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Scrap Prices August 01, 2014 05:00:21 AM

31st July, 2014: Chinese scrap prices recover

Paul Ploumis
ScrapMonster Author
The Chinese scrap prices recovered on Thursday, July 31st

31st July, 2014: Chinese scrap prices recover

BEIJING (Scrap Monster):  The Chinese scrap prices recovered on ScrapMonster Price Index  as on Thursday, July 31st.

#1 HMS prices remained unchanged from the prices a day before. The price of #1 Bare Bright Copper Wire increased by CNY 200 per MT. #1 Copper and #2 Copper prices too increased by CNY 200 per MT over the previous day.

The prices of 201 Stainless Steel remained flat over the day. 304 Stainless Steel prices too remained unchanged from the previous day. 316 Stainless Steel prices increased by CNY 50 per MT to reach CNY 14,250 per MT. Al/Cu Radiator scrap prices climbed higher by CNY 50 per MT to touch CNY 27,000 per MT over the day.

Cast Iron Scrap witnessed no change in price as on 31st July.

Nickel scrap prices advanced by CNY 900 per MT, to touch CNY 130,200 per MT.

Shred Stainless Steel, Shred Zinc and Soft Lead prices remained flat.

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