7th December, 2017: Chinese Copper, Aluminum Scrap Prices Declined

BEIJING (Scrap Monster): The Chinese scrap metal prices mostly remained unchanged on ScrapMonster Price Index  as on December 7^th, Thursday. Steel, Brass and Bronze scrap prices held steady. Meantime, Copper and Aluminum scrap prices witnessed marginal decline over the previous day. Meantime, Stainless Steel scrap prices remained unchanged on Index.

Copper Scrap Prices

#1 Copper Bare Bright prices were down by CNY 200 per MT over the previous day. The price of #1 Copper Wire and Tubing and #2 Copper Wire and Tubing too tumbled by CNY 200 per MT each.

#1 Insulated Copper Wire 85% Recovery prices were unchanged over the previous day. The price of #2 Insulated Copper Wire 50% Recovery too remained flat when matched 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 prices remained unchanged.

Harness Wire 35% Recovery prices held steady on Thursday, December 7^th.

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

Aluminum Scrap Prices

6063 Extrusions witnessed a price decline of CNY 150 per MT over the previous day.

Aluminum Ingots too dropped by CNY 150 per MT.

The prices of Aluminum Radiators and Aluminum Transformers declined by CNY 50 per MT each.

E.C Aluminum Wire prices dropped by CNY 150 per MT to touch CNY 13,950 per MT.

Old Cast prices too witnessed a down move of CNY 150 per MT on 7^th December, 2017.

The prices of Old Sheets declined by CNY 150 per MT.

UBC prices dropped by CNY 100 per MT from the previous day levels.

Zorba 90% INF prices saw a down move of CNY 100 per MT on Index.

Steel Scrap Prices

#1 HMS prices held steady at CNY 1,630 per MT on 7^th December, 2017.

Cast Iron Scrap reported no change in prices.

Stainless Steel Scrap Prices

201 SS prices were unchanged at CNY 4,800 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 December 7^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 30,150 per MT on December 7^th, 2017.

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

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