15th Sep, 2014: Chinese scrap prices slumped on Index
The Chinese scrap prices fell sharply on September 15th, Monday
BEIJING (Scrap Monster): The Chinese scrap prices fell sharply on ScrapMonster Price Index as on September 15th, Monday.
#1 HMS prices remained unchanged from the prices a day before. The price of #1 Bare Bright Copper Wire declined by CNY 400 per MT. #1 Copper and #2 Copper prices too were down by CNY 400 each per MT.
201 Stainless Steel and 304 Stainless Steel prices remained flat over the previous day.
316 Stainless Steel prices too witnessed no price change over the day.
The Al/Cu Radiator prices witnessed a down move of CNY 150 per MT.
Cast Iron Scrap prices witnessed no change in price on 15th September.
Nickel scrap prices declined by CNY 200 per MT to touch CNY 128,700 per MT.
Shred Stainless Steel, Soft Lead and Shred Zinc prices remained unchanged over the previous day.
Scrap Metal Prices
| Copper Scrap | ||
| Alternator | 0.32 | $US/Lb |
| #1 Copper Bare Bright | 3.75 | $US/Lb |
| Aluminum Scrap | ||
| 356 Aluminum Wheels (Clean) | 0.73 | $US/Lb |
| 6061 Extrusions | 0.64 | $US/Lb |
| Steel Scrap | ||
| #1 Bundle | 460.00 | $US/MT |
| #1 Busheling | 480.00 | $US/MT |
| Electronics Scrap | ||