Chinese Scrap Metal Prices Post Broad Gains; Stainless Steel Falls on the Index– September 29, 2026

Daily Scrap Metal Price Report | 2026-09-30 02:37:05 | By Anil Mathews

#1 Copper Bare Bright and #1 Copper Wire and Tubing both surged CNY 300 per MT compared with the previous day. #2 Copper Wire and Tubing also increased CNY 300 per MT.

BEIJING (Scrap Monster): Chinese scrap metal prices mostly edged higher on the ScrapMonster Price Index as of Tuesday, September 29, 2026. Copper, aluminum, and brass/bronze scrap prices moved higher, while stainless steel scrap saw a slight decline. Meanwhile, steel scrap prices remained steady on the Index.

Copper Scrap Prices

Copper scrap prices gained across select categories on the Index.

#1 Copper Bare Bright and #1 Copper Wire and Tubing both surged CNY 300 per MT compared with the previous day. #2 Copper Wire and Tubing also increased CNY 300 per MT.

#1 Insulated Copper Wire with 85% Recovery climbed CNY 150 per MT, while #2 Insulated Copper Wire with 50% Recovery edged higher by 50 per MT on the Index.

Cu/Al Radiator Scrap and Heater Cores prices jumped CNY 50 per MT and CNY 100 per MT, respectively, on the Index.

The rest of the scrap categories, including Copper Transformer Scrap, Cu Yokes, Harness Wire with 35% Recovery, Scrap Electric Motors, and Sealed Units, remained flat compared with the previous day.

Aluminum Scrap Prices

6063 Extrusions and Aluminum Ingots each increased CNY 100 per MT from the previous day.

Aluminum Radiators and Aluminum Transformers witnessed a jump of CNY 50 per MT each.

E.C. Aluminum Wire, Old Cast, and Old Sheet increased by CNY 100 per MT on the Index.

Meanwhile, UBC and Zorba 90% INF prices recorded a rise of CNY 50 per MT each from the previous day's prices.

Steel Scrap Prices

#1 HMS prices recorded no variation on the Index.

Cast Iron Scrap also recorded no change.

Stainless Steel Scrap Prices

201 SS, 304 SS Solid, 304 SS Turning, and Shred SS prices recorded no variation from the previous day's prices.

309 SS and 316 SS Solid prices dropped by CNY 50 per MT each.

Meanwhile, 310 SS posted a decline of CNY 100 per MT on the Index.

Brass/Bronze Scrap Prices

Brass and bronze scrap prices in China recorded an increase on the Index.

Brass Radiator scrap prices held steady, while Red Brass and Yellow Brass prices jumped by CNY 50 per MT each compared with the prior day’s prices.