4th Feb, 2016: Chinese Aluminum Scrap prices rise on Index

BEIJING (Scrap Monster): The Chinese Aluminum scrap prices increased marginally on the Scrap Monster Price Index on Feb 4^th, Thursday.

6063 Extrusions witnessed a rise of CNY 150 per MT over the previous day. Aluminum Radiators and Transformers prices increased by CNY 100 per MT each. E.C Aluminum Wire prices jumped higher by CNY 150 per MT to touch CNY 10,700 per MT. Old Cast prices too appreciated by CNY 150 per MT. The prices of Aluminum Radiators and Old Sheet saw marginal rise of CNY 100 per MT and CNY 150 per MT respectively. UBC and Zorba 90% INF prices too increased by CNY 100 per MT over the previous day.

Meanwhile, Brass Radiator prices witnessed upmove of CNY 200 per MT over the previous day. Red Brass and Yellow Brass prices too moved higher by CNY 200 per MT each.

Stainless steel scrap prices too rose marginally on the Index.

201 SS prices were up by CNY 50 per MT.

The prices of 304 SS Solid, 304 SS Turning and 309 SS edged higher by CNY 50 per MT each.

310 SS prices increased by CNY 100 per MT on Feb 4^th, 2016.

316 SS Solid and Shred SS prices too went higher by CNY 50 per MT each.

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