Chinese scrap prices fell heavily on Index
The Chinese scrap prices fell sharply on June 4th, Wednesday
BEIJING (Scrap Monster): The Chinese scrap prices fell sharply on ScrapMonster Price Index as on June 4th, Wednesday.
#1 HMS prices remained unchanged from the prices a day before. The price of #1 Bare Bright Copper Wire declined by CNY 100 per MT. #1 Copper and #2 Copper prices too were down by CNY 100 each per MT.
201 Stainless Steel prices declined by CNY 50 per MT to CNY 4,500 per MT.
304 Stainless Steel declined CNY 100 per MT during the day.
316 Stainless Steel price too dropped by CNY 100 per MT.
The Al/Cu Radiator prices witnessed a down move of CNY 50 per MT.
Cast Iron Scrap prices witnessed no change in price on 4th June.
Nickel scrap prices declined by CNY 2,500 per MT to touch CNY 132,800 per MT.
Shred Stainless Steel prices were down by CNY 100 per MT.
Soft Lead and Shred Zinc prices remained unchanged over the previous day.