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Scrap Prices March 25, 2015 12:30:53 PM

Market Update- 24th Mar, 2015: Chinese copper scrap prices edge higher

Paul Ploumis
ScrapMonster Author
The Chinese copper scrap prices ended marginally higher on

Market Update- 24th Mar, 2015: Chinese copper scrap prices edge higher

BEIJING (Scrap Monster):  The Chinese copper scrap prices ended marginally higher on ScrapMonster Price Index  as on Tuesday, March 24th.

The #1 Copper Bare Bright and #1 Copper Wire and Tubing saw price rise of CNY 200 per MT each.

The price of #2 Copper Wire and Tubing also increased by CNY 200 per MT.

#1 Insulated Copper Wire 85% Recovery prices edged higher by CNY 100 per MT. The price of #2 Insulated Copper Wire 50% Recovery increased by CNY 50 per MT over the day.

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 were up by CNY 50 per MT at CNY 25,900 per MT.

Harness Wire 35% Recovery maintained previous day’s levels on Monday, March 24th.

Heater Cores prices appreciated by CNY 100 per MT from the previous day.

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

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