2nd July, 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 July 2^nd, Thursday.

6063 Extrusions witnessed a rise of CNY 50 per MT over the previous day. Aluminum Radiators and Transformers prices increased by CNY 50 per MT each. E.C Aluminum Wire prices jumped higher by CNY 100 per MT to touch CNY 12,550 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 and Zorba 90% INF prices went higher by CNY 50 per MT each.

Meanwhile, Brass Radiator prices remained unchanged at CNY 32,100 per MT over the previous day. Red Brass and Yellow Brass prices too remained flat over the previous day.

Stainless steel scrap prices mostly remained flat on the Index.

201 SS prices remained unchanged at CNY 3,800 per MT.

The prices of 304 SS Solid and 304 SS Turning too held steady.

309 SS, 310 SS and Shred SS prices too witnessed no change from the previous day on July 2^nd, 2015.

316 SS Solid prices remained flat.

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