Chinese Scrap Metal Market Sees Mixed Price Movements Across the Index– October 12, 2026

Daily Scrap Metal Price Report | 2026-10-13 06:54:02 | By Anil Mathews

#1 Copper Bare Bright, #1 Copper Wire and Tubing, and #2 Copper Wire and Tubing each increased CNY 400 per metric ton from the previous day.

Summary

Copper Scrap Prices Rise Across Several Grades
Chinese copper scrap prices recorded gains across multiple grades on October 12. #1 Copper Bare Bright, #1 Copper Wire and Tubing, and #2 Copper Wire and Tubing each increased by CNY 400 per metric ton, while insulated copper wire and selected radiator grades also advanced.
Aluminum and Stainless Steel Scrap Prices Decline
Aluminum scrap prices weakened across all major grades, with 6063 Aluminum Extrusions, Aluminum Ingot, E.C. Aluminum Wire, Old Cast Aluminum, and Old Sheet Aluminum each falling by CNY 150 per metric ton. Stainless steel prices also declined across several grades, led by a CNY 150-per-tonne drop in 310 SS.
Brass Gains While Steel Prices Remain Stable
Red Brass and Yellow Brass prices increased by CNY 50 per metric ton each, while Brass Radiator prices remained unchanged. In the steel segment, both #1 HMS and Cast Iron Scrap maintained their previous-session price levels.

BEIJING (Scrap Monster): Chinese scrap metal prices recorded mixed movements on the ScrapMonster Price Index as of Monday, October 12, 2026.

Copper: Select grades increased
Aluminum: All major grades declined
Brass/Bronze: Red Brass and Yellow Brass advanced
Stainless Steel: Select grades moved lower
Steel: Prices remained stable

Copper Scrap Prices

#1 Copper Bare Bright, #1 Copper Wire and Tubing, and #2 Copper Wire and Tubing each increased CNY 400 per metric ton from the previous day.

#1 Insulated Copper Wire 85% Recovery rose CNY 200 per metric ton.

#2 Insulated Copper Wire 50% Recovery increased CNY 50 per metric ton.

Copper Transformer Scrap and Cu Yokes were unchanged on the Index.

Cu/Al Radiators inched higher by CNY 50 per metric ton, while Heater Cores increased CNY 150 per metric ton.

Meanwhile, Harness Wire 35% Recovery, Scrap Electric Motors, and Sealed Units remained unchanged.

Aluminum Scrap Prices

6063 Aluminum Extrusions and Aluminum Ingot prices each declined CNY 150 per metric ton.

Aluminum Radiators and Aluminum Transformers recorded declines, falling by CNY 50 per MT each. E.C. Aluminum Wire fell CNY 150 per metric ton from the previous day.

Old Cast aluminum and Old Sheet aluminum also declined CNY 150 per metric ton. Used Beverage Cans and Zorba 90% NF saw smaller declines, falling by CNY 50 per MT each from the previous day’s levels.

Steel Scrap Prices

#1 HMS remained unchanged on the Index.

Cast Iron Scrap also recorded no price movement.

Stainless Steel Scrap Prices

201 SS: No change

304 SS Solid, 304 SS Turning and Shred SS: Dropped by CNY 50 per MT

309 SS and 316 SS Solid: Down CNY 100 per metric ton
310 SS: Witnessed a dip of CNY 150 per metric ton

Brass/Bronze Scrap Prices

Chinese brass and bronze scrap prices recorded gains across select grades.

Brass Radiator: No change
Red Brass and Yellow Brass: Up CNY 50 per metric ton each