Chinese scrap prices see marginal rise on Index, Nickel scrap falls
Metal Recycling News | 2013-09-25 08:05:35
The Chinese copper scrap prices witnessed marginal up move
By Paul Ploumis
BEIJING (Scrap Monster) : The Chinese copper scrap prices witnessed marginal up move on ScrapMonster Price Index as on Tuesday, September 24th.
#1 HMS prices remained unchanged from the prices a day before. The price of #1 Bare Bright Copper Wire appreciated by CNY 150 per Pound. #1 Copper and #2 Copper prices too increased by CNY 150 each per Pound.
201 Stainless Steel, 304 Stainless Steel and 316 Stainless Steel prices remained unchanged at CNY 3,850 per Pound, CNY 9,750 per Pound and CNY 12,750 per Pound respectively.
The Al/Cu Radiator and Cast Iron Scrap witnessed no change in price as on 24th September.
Nickel scrap prices declined by CNY 200 per Pound to reach CNY 97,600.
Shred Stainless Steel prices remained unchanged at CNY 8,650 per Pound.
Shred Zinc prices moved higher by CNY 100 per Pound.
Soft Lead prices too increased by CNY 50 per Pound over the previous day.
