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Scrap Prices September 21, 2017 07:30:38 AM

20th September, 2017: Chinese Scrap Metal Prices Rose Rapidly on Index

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

20th September, 2017: Chinese Scrap Metal Prices Rose Rapidly on Index

BEIJING (Scrap Monster): The Chinese aluminum scrap prices surged higher on ScrapMonster Price Index  as on September 20th, Wednesday. Copper Scrap prices too were up from the previous day. Meantime, Brass, Bronze and Steel scrap prices held steady. Also, Stainless Steel scrap prices increased marginally on Index.

Copper Scrap Prices

The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 100 per MT each.

The price of #2 Copper Wire and Tubing also increased by CNY 100 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 Wednesday, September 20th.

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

Aluminum Scrap Prices

6063 Extrusions witnessed a rise of CNY 550 per MT over the previous day.

Aluminum Ingots and Radiators prices were up by CNY 600 per MT and CNY 200 per MT respectively.

The price of Aluminum Transformers and UBC rose by CNY 200 per MT over the previous day.

E.C Aluminum Wire, Old Cast and Old Sheet prices jumped higher by CNY 550 per MT each on September 20th, 2017.

Meantime, Zorba 90% NF prices held steady when compared with the previous day.

Steel Scrap Prices

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

Cast Iron Scrap too reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices climbed higher by CNY 50 per MT to CNY 4,850 per MT.

304 SS Solid prices too increased by CNY 50 per MT over the previous day.

The price of 304 SS Turning too witnessed a rise of CNY 50 per MT.

309 SS and 310 SS prices witnessed increase of CNY 100 per MT each.

316 SS Solid scrap prices edged higher by CNY 100 per MT over the day on September 20th.

Shred SS prices increased by CNY 50 per MT to CNY 9,900 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 30,500 per MT on September 20th, 2017.

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

 

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