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Scrap Prices April 15, 2014 02:30:58 AM

Chinese scrap prices scaled higher on Index

Paul Ploumis
ScrapMonster Author
The Chinese scrap prices continued their strong rally on Monday, April 14th

Chinese scrap prices scaled higher on Index

BEIJING (Scrap Monster) :  The Chinese  scrap prices continued their strong rally on ScrapMonster Price Index  as on Monday, April 14th .

#1 HMS prices remained unchanged from the prices a day before. The price of #1 Bare Bright Copper Wire went higher by CNY 1000 per MT. #1 Copper and #2 Copper prices too advanced by CNY 1000 each per MT.

The prices of 201 Stainless Steel edged higher by CNY 100 per MT. 304 Stainless Steel prices increased by CNY 150 per MT. Also, 316 Stainless Steel prices increased by CNY 200 per MT to reach CNY 13,700 per MT. Al/Cu Radiator scrap prices too increased by CNY 250 per MT over the day.

Cast Iron Scrap witnessed no change in price as on 14th April.

Nickel scrap prices advanced by CNY 3100 per MT, to touch CNY 120,900 per MT.

Shred Stainless Steel price went higher by CNY 100 per MT.

Shred Zinc and Soft Lead prices remained flat over the day.

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