SCRAPMONSTER | CHINESE DAILY SCRAP METAL PRICE REPORT
Chinese Scrap Metal Prices: Copper Rebounds CNY 600/MT, Aluminum Rises – November 9, 2026
Chinese scrap metal prices advanced across copper, aluminum and brass/bronze categories on November 9, 2026. Three major copper grades gained CNY 600/MT, while aluminum increased by up to CNY 150/MT. Selected stainless steel grades also rose, while steel remained unchanged.
By Anil Mathews | Published: November 10, 2026 | Market data: November 9, 2026
Market at a Glance
- Copper: ▲ CNY 50–600/MT across seven grades; five unchanged.
- Aluminum: ▲ CNY 50–150/MT across all nine listed grades.
- Brass/Bronze: ▲ CNY 50–100/MT across all three listed grades.
- Stainless Steel: ▲ CNY 50/MT for 309 SS, 310 SS and 316 SS Solid; four grades unchanged.
- Steel: → Flat for #1 HMS and Cast Iron Scrap.
BEIJING (Scrap Monster): Chinese scrap metal prices recorded gains across several categories on Monday, November 9, 2026, according to the ScrapMonster Price Index.
#1 Copper Bare Bright, #1 Copper Wire and Tubing and #2 Copper Wire and Tubing each increased CNY 600 per metric ton, recovering part of Friday's sharp decline.
Aluminum and brass/bronze scrap prices also strengthened. Stainless steel posted selective increases, while steel scrap benchmarks held steady.
SCRAPMONSTER EDGE | MARKET ANALYSIS
Copper Recovers More Than Half of Friday's Loss
Monday's CNY 600/MT increase in three clean copper grades followed a CNY 1,100/MT decline on November 6.
The rebound recovered approximately 54.5% of Friday's loss, leaving these grades CNY 500/MT lower across the two trading sessions.
Aluminum showed a broader recovery, with all nine reported grades increasing. Stainless steel gains were more selective, while ferrous scrap prices remained unchanged.
Operator takeaway: The latest copper advance represents a partial recovery, not a complete reversal. Scrap traders and processors should assess cumulative grade-level movements before interpreting a single positive session as a sustained change in market direction.
Copper Scrap Prices
▲ CNY 50–600/MT | Seven grades higher; five unchanged
Copper scrap prices advanced across selected categories, led by the principal clean grades.
▲ CNY 600/MT: #1 Copper Bare Bright, #1 Copper Wire and Tubing and #2 Copper Wire and Tubing.
▲ CNY 300/MT: #1 Insulated Copper Wire 85% Recovery.
▲ CNY 250/MT: Heater Cores.
▲ CNY 100/MT: Cu/Al Radiators.
▲ CNY 50/MT: #2 Insulated Copper Wire 50% Recovery.
Unchanged: Copper Transformer Scrap, Harness Wire 35% Recovery, Cu Yokes, Scrap Electric Motors and Sealed Units.
Aluminum Scrap Prices
▲ CNY 50–150/MT | All nine reported grades increased
Aluminum scrap prices strengthened across every listed category on November 9.
▲ CNY 150/MT: 6063 Extrusions, Aluminum Ingots, E.C. Aluminum Wire, Old Cast and Old Sheet.
▲ CNY 50/MT: Aluminum Radiators, Aluminum Transformers, UBC and Zorba 90% INF.
The gains were broad-based within the reported aluminum grades, following declines in the previous trading session.
Brass/Bronze Scrap Prices
▲ CNY 50–100/MT | All three grades increased
Brass and bronze scrap prices moved higher across the reported categories.
Red Brass and Yellow Brass gained CNY 100/MT each, while Brass Radiator prices increased CNY 50/MT.
The advances partially offset the previous session's declines in these grades.
Stainless Steel Scrap Prices
▲ CNY 50/MT | Three grades increased; four unchanged
Stainless steel scrap prices posted selective gains, with higher-alloy grades leading the movement.
▲ CNY 50/MT: 309 SS, 310 SS and 316 SS Solid.
Unchanged: 201 SS, 304 SS Solid, 304 SS Turning and Shred SS.
The latest results show a narrower advance than the previous trading session, when increases extended across all seven reported stainless steel grades.
Steel Scrap Prices
→ Flat | Both reported grades unchanged
Chinese ferrous scrap prices remained stable on the ScrapMonster Price Index.
Unchanged: #1 HMS and Cast Iron Scrap.
Pricing scope: This report covers day-over-day changes in Chinese scrap metal buying benchmarks on the ScrapMonster Price Index, expressed in Chinese yuan per metric ton (CNY/MT). Individual buying quotations vary by grade, material quality, recovery, region, quantity and buyer. Absolute proprietary Premium price levels are not published here.