS prices too saw no variation in prices over the day.

Brass/Bronze Scrap Prices

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

Brass Radiator scrap prices held steady at CNY 30,550 per MT on November 20^th, 2017.

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

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